Stock market update: Sugar stocks down as market falls
On Tuesday, sugar stocks showed mixed results. Bajaj Hindusthan Sugar Ltd. led gains at 3.79%, followed by Vishwaraj Sugar Industries Ltd. (2.64%) and Balrampur Chini Mills Ltd. (2.42%). Decliners included KM Sugar Mills Ltd. (down 2.98%) and Uttam Sugar Mills Ltd. (1.67%). Overall, the sector reflected fluctuating investor sentiment amid market dynamics.
NEW DELHI: Sugar shares closed higher in the Tuesday’s session.
Bajaj Hindusthan Sugar Ltd.(up 3.79%), Vishwaraj Sugar Industries Ltd.(up 2.64%), Balrampur Chini Mills Ltd.(up 2.42%), Ponni Sugars(Erode)Ltd.(up 1.09%), Dalmia Bharat Sugar and Industries Ltd.(up 0.46%), Rajshree Sugars & Chemicals Ltd.(up 0.33%), Simbhaoli Sugars Ltd.(up 0.08%) and Dhampur Sugar Mills Ltd.(up 0.06%) stood among the top gainers.
KM Sugar Mills Ltd.(down 2.98%), Uttam Sugar Mills Ltd.(down 1.67%), Avadh Sugar & Energy Ltd.(down 1.60%), Kothari Sugars & Chemicals Ltd.(down 1.38%), Mawana Sugars Ltd.(down 1.35%), KCP Sugar & Industries Corporation Ltd.(down 1.25%), Magadh Sugar & Energy Ltd.(down 1.03%), Sakthi Sugars Ltd
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