Sourness seeps in

INVESTING INSIGHT

The stocks of companies engaged in the sugar business have had a lacklustre run in the last three months to April on the Bombay Stock Exchange (BSE).

Share price of Balrampur Chini rose from Rs 60.58 on February 1, to today's close of Rs 60.90, up 0.52 per cent on the BSE.

During the same period the Dhampur Sugar share decreased 7.80 per cent from Rs 142.90 to Rs 132.55, and Dharani Sugars decreased from Rs 23.45 to Rs 21.00.

Kesar Enterprises gained from Rs 64.65 to Rs 79.84, up 23.49 per cent.

The Nahar Sugar scrip gained from Rs 22.30 to Rs 24.05, while Rana Sugars rose from Rs 23.05 to Rs 26 and Indian Sucrose from Rs 15.65 to Rs 17.85. Rajshree Sugar declined from Rs 55.80 to Rs 49.05, while Oudh Sugar Mills rose from Rs 167.05 to Rs 129.05 and Pratappur Sugar & Industries went up from Rs 24.40 to Rs 29.50.

Ravalgaon Sugar declined from Rs 4,233.45 to Rs 3,714.30, while Simbhaoli Sugar rose from 69.20 to Rs 86.95. Bannari Amman declined from Rs 594.79 to Rs 500.00, while Bajaj Hindustan fell from Rs 173.15 to Rs 148.90.