Drop in sugar company shares! For the first time in 10 years, duty-free import of sugar was allowed, causing much commotion
Sugar Stocks : Shares of sugar companies fell sharply in early trade on August 21. The government has approved duty-free import of one million metric tonnes of raw sugar ahead of the festive season to boost domestic supply and bring down record high prices. Dalmia Bharat Sugar led the decline, down 5.47% to Rs 480.30, … Read more