Avadh Sugar & Energy surged 10%. Uttam Sugar Mills, Dalmia Bharat, Shree Renuka Sugar, and Dhampur Sugar Mills rose between 5% and 6%. Balr...

Balrampur Chini Mills gained 12%, Avadh Sugar gained 10% & Shree Renuka ended up 5%.

The government’s focus on opening up farms despite the lockdown has led to demand for seeds, fertilisers and pesticides.

Ethanol is an active ingredient in the production of hand sanitisers and is manufactured by sugar mills in India.

There is ample government control through the minimum support price/release mechanism.

The action in the domestic stock market has become stock-specific with shares of several midcaps with strong Q3 numbers rallying beyond ana...