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Sugar Stocks Fall Up To 6%: Bajaj Hindusthan, Dwarikesh Lead Losses

Dalmia Bharat moved lower.

· NDTV Profit

Bajaj Hindusthan Sugar fell 5.79%, leading losses among seven sugar stocks, while Dwarikesh Sugar Industries and Dalmia Bharat Sugar and Industries declined more than 5% each.

Dalmia Bharat reported movement of 6%, 5% and 5.79%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.3% on the day at ₹1,678.70, and has returned -8.0% over three months. It sits 25% below its 52-week high, which means a good deal of bad news was already in the price. The cement & construction sector has moved -14.2% over the same period, so Dalmia Bharat is running 6.2 points ahead of its peers.

For Dalmia Bharat, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.

  • The company directly in focus is DALBHARAT.
  • Sector exposure: Cement & Construction.
  • The immediate tone of coverage reads negative.
DALBHARATCement & Construction