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22-Jan2019

Sugar stocks fall as ISMA lowers 2018-19 sugar output estimate to 30.7 MT

Dhampur Sugar Mills is currently trading at Rs. 172.70, down by 2.20 points or 1.26% from its previous closing of Rs. 174.90 on the BSE. The scrip opened at Rs. 173.45 and has touched a high and low of Rs. 174.30 and Rs. 172.70 respectively. So far 9605 shares were traded on the counter.

Uttam Sugar Mills is currently trading at Rs. 92.70, down by 0.35 points or 0.38% from its previous closing of Rs. 93.05 on the BSE. The scrip opened at Rs. 93.05 and has touched a high and low of Rs. 93.05 and Rs. 92.70 respectively. So far 727 shares were traded on the counter.

Dwarikesh Sugar Industries is currently trading at Rs. 23.85, down by 0.20 points or 0.83% from its previous closing of Rs. 24.05 on the BSE. The scrip opened at Rs. 24.00 and has touched a high and low of Rs. 24.05 and Rs. 23.80 respectively. So far 2341 shares were traded on the counter.

Industry body Indian Sugar Mills Association (ISMA) has revised downward the country's sugar output for the second time to 30.7 million tonne (MT) for the ongoing marketing year 2018-19, owing to a diversion for ethanol making.


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