The stock prices of the major sugar companies have not been impacted much by the recent government’s decision to restrict sugar exports beyond October 31, presumably because the decision was largely anticipated by the investors.

The stock prices of Triveni Engineering and Industries rose by 1.61% to Rs 387.97 on Friday against Rs 381.8 on October 6. However, shares of Balampur Chini, Shree Renuka Sugar and Dhampur Sugar, declined by 1.77%, 2.69% and 4.72% respectively in the last fortnight.

The Indian Sugar Mills Association (ISMA) had earlier indicated a possible fall in output because of scanty rains in Maharashtra and Karnataka in August have likely hit yield.

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