Jun 14, 2010, 03.41 PM IST

Govt okays Rs 4/kg hike in levy sugar price; stks up 3-5%

The government approves Rs 4/kg hike in levy sugar price paid to mills reports CNBC-TV18 quoting NewsWire18 Sources. Sugar stocks surged 3-5% post announcement.

Source: Moneycontrol.com
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The government approves Rs 4/kg hike in levy sugar price paid to mills reports CNBC-TV18 quoting NewsWire18 Sources. Sugar stocks surged 3-5% post announcement.


Bajaj Hindusthan has touched an intraday high of Rs 114.70 and an intraday low of Rs 109.50.
 
At 15:28 hrs the share was quoting at Rs 114.70, up Rs 5.45, or 4.99%.
 
It was trading with volumes of 419,964 shares, compared to its 5-day and 30-day average of 575,449 and 812,908 shares.
 
Yesterday the share closed down 0.05% or Rs 0.05 at Rs 109.25.
 
The company touched its 52 week high Rs 242.90 and 52 week low Rs 98.80 on 07 Jan, 2010 and 27 May, 2010, respectively.
 
Currently, it is trading -52.78% below its 52-week high and 16.09% above its 52-week low.
 
Market capitalisation stands at Rs 2,194.87 crore.


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