Shares of sugar companies were trading higher for the second straight session and rallied by up to 20% on the BSE on hopes of debt restructuring.
Uttam Sugar Mills, Thiru Arooran Sugars and Simbhaloi Sugars have locked in upper circuit of 20% each on the BSE.
Rajshree Sugars, Dharani Sugar & Chemicals, Riga Sugar Company, Mawana Sugars, Kesar Enterprises, Sakthi Sugars and Kakatiya Cement Sugar & Industries were up 10%-19% as compared to 0.11% rise in the S&P BSE Sensex at 02:11 pm.
According to Business Standard reports, the Union finance ministry is considering a proposal to
Uttam Sugar Mills, Thiru Arooran Sugars and Simbhaloi Sugars have locked in upper circuit of 20% each on the BSE.
Rajshree Sugars, Dharani Sugar & Chemicals, Riga Sugar Company, Mawana Sugars, Kesar Enterprises, Sakthi Sugars and Kakatiya Cement Sugar & Industries were up 10%-19% as compared to 0.11% rise in the S&P BSE Sensex at 02:11 pm.
According to Business Standard reports, the Union finance ministry is considering a proposal to