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 steel manufacturer, Tata Steel Ltd said its fourth quarter loss narrowed on lower costs and a smaller charge on impairment of assets. Full Article