Sugar Stocks Extend Rally As Prices Soar

Sugar Stocks extended gains for the second straight day on Monday after domestic sugar prices touched a multi-year high ahead of the festive season, tracking a global rally in the commodity.  Globally, sugar prices are at a 4-year high following lower than forecast crop in Brazil, the biggest producer of the commodity.  Dalmia Bharat Sugar rallied over 12 per cent today on top of Friday's 4.14 per cent gain while Mawana Sugar surge...