 Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage A Kashmiri worker walks down from the sacks of sugar inside a government godown in Srinagar September 14, 2012. Credit: Reuters/Fayaz Kabli/Files MUMBAI | MUMBAI (Reuters) - Shares of India's sugar producers, including Shree Renuka Sugars Ltd (SRES.NS), surged on Friday after the government took steps to remove curbs on domestic sugar supplies. India will no longer force mills to sell sugar to the government at a discount and will not limit the amount they can sell in the open market, Food Minister K.V. Thomas said on Thursday. Shree Renuka shares jumped 6.8 percent as of 9:25 a.m. Bajaj Hindusthan Ltd (BJHN.NS) was up 7.8 percent, while Balrampur Chini Mills Ltd (BACH.NS) was up 7.2 percent. (Reporting by Rafael Nam; Editing by Bijoy Koyitty)
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Thursday, 4 April 2013
Sugar producers surge after government removes curbs - Reuters India
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