Summary
Sugar stocks, including Balrampur Chini and Dhampur Sugar, rallied up to 4% as retail sugar prices surged from Rs 48.18 per kg to Rs 55.70 per kg due to increased demand during the festive season and global supply worries from Brazil, EU, UK, and Thailand. The government has intervened by mandating bulk sugar users to hold no more than 15 days of their normal requirement to manage prices.
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