New Delhi: The sugar sector was under pressure even as Sensex and Nifty created new highs on Thursday morning. Stocks of sugar companies were trading lower at around 10.24 AM as the sector was under pressure, reports The Economic Times.
In the sector, EID Parry (India) Ltd. was among the top gainers at a marginal 0.19% increase, whereas Balrampur Chini Mills Ltd. in the sector had gone up by 0.12%.
However, the market saw significant drops for several companies. Simbhaoli Sugars Ltd was the top loser, declining by 5.02%, while Bannari Amman Sugars Ltd declined by 2.04%. Other major losers were Ponni Sugars (Erode) Ltd. (1.91 per cent), Bajaj Hindusthan Sugar Ltd. (1.85 per cent), Triveni Engineering & Industries Ltd. (1.75 per cent), Kothari Sugars & Chemicals Ltd. (1.73 per cent), Rana Sugars Ltd. (1.61 per cent), Rajshree Sugars & Chemicals Ltd. (1.59 per cent), Shree Renuka Sugar.
