 "Stocks of sugar manufacturers gain on hopes of easing curbs")
Shares in sugar manufacturers gained on hopes the government will remove a requirement that they sell a portion of their sugar output to the government at reduced prices, while also easing some of the restrictions on the sector.
[caption id=“attachment_685914” align=“alignleft” width=“380”] The federal cabinet may discuss lifting some curbs on the tightly regulated sector soon. Reuters[/caption]
The federal cabinet may discuss lifting some curbs on the tightly regulated sector soon, months after the prime minister’s economic adviser recommended easing restrictions to help stabilise output, dealers say.
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Bajaj Hindusthan gained 0.50 percent, Shree Renuka Sugars was up 1.50 percent, while Balrampur Chini Mills rose 0.43 percent.
Reuters
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