Shree Renuka Sugars, Uttam Sugar Mills, Dalmia Bharat Sugar, Ugar Sugar Works, Dhampur Sugar Mills, Magadh Sugar & Energy, and Dwarikesh Sugar were up in the range of 6-12 per cent.
Earlier in March, the government announced a soft loan of Rs 12,900 crore for sugar mills to create ethanol capacity.
Charges will be reimbursed to mills at Rs 29 per kg of sugar price, as opposed to the all-India average cost of production of Rs 35-36 a kg
Triveni Engineering, Dwarikesh Sugar, Balrampur Chini, Kesar Enterprises, Magadh Sugar and Simbhaoli Sugars were trading down in the range of 5% to 8% on the BSE at 02:27 pm.
Prices are stable now and are expected to remain so in the coming festival season, the minister said