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Wednesday, August 31, 2016

Dalmia Bharat Sugar gains momentum

Dalmia-Bharat-Sugar
This morning of 31st August saw Dalmia Bharat Sugar share price saw a steep rise by 7%. The stock opened with a rise of 7 points at Rs.104.60 as compared to its previous closing at Rs.104.30. The stock touched the days high and low at Rs. 112.80 and Rs. 104.60. As of now, approximately 4 lacs shares are traded in the counter with a traded value of Rs. 470.03 lacs, as per NSE.
Dalmia Bharat share price jumped almost 7% on Wednesday, trading at a rise of 7 points at Rs. 111.35 emphasises on world class systems, that is the reason they produce sugar of high quality which has gained wide acceptance in markets in U.P. & eastern India and institutional buyers including Pepsi, Coke, Britannia, Bharati Wal-Mart, Parle etc. who have stringent quality norms. Sugar sector possess immense potential in supplying food & energy security for the country which is going to be one of the chief developmental prerequisites in next 5-10 years. Under the leadership of Mr. Puneet Dalmia, Promoter Dalmia Bharat Group, that their sugar business has consistently been performing beyond expectations.
Dalmia Bharat Sugar is identified by Dynamic Levels as the top 500 performing stocks for this quarter amongst the 1700 shares listed on NSE owing to their strong fundamentals. The 52 week high value of the stock is seen at Rs. 168.00 on 2nd Aug ‘16 while the 52 week low value is observed at Rs. 21.40 on 9th Sep ‘15. The company has a market cap amounting to Rs. 844.20 crores. On the other hand the lifetime high of the stock stands at Rs. 580 on 2nd Jan ‘08 while the lifetime low is recorded at Rs. 11.60 on 10th Feb ‘10.
Currently, Dalmia Bharat Sugar share price is trading at Rs. 111.35. In order to acquire lastest information about the stock, refer to Dalmia Bharat Sugar share price history.

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