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Sugar Stocks Rally Up To 18% As Piyush Goyal To Hold Meet; May Announce Sops
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In an otherwise weak market, sugar stocks hog the limelight as the sector may see sops being announced by Piyush Goyal who is reported to hold meeting with stakeholders today.
| Stock | Gain % |
|---|---|
| EID Parry | 5 |
| Triveni | 6 |
| KCP Sugar | 18 |
| Uttam Sugar | 13 |
| Avadh Sugar | 13 |
| Dalmia | 6 |
| Dwarikesh | 5 |
| Dhampur | 5 |
| Balrampur | 6 |
The results of sugar companies for the just ended September quarter on account of cost reduction steps as well as better realization. Operating cash flow increased substantially. Also, a month ago, the CCEA increase ethanol prices.
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