6 sugar stocks jump over 20% in two months. Are they a good bet?

Business Standard – 20 March 2019: As many as six stocks from the sugar sector, including names such as Dhampur Sugar Mills, Avadh Sugar & Energy and Uttam Sugar Mills have climbed over 20 per cent in the last two…

Maharashtra relies on exports to clear sugar glut

Economic Times – 14 March 2019: UP emerged as the top sugar producing state in the country overtaking Maharashtra during the past three years. Pune: Maharashtra’s sugar industry is battling a glut in production and the loss of traditional domestic…

Sugar stocks trade mixed after Cabinet nod for additional funds to sugar mills

Moneycontrol.com – 7 March 2019: Sugar stocks were mixed in trade on Thursday after the Cabinet approved allocation of additional funds to sugar mills. KM Sugar Mills, Sakthi Sugars, EID Parry, Rana Sugars, Andhra Sugar and Shree Renuka Sugars rallied…

Sugar stocks gave over 30 percent return this year

CNBCTV18 – 6 March 2019: Shares of sugar mills rallied on Wednesday after CNBC-TV18 reported that the Cabinet may consider fresh ethanol blending proposal on Thursday, and may discuss up to Rs 15,000 crore soft loans to sugar mills along…

Higher Sugar MSP incrementally positive, but domestic surplus situation remains an overhang: Ind-Ra

Indiainfoline – 25 February 2019: India Ratings and Research (Ind-Ra) believes the recent hike of Rs2 per kilogram (kg) in the minimum support price (MSP) of sugar could generate an additional income of Rs30-35 billion for sugar producers in sugar…

Sugar stocks gain on hopes of improvement in earnings; Dhampur Sugar up 5%

Business Standard – 25 February 2019: Shares of sugar companies were in focus with Balrampur Chini Mills and Dhampur Sugar Mills hitting their respective 52-week highs; gaining up to 7 per cent on hopes of improvement in earnings. Avadh Sugar,…

Sugar stocks jump up to 10% on news of output cut

Economic Times – 19 February 2019, NEW DELHI: Most sugar stocks were trading with gains in Tuesday’s session amid reports of a drop in sugar output in India.As per a Bloomberg report, sugar output in India may drop to a…

Share market update: Sugar stocks surge after government hikes sugar MSP

Economic Times – 15 February 2019, NEW DELHI: Shares of most sugar producing companies were trading with gains in Friday’s session after the government on Thursday hiked the minimum selling price (MSP) of sugar by Rs 2 per kg to…

Sugar stocks to do well for next 2-3 quarters: Dipan Mehta

Economic Times – 6 February 2019: At least for next two, three quarters, sugarNSE 2.68 % industry may do exceedingly well. But if you are a new entrant, wait for dips, Dipan Mehta, Founder Director, Elixir Equities Pvt Ltd, tells…

Sugar stocks sparkle on global cues, ethanol loan

Dalal Street Investment Journal – 8 January 2019: Sugar stocks were buzzing in Tuesday’s trade as the price of sugar in the commodity market spiked up on the back of supply constraints globally, and with the government announcing soft loans…