Healthy outlook: Investors show their sweet tooth for sugar stocks

Shares of several firms rally between 15% and 20%

Shares of sugar companies were on a roll at the bourses on Monday, with Bajaj Hindustan, Dwarikesh Sugar Industries, Dhampur Sugar Mills, Avadh Sugar & Energy, Uttam Sugar Mills, and Dalmia Bharat Sugar and Industries rallying between 15 per cent and 20 per cent on a healthy outlook.
 
Triveni Engineering & Industries, EID Parry, Shree Renuka Sugars, and Balrampur Chini Mills gained in the range of 10 per cent-12 per cent. In comparison, the S&P BSE Sensex ended 63.84 points, or 0.13 per cent, lower at 48,718.52.
 
Most brokerages have a positive stance on India’s sugar industry as