Your Way To Earn
Stock Market Indian
Welcome to the Indian Stock Market
Posted date - 19 May 2008
Not current - Next Year's Hot sector
Why the sugar sector will be in great demand in next year?
1.The most important reason is this year Low sugar cane yield.
Sugar cane output may drop 10% this year.
2.Government has made 10% ethanol blending mandatory in petrol
from Oct 2008. Sugar cane molasses is used to produce ethanol
so there will be high demand for sugar molasses.
3.Liquor producers are already facing the heat of increase in price of
sugar molasses due to shortage and this shortage is expected to
increase in next year as the sugar molasses will also be heavily
required to blend in ethanol.
4. Most of the sugar stocks are almost 40 to 50% down from there
high levels.
Returns
Expect 50 to 80% in next 12 to 24 months - varies from company to company based on there strategies.
Sugar Sector
Stocks to Buy
| Name of Company |
CMP |
| Shree Renuka Sugars Ltd |
135.45 |
| Triveni Engineering & Industries Ltd |
126 |
| Balrampur Chini Mills Ltd |
100.2 |
| Bajaj Hindustan Ltd |
234.05 |
| Dhampur Sugar Mills Ltd |
59.95 |
| Sakthi Sugars Ltd |
82.95 |
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but StockMarketIndian.com does not warrant or guarantee their accuracy or date.
Copyright © 2007 StockMarketIndian.com All Rights Reserved
