Sugar stocks make sweet gains post Rangarajan report

Rangarajan panel has come out with sugar decontrol report. The panel has recommended revenue sharing mechanism where the ratio of sugar cane producers to sugar mills will be 70:30.

At 11:41 hrs Shree Renuka Sugars was quoting at Rs 37.35, up Rs 0.60, or 1.63%. It has touched an intraday high of Rs 37.90 and an intraday low of Rs 36.75.

At 11:42 hrs Bajaj Hindusthan was quoting at Rs 33.05, up Rs 0.65, or 2.01%. It has touched an intraday high of Rs 33.35 and an intraday low of Rs 32.50.

At 11:41 hrs Balrampur Chini Mills was quoting at Rs 69.50, up Rs 0.85, or 1.24%. It has touched a 52-week high of Rs 70.50.

At 11:41 hrs Dhampur Sugar Mills was quoting at Rs 70.75, up Rs 1.50, or 2.17%. It has touched an intraday high of Rs 71.80 and an intraday low of Rs 69.75.

At 11:41 hrs Sakthi Sugars was quoting at Rs 34.15, up Rs 1.20, or 3.64%. It has touched a 52-week high of Rs 34.70.

At 11:41 hrs EID Parry (India) was quoting at Rs 255.15, up Rs 6.80, or 2.74%. It has touched a 52-week high of Rs 256.90.