Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%

Shares of sugar companies were on a roll as frontline stocks traded higher by up to 10 per cent on the BSE in Wednesday’s trade in an otherwise weak market. Frontline stocks like Dwarikesh Sugar, Dalmia Bharat Sugar and Industries and Triveni Engineering rallied between 5 per cent to 10 per cent. Among others in the pack, Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE. In comparison, the S&P BSE Sensex was down 0.88 per cent at 59,644