Sugar Stocks Surge on Global Price Rise and Supply Concerns
Shares of Indian sugar companies, including Dalmia Bharat Sugar & Industries, Balrampur Chini Mills, and Dhampur Sugar Mills, surged up to 9% on Tuesday. The rally was driven by a sharp increase in global sugar prices and concerns over India's domestic supply outlook.
Shares of sugar companies rallied sharply on Tuesday, October 6, as global sugar prices rose and concerns over India’s domestic supply outlook supported sentiment across the sector. 6% intraday, while Balrampur Chini Mil…