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Balrampur Chini, other sugar stocks rally up to 18% as oil prices soar. Here’s why

Indian sugar stocks rallied up to 18% after Strait of Hormuz disruptions lifted crude prices, raising expectations that Brazil will divert more cane to ethanol over sugar. Tighter global supply outlook and firmer sugar prices fueled sharp gains across sector counters.

Source :- Markets-Economic Times Read More

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