Dhampur Sugar Mills Ltd.

NSE: DHAMPURSUG | BSE: 500119 | ISIN: INE041A01016 | Industry: Sugar
| Value Trap
125.2400 -1.58 (-1.25%)
NSE Mar 20, 2025 13:59 PM
Volume: 164.0K
 

125.24
-1.25%
Sweet spot in a choppy market: Sugar companies gain on sales limits

Sugar companies aregaining today in  otherwise choppy market, with share prices of sugar firms including Dhampur Sugar and Dwarikesh Sugar trading higher after the government announced a limit on the amount of sugar that mills can sell in the market during February and March The government is hoping to prevent a glut of sugar from entering the market, which would trigger a drop in prices.

Wholesale prices are already up post announcement - at the Vashi wholesale market, prices were up Rs 15-20 a quintal, while naka rates gained Rs 40-50. 

 

Dhampur Sugar Mills Ltd. has lost -41.31% in the last 6 Months
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