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Wednesday, March 23, 2011

Sugar stocks trade higher on allowing exports to the tune of 5 lakh tonnes


Sugar companies stocks continued their upward journey for yet another session after the government decided to allow sugar exports to the tune of 5 lakh tonnes.
Shree Renuka Sugars is currently trading at Rs 73.80, up by 1.60 points or 2.22% from its previous closing of Rs 72.20 on the BSE. The scrip opened at Rs 73.50 and has touched a high and low of Rs 74.85 and Rs 73.10 respectively. So far 6,12,298 shares were traded on the counter.
Balrampur Chini Mills is currently trading at Rs 72.70, up by 1.15 points or 1.61% from its previous closing of Rs 71.55 on the BSE. The scrip opened at Rs 72.50 and has touched a high and low of Rs 73.75 and Rs 72.50 respectively. So far 1,11,039 shares were traded on the counter.
Bajaj Hindusthan is currently trading at Rs 72.05, up by 1.60 points or 2.27% from its previous closing of Rs. 70.45 on the BSE. The scrip opened at Rs 70.65 and has touched a high and low of Rs 73.15 and Rs 70.65 respectively. So far 2,46,555 shares were traded on the counter.
Rana Sugars is currently trading at Rs 6.06, up by 0.16 points or 2.71% from its previous closing of Rs 5.90 on the BSE. The scrip opened at Rs 6.11 and has touched a high and low of Rs 6.17 and Rs 6.05 respectively. So far 1,29,663 shares were traded on the counter.

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