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The Economic Times
The Economic Times
Veer Sharma

Sugar stocks Balrampur Chini, Dhampur Sugar, others rally up to 8%. What’s behind the uptick?

Balrampur Chini Dhampur Sugar EID Parry European Union Brazil Veer Sharma Europe SEBI Thailand

Shares of sugar stocks such as Balrampur Chini, EID Parry, Dhampur Sugar, Dalmia Bharat and others rallied up to 8% as raw sugar futures continue to trade near two-year highs amid rising supply concerns and soaring demand ahead of the festive season.

In today’s session, Balrampur Chini Mills gained over 6% to Rs 714 on the BSE, while Dhampur Sugar Mills gained 8% to Rs 192 per share. Uttam Sugar gained 5% to Rs 310 per share. Triveni Engineering shares rose 4% to Rs 249, while Eid Parry gained over 3% to Rs 711.

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