Majority of sugar stocks decline today

Mumbai: Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark on its own.

Majority of sugar stocks ended lower today. Bajaj Hindusthan Sugar Ltd. saw a decline of 10.11%, followed by DCM Shriram Industries Ltd. with a decrease of 8.6%. Balrampur Chini Mills Ltd., Simbhaoli Sugars Ltd., KCP Sugar & Industries Corporation Ltd., Dalmia Bharat Sugar and Industries Ltd., Kothari Sugars & Chemicals Ltd., Avadh Sugar & Energy Ltd., Sakthi Sugars Ltd., and Mawana Sugars Ltd. were also among the leading decliners.

 

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