Stock market update: Sugar stocks down as market falls

Apr 18, 2024
stock-market-update:-sugar-stocks-down-as-market-falls

NEW DELHI: Sugar shares closed lower in the Thursday’s session.

KM Sugar Mills Ltd.(up 19.97%), KCP Sugar & Industries Corporation Ltd.(up 4.64%), Simbhaoli Sugars Ltd.(up 2.52%), Sakthi Sugars Ltd.(up 1.49%), Ponni Sugars(Erode)Ltd.(up 1.06%), Shree Renuka Sugars Ltd.(up 0.82%), Triveni Engineering & Industries Ltd.(up 0.69%), Rana Sugars Ltd.(up 0.23%) and Dalmia Bharat Sugar and Industries Ltd.(up 0.17%) stood among the top gainers.

Bannari Amman Sugars Ltd.(down 2.56%), Rajshree Sugars & Chemicals Ltd.(down 2.17%), Ugar Sugar Works Ltd.(down 1.52%), Uttam Sugar Mills Ltd.(down 1.33%), Balrampur Chini Mills Ltd.(down 1.26%), Avadh Sugar & Energy Ltd.(down 1.18%), EID Parry(India)Ltd.(down 0.62%), DCM Shriram Industries Ltd.(down 0.53%), Bajaj Hindusthan Sugar Ltd.(down 0.49%) and Mawana Sugars Ltd.(down 0.49%) were among the top losers of the day.

The NSE Nifty50 index ended 152.06 points down at 21995.85, while the 30-share BSE Sensex closed down 454.69 points at 72488.99.

Bharti Airtel Ltd.(up 4.06%), Power Grid Corporation of India Ltd.(up 2.14%), Bajaj Auto Ltd.(up 1.15%), LTIMindtree Ltd.(up 0.74%), Hindalco Industries Ltd.(up 0.65%), Infosys Ltd.(up 0.34%), Larsen & Toubro Ltd.(up 0.22%) and HDFC Life Insurance Company Ltd.(up 0.18%) stood among the top gainers in the Nifty pack.

On the other hand, Apollo Hospitals Enterprise Ltd.(down 4.12%), Titan Company Ltd.(down 3.32%), Nestle India Ltd.(down 3.29%), Coal India Ltd.(down 3.23%), Oil And Natural Gas Corporation Ltd.(down 3.18%), Adani Enterprises Ltd.(down 2.81%), Axis Bank Ltd.(down 2.66%), NTPC Ltd.(down 2.26%), Tata Motors Ltd.(down 2.17%) and Cipla Ltd.(down 2.03%) closed in the red.

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