The sugar sector surged over 15% on Monday after media reports said that the government has decided to allow sugar mills to divert up to 1.7 million metric tons of sugar for ethanol production. The move comes on the back of curbs on the diversion of sugar for ethanol production as part of efforts to … Read more
Sugar stocks continued to correct on Friday for the second day following the curbs by the government on ethanol production. Among the top losers were Shree Renuka Sugars which plunged over 7% in the opening trade amid high volumes, followed by Balrampur Chini, Rana Sugar, The Ugar Sugar Works and Dwarikesh Sugar, which lost up … Read more
Bajaj Finance. Share Price 7819.85 03:59 PM | 25 Sep 2023 348.50(4.66%) Tata Consumer Products. Share Price 900.60 03:59 PM | 25 Sep 2023 22.86(2.60%) Bajaj Finserv. Share Price 1577.40 03:59 PM | 25 Sep 2023 33.71(2.18%) Apollo Hospitals Enterprise. Share Price 5097.05 03:58 PM | 25 Sep 2023 107.50(2.15%) Coal India. Share Price 288.05 … Read more
Sugar stocks jumped over 13% on the NSE on Thursday on the likelihood of a 14% fall in sugar output in Maharashtra in the 2023-24 crop year. Dalmia Sugar was the top gainer, while Dhampur Sugar, Avadh Sugar & Energy, Balrampur Chini Mills, Rana Sugar, Shree Renuka Sugars, The Ugar Sugar, Dwarikesh Sugar, Eid Parry … Read more
Sugar stocks gained up to 8% on Wednesday riding on concerns over production in the wake of weak monsoon in the growing areas. The top gainer was Rana Sugar which was up 5% in the opening trade. It was followed by Shree Renuka Sugars, The Ugar Sugar, Dwarikesh Sugar, Eid Parry, Triveni Engineering & Industries … Read more
India’s bluechip Nifty 50 index fell for the first time in nine sessions on Friday, succumbing to the persistent concerns of US rate hikes that have weighed on global equities. The Nifty 50 settled 0.85% lower at 19,331.80, while the 30-member S&P BSE Sensex fell 0.77% to 65,280.45. Both indexes hit record highs for the … Read more
Shares of sugar companies such as Dalmia Bharat Sugar and Industries, Rajshree Sugar & Chemicals and rallied up to 20% on the BSE in Monday’s intraday trade as reports were doing rounds that the government may increase sugar export quota after assessing the domestic production in January. In November, the government allowed the export of … Read more
New Delhi: Domestic equity markets settled mildly lower on Monday as the benchmark indices recouped most of the intraday losses. The BSE Sensex dropped 200 points to settle just shy of the 58,000 mark, whereas Nifty50 dropped about 75 points to close at 17,241. Fear gauge India VIX surged more than 4 per cent. Only … Read more
Select stocks from the FMCG space managed to give 50-100 per cent returns in the last year, outperforming the S&P BSE FMCG index by a wide margin which is up over 7 per cent in the same period and 16 per cent so far in 2022. Stocks that more than doubled investors’ wealth in the … Read more