Sweetness extends for these sugar stocks emerging as the biggest gainers

Shree Renuka Sugars and Dhampur Sugar Mills are among the biggest gainers in BSE ‘A’ Group.

The S&P BSE Sensex wiped most of the opening gains and settled at the 59,719.74 level, up by 578.51 points or 1 per cent. Nifty 50 closed at 17,816.25, up by 194 points or 1.1 per cent.     

Healthcare, Consumer Durables and Auto lead the gainers in today’s session as almost all sectors ended in green. BSE 500 closed for the day with a gain of 1.1 per cent at 24,653.70 

 Shree Renuka Sugars zoomed 14.74 per cent in today’s session to emerge as the biggest gainer in the 'A' Group. The stock logged an intraday high as well as a low of Rs 57.75 and Rs 49.50, respectively, and closed at Rs 56.75. The company has recently announced that the expanded capacity for ethanol production from 720 KLPD to 1250 KLPD, is expected to go on stream by December 2022. 

  Dhampur Sugar Mills logged a gain of 6.58 per cent over its previous close at the day's end. In today’s session, the stock logged an intraday high as well as a low of Rs 235 and Rs 220.05, respectively, and closed at Rs 234.10.