The exporters of the beverage consequently foresee a 10 per cent or more drop in shipments in the current fiscal after a growth of 18 per cent in 2022. The tea industry is also apprehensive about the quantity they will be able to produce in the current fiscal due to the unfavourable weather conditions.
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