Sugar stocks displayed a remarkable upswing in consecutive trading sessions, with the majority of them reaching new 52-week highs on the bourses today.

Unarguably, Samvat 2078 will go down in history as one of the most volatile years in the history of D-Street. During Samvat 2078, we saw investors going frenzy over tech stocks and the IPO boom, followed by the Russian-Ukraine war, multi-decade-high global inflation, and the fastest rate hike by US Fed in recent memory. 

Around 3 pm on Monday, its shares surged more than 6.5 per cent to Rs 53.90 on NSE.