Shares of sugar companies were in focus with five stocks Balrampur Chini Mills, Dhampur Sugar Mills, Dwarikesh Sugar Industries, Triveni Engineering and Industries and KM Sugar Mills hitting their respective 52-week highs on the BSE.
Most of the sugar stocks were trading higher in the range of 4% to 9% as compared to 0.50% rise in the S&P BSE Sensex at 02:18 pm. Kesar Enterprises, Uttam Sugar Mills, Triveni Engineering and Industries, Mawana Sugars, and Dwarikesh Sugars among those that rallied more than 5% on the BSE.
Most of the sugar stocks were trading higher in the range of 4% to 9% as compared to 0.50% rise in the S&P BSE Sensex at 02:18 pm. Kesar Enterprises, Uttam Sugar Mills, Triveni Engineering and Industries, Mawana Sugars, and Dwarikesh Sugars among those that rallied more than 5% on the BSE.
The Indian Sugar Mills Association (Isma) last week reduced its production assessment