Sweetness extends for these sugar stocks as they rally on the bourses

These sugar stocks will announce their Q2FY23 results on consecutive days next week.

The S&P BSE Sensex closed at 61,069.82, up by 323 points or 1 per cent. Nifty 50 closed at 18,145.40, up by 133 points or 0.7 per cent.       

       Healthcare, Power and Metal led the gainers in today’s session as almost all sectors ended in green, barring the banking stocks. BSE 500 closed for the day with a gain of 0.6 per cent at 24,728.07.   

  Shree Renuka Sugars, Balrampur Chini Mills and Dalmia Bharat Sugar and Industries are among the biggest gainers in the BSE ‘A’ Group.  

  Shree Renuka Sugars zoomed 8.51 per cent in today’s session to emerge as the biggest gainer in the 'A' Group. The stock logged an intra-day high as well as a low of Rs 58.70 and Rs 54, respectively and closed at Rs 58.65. The company’s board meeting is scheduled for November 10, to consider and approve its quarterly performance.  

  Balrampur Chini Mills logged a gain of 4.75 per cent over its previous close at the day's end. In today’s session, the stock logged an intra-day high as well as a low of Rs 332.30 and Rs 313.30, respectively and closed at Rs 331. The sugar mill company is scheduled to announce its financial results for Q2FY23 on November 09.  

  Dalmia Bharat Sugar and Industries logged a gain of 3.74 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 330 and Rs 315.60, respectively and closed at Rs 328.50. The company’s board will meet on November 08 to consider and approve its quarterly performance.