Select stocks of sugar companies edged higher as the government raised sugarcane floor price by 3.6 per cent. The Union Cabinet has approved raising the price that sugar mills should pay for sugarcane in the next season beginning October 1, to Rs 285 per 100 kg, up from Rs 275 a year earlier
Bajaj Hindusthan Sugar is currently trading at Rs. 5.99, up by 0.03 points or 0.50% from its previous closing of Rs. 5.96 on the BSE. The scrip opened at Rs. 5.90 and has touched a high and low of Rs. 6.05 and Rs. 5.84 respectively.
Shree Renuka Sugars is currently trading at Rs. 9.81, up by 0.07 points or 0.72% from its previous closing of Rs. 9.74 on the BSE. The scrip opened at Rs. 9.74 and has touched a high and low of Rs. 10.06 and Rs. 9.70 respectively.
Rana Sugars is currently trading at Rs. 8.27, up by 0.39 points or 4.95% from its previous closing of Rs. 7.88 on the BSE. The scrip opened at Rs. 7.90 and has touched a high and low of Rs. 8.27 and Rs. 7.70 respectively.
