Bombay Burmah, Balrampur Chini, Dhampur Sugar Share Price Jumps
Balrampur Chini and Dhampur Sugar share prices were trading firm in early trade as research house DAM Cap started coverage of sugar companies. The stock prices of sugar companies witnessed a decline couple of days earlier as Indian government asked them to share sales data. Sugar stocks depend heavily on government policies and the sector has been trading strong in the recent quarters. Balrampur Chini share price was up by nearly 5 percent. The stock touched 52-week high of Rs 441.90 in today’s trade.
Dhampur Sugar touched 52-week high of Rs 299.50 in today’s trade. The stock was trading at Rs 293 (up by 4.3 percent) at the time of writing of this report.
Bombay Burmah stock was in focus today. The counter touched 52-week high of Rs 1375 during the session. At time of writing of this report, it had cooled down to Rs 1282 (up by 6.2 percent).
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