Sugar stocks have witnessed a spike in early trade on December 10.
The shares of Rajshree Sugars and Shree Renuka Sugars hit the upper circuit of 5 per cent today.
Bajaj Hindustan and Sakthi Sugars were also hovering up by 2 to 3 per cent. Gayatri Sugars was also at the upper circuit limit.
Since the last month, the sugar stocks are rallying due to various factors. On December 9, stocks like Balrampur Chini, Dalmia Bharat and Triveni Engg had gained as much as 10 per cent in trade.