Sugar stocks trade with positive gains

On Wednesday, the benchmark indices, Sensex and Nifty, commenced trading on a downward trajectory amidst subdued global cues. However, as the morning progressed, the indices managed to pare their losses. At 11:20 am, the Sensex was seen trading at 73,961.39 (+0.078%), while the Nifty stood at 22,458.45 (+0.023%).

Sugar stocks exhibited strength in today’s trading session. At 11:20 am, several key sugar stocks were witnessing positive momentum. Notable gainers included Ugar Sugar Works at 75.85 (+3.76%), Vishwaraj Sugar at 16.2 (+3.18%), Magadh Sugar at 569.55 (+3%), and Dwarikesh Sugar at 74.55 (+2.9%).

Other sugar stocks- Avadh Sugar, Sakthi Sugars, Dollex Agrotech, Rajshree Sugars, Rana Sugars, Simbhaoli Sugar, Bannari Amm. Sug., KCP Sugar & Inds., Mawana Sugars, Shree Renuka Sugar, Uttam Sug. Mills, KM Sugar Mills, Ponni Sugar Erode, Zuari Industries, Dalmia Bharat, Bajaj Hindusthan, Dhampur Sugar, Dhampur Bio, Balrampur Chini, M.V.K. Agro, DCM Shriram Inds, and Kothari Sugars were amongst the gainers.

Sugar stocks trading in red were EID Parry at 581.2 (-0.21%), Triveni Engg Ind at 332.95 (-0.31%), and Davangere Sugar at 82 (-0.36%).

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