Stocks related to the Sugar industry traded lower after the government has hiked the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season (SS) 2024-25 at Rs 340 per quintal at sugar recovery rate of 10.25%. This is historic price of sugarcane which is about 8% higher than FRP of sugarcane for current season 2023-24. The revised FRP will be applicable with effective from October 01, 2024.
Bajaj Hindusthan Sugar is currently trading at Rs. 37.35, down by 1.10 points or 2.86 % from its previous closing of Rs. 38.45 on the BSE. The scrip opened at Rs. 38.29 and has touched a high and low of Rs. 38.29 and Rs. 35.71 respectively. So far 4120060 shares were traded on the counter.
Shree Renuka Sugars is currently trading at Rs. 48.96, down by 0.74 points or -1.49 % from its previous closing of Rs. 49.70 on the BSE. The scrip opened at Rs. 49.94 and has touched a high and low of Rs. 50.00 and Rs. 47.90 respectively. So far 1293168 shares were traded on the counter.
Dhampur Sugar Mills is currently trading at Rs. 248.95, down by 1.45 points or 0.58 % from its previous closing of Rs. 250.40 on the BSE. The scrip opened at Rs. 248.55 and has touched a high and low of Rs. 250.85 and Rs. 246.40 respectively. So far 28081 shares were traded on the counter.
Company Name | CMP |
---|---|
Shree Renuka Sugar | 44.95 |
Bajaj Hindusthan Sug | 34.04 |
Triveni Engg. & Inds | 364.35 |
Balrampur Chini Mill | 391.05 |
Dalmia Bharat Sugar | 395.50 |
View more.. |