Indian sugar stocks zoom on positive news
December 19th, 2007
Indian sugar stocks have zoomed on the stock markets today following positive news after the Allahabad High Court asked the UP Government to reconsider SAP on Sugar.
Allahabad High Court has asked the Uttar Pradesh Government to scrap SAP for sugar companies. This news has come as a positive and favorable for the Indian sugar industry. The High Court asked the UP Government to reconsider about SAP. Sugar Industry sources feel that the High Court is able to understand their situation and have taken their suggestions.
On BSE
Balrampur Chini - Rs.111.60
Bajaj Hindustan - Rs.277.70
Dhampur Sugar - Rs.92.70
EID Parry - Rs.178.00
KCP Sugar - Rs.26.65
Entry Filed under: Equities, BSE, NSE, Sugar Industry
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