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Sugar Stocks Rally Up To 18% As Piyush Goyal To Hold Meet; May Announce Sops
In an otherwise weak market, sugar stocks hog the limelight as the sector may see sops being announced by Piyush Goyal who is reported to hold meeting with stakeholders today.
| Stock | Gain % |
|---|---|
| EID Parry | 5 |
| Triveni | 6 |
| KCP Sugar | 18 |
| Uttam Sugar | 13 |
| Avadh Sugar | 13 |
| Dalmia | 6 |
| Dwarikesh | 5 |
| Dhampur | 5 |
| Balrampur | 6 |
The results of sugar companies for the just ended September quarter on account of cost reduction steps as well as better realization. Operating cash flow increased substantially. Also, a month ago, the CCEA increase ethanol prices.
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