June 23, 2014 / 5:28 AM / 3 years ago

Sugar refiners gain on hopes of government aid

A worker shifts a sack of sugar at a godown inside a sugar factory at Sanyan village in Gujarat April 23, 2012.Amit Dave/Files

Reuters Market Eye - Shares of sugar refiners gain after a report that Food Minister Ram Vilas Paswan has called a second high-level meeting on Monday to discuss ways to bail out the ailing sugar industry.

Bajaj Hindusthan Ltd (BJHN.NS) gains 3 percent, Dhampur Sugar Mills Ltd (DAMS.NS) higher 2.1 percent, Shree Renuka Sugars Ltd (SRES.NS) up 3.2 percent, and Balrampur Chini Mills Ltd (BACH.NS) rises 3.8 percent.

Reporting by Abhishek Vishnoi

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