Shares of sugar companies surged up to 20 percent during Tuesday’s intra-day trade, following various sugar bodies indicate decline in sugar production in India. Recently, the National Federation of Cooperative Sugar Factories (NFCSF) revised the sugar production estimates to 259 lakh metric tonnes (LMT) for the sugarcane crushing season of 2024-25. The recent estimate is … Continue reading Sugar stocks surge up to 20% amid reports of lower sugar production