Indian sugar stocks fall after government reduces stock holding limits
BUZZ-Indian sugar stocks fall after government reduces stock holding limits ** Shares of Indian sugar producers fall as India government reduces sugar stock holding limits for dealers to 2,000 quintals, from 4,000 quintals earlier, effective from September 15 until November 30
** Triveni Engineering and Industries TREI.NS leads the pack; shares 5.5% lower
** Shree Renuka Sugars SRES.NS down 2.9%, Dhampur Sugar Mills DAMS.NS falls 3.1% and Balrampur Chini Mills BACH.NS loses 3.7%
** Bannari Amman Sugars BANN.NS down 2.1%, Bajaj Hindusthan Sugar BJHN.NS down 3% and Avadh Sugar & Energy AVAD.NS falls 4.2%
(Reporting by Mridula Kumar in Bengaluru)
Recent news on Shree Renuka Sugars
See all newsIndian sugar stocks drop as government halts sugar diversion for ethanol
India sugar stocks slide as government halts sugar diversion to ethanol (updated)
India sugar stocks slide as government halts sugarcane-based ethanol diversion
India asks sugar mills to keep festival supplies adequate, prices stable (updated)
India asks sugar mills to ensure adequate supplies during festivals, keep prices 'reasonable'