Explained: Why Balrampur Chini, Dhampur Sugar, Dalmia Bharat & other sugar stocks are up 12% in 2 days
Sugar stocks rallied for a second session on Friday as domestic sugar prices climbed 8-10% over the past month to a seven-year high. Rising global prices, supply concerns in Brazil and Thailand, higher ethanol demand and expectations of tighter Indian exports have strengthened the outlook for sugar producers.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.
