Stock Market Update: Sugar Stocks Surge Alongside Soaring Sensex!

Stock market update for today, Sugar stocks soared on Thursday, mirroring the BSE Sensex's rise by 258 points to 76,864.56, showcasing a strong performance from major sugar companies.
Stock Market Update Sugar Stocks Surge Alongside Soaring Sensex

Sugar stocks saw significant gains on Thursday morning, with the BSE Sensex climbing 257.99 points to reach 76,864.56. This uptick in the market was reflected in the robust performance of several sugar companies noted at 10:04 AM.

Read More : Sugar Stocks In India  – Best Sugar Stocks in India

Rajshree Sugars & Chemicals Ltd. led the surge, advancing 9.46%, followed closely by Sakthi Sugars Ltd., which rose by 6.92%. Other notable gainers included Shree Renuka Sugars Ltd. and Mawana Sugars Ltd., up 4.60% and 4.49% respectively, alongside Uttam Sugar Mills Ltd. with a 4.18% increase.

Bajaj Hindusthan Sugar Ltd. also experienced a healthy increase, up by 3.82%. Both KCP Sugar & Industries Corporation Ltd. and Dhampur Sugar Mills Ltd. enjoyed gains of 3.42%, while Ugar Sugar Works Ltd. and Simbhaoli Sugars Ltd. increased by 2.82% and 2.81% respectively.

Despite the overall upward trend, not all sugar stocks fared well. EID Parry (India) Ltd. saw a slight decrease, dropping by 0.26%, marking it as one of the few decliners in an otherwise bullish sector for sugar stocks.

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