Shares in India’s sugar sector rise again in early trading, with multiple companies jumping sharply. Shree Renuka Sugars and Bajaj Hindusthan Sugar are among the biggest movers, each gaining as much as 12% during the session. Other sugar-related stocks also climb, indicating broad buying interest across the segment.
Alongside these top gainers, Balrampur Chini Mills Ltd. and E.I.D Parry (India) Ltd. also advance strongly, with intraday gains reported at over 3% and around 3% respectively, based on quoted price levels. The moves are notable relative to the overall market, as the benchmark Nifty index is described as barely higher, up about 0.12%. Both reports describe the same pattern of a sector-led rally rather than a broad market breakout, with the emphasis on large percentage gains in individual sugar companies.
Overall, the outlets agree on the direction of the move and the main percentage increases, while focusing on different subsets of the same group of rising sugar stocks.
