India's sugar cos rise on government plan to hike prices

E I D-Parry (India)

27/09/2024 09:01

* India's sugar companies jump between 6.5% and 10.2%
    * Food minister on Thursday said that India is considering
raising domestic prices of ethanol and sugar
    * Shree Renuka Sugars  SRES.NS , Balrampur Chini Mills
 BACH.NS , Bajaj Hindusthan Sugar  BJHN.NS , EID Parry
(India) EIDP.NS  rose 10.2%, 6.5%, 8.3%, and 3.6%, respectively
    * YTD SRES up ~12%, while BACH, BJHN, and EIDP gained ~58%,
~55%, and ~54%, respectively

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))