Stocks of edible oil manufacturers zoomed in early trade today after Indonesia, the world's largest exporter of palm oil, announced a ban on its export from April 28. The ban on palm oil exports by Indonesia will push the prices of edible oils higher, which have already been on the boil due to the ongoing Russia-Ukraine war.
Of total 165 stocks that hit 52-week highs, top 46 were at record highs, including Adani Power and Sunflag Iron & Steel, which were the only stocks from 'A' group