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Its tea time; sugar, tea stocks in limelight

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Press Trust of India Mumbai
Sugar and tea stocks were on buyers' radar today, rising sharply by up to 11 per cent in-tandem with a positive broader market.

Shares of Jay Shree Tea & Industries surged 5.47 per cent, Arcuttipore Tea Company rose by 4.60 per cent, James Warren Tea went up by 4.51 per cent and Assam Company rose by 2.12 per cent on the BSE.

Among sugar stocks, Oudh Sugar Mills zoomed 11.38 per cent, Dhampur Sugar Mills climbed 6.06 per cent, Triveni Engineering (4.80 per cent), Balrampur Chini Mills (3.58 per cent), Bajaj Hindusthan Sugar (3.02 per cent) and Shree Renuka Sugars (2.98 per cent).
 

From the dairy pack, shares of Kwality went up by 6.28 per cent and Prabhat Dairy rose by 1.65 per cent.

Meanwhile, the benchmark Sensex also maintained its winning momentum for a second consecutive session, rising 86.29 points to close at a six-week high of 24,804.28.

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First Published: Mar 14 2016 | 7:48 PM IST

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