| Date: |
21-09-2011 |
| Subject: |
Sugar Stocks Smile On Hope Govt Will Permit Further Exports |
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Shipments of more than 500,000 metric tons in one tranche may be allowed by the government.
The shares of India sugar mills rose early today after Farm Minister Sharad Pawar was quoted as saying that the government plans to announce a sugar exports policy by Oct. 15.
According to reports, shipments of more than 500,000 metric tons in one tranche may be allowed by the government.
Bajaj Hindusthan went up as much as 1.8% to Rs. 49.95, Balrampur Chini Mills Ltd. rose as much as 0.7% to Rs. 50.5, while Shree Renuka Sugars Ltd. advanced as much as 0.8% to Rs. 60.55.
Source : indiainfoline.com
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