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May 03, 2012, 11.02 AM IST

Sugar stocks surge on export limit scrap

BALRAMPUR-CHINI-RENUKA-SUGARS-BAJAJ-HINDUSTH:Sugar stocks surge on export limit scrap

Source: Reuters
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MUMBAI (Reuters) - Shares in sugar producers surged on Thursday after the government removed any limits on export volumes, raising expectations for improved profits in the sector.


Shree Renuka Sugars , a private sector integrated sugar producer, rose 4.4 percent. Bajaj Hindusthan added 3.8 percent, while Balrampur Chini Mills advanced 4.1 percent.


(Reporting by Mumbai Markets Team)


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