We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Scope of Appreciation in Sugar Stocks Post Deregulation

It is a bold move by govt of India to partially deregulate the sugar stocks and now we see a lot of potential in sugar stocks in forthcoming year to year and a half as these stocks can appreciate by 30-40 percent in this time frame. This move implies that the Centre will no longer force mills to sell sugar to the Government at a discount and won’t limit the amount that they can sell in the open market resulting in improved cash flows of millers.

The likely stocks which can gain from the policy decision are Balrampur Chini, Bajaj Hindusthan, EID Parry, Dharani Sugars and Chemicals, Andhra Sugar and Renuka Sugars.

Likely targets for stocks in near term can be as appended below:

  • Balrampur Chini Mills for a price target of Rs 65
  • Triveni Engineering for a price target of Rs 23
  • KCP Sugar with a price target of Rs 30
  • Dharani Sugars for a price target of Rs 45
  • Dhampur Sugars for a price target of Rs 70.

Do remember to visit us for daily Jackpot tip to multiply your profit.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9