These FMCG stocks were the top sectoral gainers on September 22

Among FMCG gainers, this sugar company is continuously surging on the bourses with yearly gains of 115 per cent.

A mixed day on D-Street closed with the frontline index the Sensex closing at 59,119.72, down by 0.6 per cent or 337 points, while the Nifty index closed at 17,629.80, down by 0.5 per cent. In the broader market, FMCG stocks gained strength with S&P BSE FMCG up by 1.3 per cent or 215 points at 16,465.88.  

Shree Renuka Sugars, Kokuyo Camlin and LT Foods witnessed positive action in today’s session.  

Shares of Shree Renuka Sugars have been witnessing positive momentum in the last one month taking the yearly returns to 115.18 per cent. At the closing bell, shares of Shree Renuka Sugars India were quoting at Rs 60.25 with a gain of 6.07 per cent. Today, the company informed that India Ratings & Research has reaffirmed the rating of long‐term bank facilities availed by the company and Non‐Convertible Debentures issued by the company at IND A-/Positive. 

Shares of Kokuyo Camlin Ltd zoomed 8.21 per cent in intraday trades with a high and low of Rs 77.10 and Rs 71, respectively and closed at Rs 75.75 with a gain of 6.32 per cent. A joint venture was signed between Camlin Lt and Japanese technology brand Kokuyo. The company is engaged in the manufacture and trade of scholastic products, writing instruments, notebooks and other stationery products. 

Another FMCG stock that rallied was LT Foods, gaining 6.32 per cent in today’s session to close at Rs 115.20. Intraday high and low registered by the shares of LT Food were at Rs 116.10 and Rs 106.50, respectively. Under the brand name ‘Dawat’, LT Foods is a leading rice-based food Company with strong global brands of basmati and other speciality rice, organic foods and rice-based convenience products.