Govt extends ban on sugar exports beyond Oct 31
Sugar stocks show mixed reactions; govt also permits export of non-basmati white rice to 7 countries
Sugar stocks show mixed reactions; govt also permits export of non-basmati white rice to 7 countries
Shares of Sakthi Sugars, Dhampur Sugar Mills, Mawana Sugars, Balrampur Chini, Shree Renuka, Bajaj Hindusthan, and EID Parry rallied up to 20% intraday today.
The country earned foreign currency worth ₹40,000 crore through the sugar exports.
Raw, refined and white sugar placed under the "restricted" category; move aimed to maintain domestic availability and price stability.