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Sugar stocks trade sweet on decontrol hopes

12 Mar 2013 Evaluate

Shares of sugar manufacturer are trading sweet in otherwise subdued market in morning trades on report that the government is likely to consider a proposal on sugar decontrol this week

Balrampur Chini Mills is currently trading at Rs. 49.20, up by 0.20 points or 0.41% from its previous closing of Rs. 49.00 on the BSE. The scrip opened at Rs. 50.35 and has touched a high and low of Rs. 50.35 and Rs. 49.05 respectively. So far 166231 shares were traded on the counter.

Bajaj Hindusthan is currently trading at Rs. 22.90, up by 0.45 points or 2.00% from its previous closing of Rs. 22.45 on the BSE. The scrip opened at Rs. 22.55 and has touched a high and low of Rs. 23.55 and Rs. 22.55 respectively. So far 796594 shares were traded on the counter.

Sakthi Sugars  is currently trading at Rs. 24.00, up by 1.20 points or 5.26% from its previous closing of Rs. 22.80 on the BSE. The scrip opened at Rs. 22.90 and has touched a high and low of Rs. 24.75 and Rs. 22.85 respectively. So far 35595 shares were traded on the counter.

Dhampur Sugar Mills is currently trading at Rs. 51.55, up by 1.95 points or 3.93% from its previous closing of Rs. 49.60 on the BSE. The scrip opened at Rs. 52.00 and has touched a high and low of Rs. 52.40 and Rs. 50.00 respectively. So far 36411 shares were traded on the counter.

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