We have done correlation analysis of rainfall with sector sales and the only sector where rainfall tends to affect sales volumes is two wheelers. It does not tend to matter too much for cement, four wheelers, tractors and so on. But for two wheelers, we have historically seen an impact of lower rainfall on sector sales.
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