India, Jan. 1 -- During Thursday's trading session, shares of a company operating primarily in two strategic business segments: Distillery and Sugar, surged nearly 14 percent on BSE, after the company announced the commencement of production at its Chhattisgarh distillery unit.

At 12:37 p.m., shares of Piccadily Agro Industries Limited were trading in the green at Rs. 636 on BSE, up by more than 12 percent, compared to its previous closing price of Rs. 565.85, with a market cap of Rs. 6,224 crores.

The stock has delivered negative returns of around 33 percent in one year, but has gained by more than 4 percent in the last one month.

What's the News: According to the latest disclosures filed with the stock exchanges, Piccadily Agro Indus...