InvestorQ : Why did sugar stocks rally so hard on Thursday, the 21st of July?
rhea Babu made post

Why did sugar stocks rally so hard on Thursday, the 21st of July?

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shrinidhi Rajan answered.
4 weeks ago
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THis rally has been true of most sugar stocks across the board. Key sugar stocks like Balrampur Chini, Triveni Engineering, Avadh Sugars, Dalmia Bharat, Uttam Sugar, Dwarikesh Sugar and Renuka were up between 3% and 9% on the day of the report. Sugar stocks have been rank underperformers in the last 3 months so this rally gives some respite to sugar stock investors. Long term visibility of the sugar business is still intact.

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