Sugar stocks Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 11%. Here are 2 triggers

Sugar stocks rose sharply on Monday as domestic sugar prices climbed above Rs 50 per kg amid tight inventories and supply concerns. Festive demand, adverse weather in key producing regions and Brazil’s shift towards ethanol are adding to worries over availability. The government has also tightened stockholding limits to curb hoarding.

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