Sugar stocks in focus; Shree Renuka, Mawana Sugars up over 10%

Kesar Enterprises, Thiru Arooran, Uttam Sugar Mills, Simbhaoli Sugars, Bajaj Hindustan, Ugar Sugar, Dhampur Sugar Mills and Dalmia Bharat Sugar were up 4% to 8% on the BSE

Shares of sugar companies rallied by up to 16 per cent on the BSE in intra-day trade on Friday. Shree Renuka Sugars and Mawana Sugars have rallied 16 per cent and 14 per cent, respectively, on the back of a two-fold jump in trading volumes.

Kesar Enterprises, Thiru Arooran Sugars, Uttam Sugar Mills, Simbhaoli Sugars, Bajaj Hindustan Sugar, Ugar Sugar Works, Dhampur Sugar Mills, Dalmia Bharat Sugar, Dwarikesh Sugar Industries and Triveni Engineering were up 5 per cent to 8 per cent on the BSE. In comparison, the S&P BSE Sensex was up 0.29 per cent at 38,797 at 10:38