Friday, November 20, 2009

Amrit Banaspati rises 20%

The stock gained 20 per cent upper limit of circuit filter closed at an all-time high of Rs 92.85 on hopes that the government might re-impose custom duty on edible oils.

The food price index was up 14.55 per cent for the week ended November 7 according to official figures released on Thursday. The poor South West monsoon and floods in South India and Maharashtra in early October caused heavy damage to agriculture including oilseeds crop.

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