Stock market update: Sugar stocks up as market rises

Mar 18, 2024
stock-market-update:-sugar-stocks-up-as-market-rises

NEW DELHI: Sugar shares closed higher in the Monday’s session.

Simbhaoli Sugars Ltd.(up 6.66%), Bannari Amman Sugars Ltd.(up 2.67%), Ponni Sugars(Erode)Ltd.(up 2.42%), Triveni Engineering & Industries Ltd.(up 2.38%), Sakthi Sugars Ltd.(up 2.30%), KM Sugar Mills Ltd.(up 2.06%), Bajaj Hindusthan Sugar Ltd.(up 1.20%), DCM Shriram Industries Ltd.(up 0.92%), Dalmia Bharat Sugar and Industries Ltd.(up 0.88%) and KCP Sugar & Industries Corporation Ltd.(up 0.84%) stood among the top gainers.

Uttam Sugar Mills Ltd.(down 2.15%), Magadh Sugar & Energy Ltd.(down 1.67%), Avadh Sugar & Energy Ltd.(down 1.53%), Mawana Sugars Ltd.(down 1.20%), Rajshree Sugars & Chemicals Ltd.(down 1.00%), Rana Sugars Ltd.(down 0.71%), Kothari Sugars & Chemicals Ltd.(down 0.58%), Ugar Sugar Works Ltd.(down 0.57%), Vishwaraj Sugar Industries Ltd.(down 0.32%) and Shree Renuka Sugars Ltd.(down 0.24%) were among the top losers of the day.

The NSE Nifty50 index ended 32.36 points up at 22055.7, while the 30-share BSE Sensex closed up 104.99 points at 72748.42.

Tata Steel Ltd.(up 5.65%), Mahindra & Mahindra Ltd.(up 3.15%), JSW Steel Ltd.(up 3.05%), Tata Motors Ltd.(up 2.82%), Apollo Hospitals Enterprise Ltd.(up 2.57%), Bajaj Auto Ltd.(up 2.05%), Coal India Ltd.(up 1.59%), Reliance Industries Ltd.(up 1.5%), Sun Pharmaceutical Industries Ltd.(up 1.49%) and Axis Bank Ltd.(up 1.43%) stood among the top gainers in the Nifty pack.

On the other hand, Tata Consumer Products Ltd.(down 2.08%), Infosys Ltd.(down 1.92%), UPL Ltd.(down 1.92%), Tata Consultancy Services Ltd.(down 1.59%), Titan Company Ltd.(down 1.48%), Wipro Ltd.(down 1.32%), Adani Ports & Special Economic Zone Ltd.(down 1.28%), Eicher Motors Ltd.(down 1.23%), Hindustan Unilever Ltd.(down 1.2%) and Nestle India Ltd.(down 0.9%) closed in the red.

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