Piccadily Agro Industries shares surged over 12% after announcing the commencement of commercial production at its new Chhattisgarh unit, which has a capacity of 200 KLPD. This expansion is expected to bolster the company's manufacturing capabilities in its distillery and sugar segments. The company produces various spirits and ethanol. The stock reached an intra-day high of 639.35 on the BSE, outperforming the Sensex.