MUMBAI 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 (SRES.NS), a private sector integrated sugar producer, rose 4.4 percent. Bajaj Hindusthan (BJHN.NS) added 3.8 percent, while Balrampur Chini Mills (BACH.NS) advanced 4.1 percent.
(Reporting by Mumbai Markets Team)
Trending On Reuters
India's biggest automaker by revenue reported a drop in quarterly net profit due to a spike in costs despite steady sales of its luxury Jaguar Land Rover unit and an increase in demand for its cars in its home market. Full Article
Shake-up in key Samsung assets to cement heir's grip as succession looms Full Article