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Sugar stocks Bajaj Hindusthan Sugar, Balrampur Chini, others rally up to 8% after govt tightens stock limits
Sugar stocks rallied up to 8% after the government tightened inventory limits for dealers amid record-high sugar prices. Bajaj Hindusthan Sugar led gains, while Balrampur Chini and other stocks also advanced. Concerns over domestic and Brazilian supply, rising festive-season demand and a possible cut in import duties have further supported prices.
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thehindubusinessline.com
India cuts sugar stock limit to 15 days as prices hit record high
India has cut sugar stockholding limits to 15 days from September 1 as prices hit record highs amid tighter supplies and rising festival-season demand.
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economictimes.indiatimes.com
India tightens sugar stock limits to tame record prices
India has ordered dealers to hold sugar inventories for only fifteen days. This new rule takes effect from September first until November thirtieth. The government aims to bolster…
