One of the major factors resulting in the underperformance of this heavyweight stock has been the imposition of windfall gains tax on domestically produced crude oil and on fuel exports by the government in July.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20