Sugar stocks today, Aug. 31 -- Shares of sugar companies like Balrampur Chini, Shree Renuka Sugars, Mawana Sugars witnessed a sharp rally up to 11% in Monday's trading session.

Balrampur Chini Mills emerged as the top gainer among the stocks, climbing 10%, touching an intraday high of Rs.738 per share. Meanwhile, Shree Renuka Sugars and Dalmia Bharat Sugar and Industries gained 5.44% and 2.29% respectively. Triveni Engineering & Industries and Mawana Sugars shares also advanced up to 4% on 31 August.

The rally in sugar stocks has been driven by a sharp rise in domestic and global sugar prices, boosting realisations for sugar mills. The outlook for the sector has also improved amid expectations of lower production, strong festive-season ...