Sugar stocks rally up to 14% as higher prices, tighter supplies improve outlook

Mumbai: Shares of sugar companies extended their recent gains on Wednesday, rising as much as 14% on the BSE as investors bet on stronger industry earnings amid tighter sugar supplies, firm domestic prices and continued diversion of sugar towards ethanol. Bajaj Hindustan, Dwarikesh Sugar Industries and Shree Renuka Sugars gained between 10% and 14% during [...] ChiniMandi