Dear All,
From last few weeks we have seen that sugar counters are not doing good and there prices are falling like anything.
Few moneycontrol experts who recommending to buy counters in sugar space like Balrampur / bajaj Hing, Shree renuka in first week of April for 3 - 6 months are not standing by there comments and see a bearish trend for long term.
Some who were bearish earlier are seeing value in sugar space.
Now considering this situation and listening to such comments from expert gives a confused state.
It will be helpful if experts on this forum can throw somelight on sugar industry.
What could be the future for counters like balrampur, bajaj hind, dhampur, shree renuka in coming three months.
shall we make new buying positions in current situation and those have invested in first week of april shall exit or keep holding.
Thanks
From last few weeks we have seen that sugar counters are not doing good and there prices are falling like anything.
Few moneycontrol experts who recommending to buy counters in sugar space like Balrampur / bajaj Hing, Shree renuka in first week of April for 3 - 6 months are not standing by there comments and see a bearish trend for long term.
Some who were bearish earlier are seeing value in sugar space.
Now considering this situation and listening to such comments from expert gives a confused state.
It will be helpful if experts on this forum can throw somelight on sugar industry.
What could be the future for counters like balrampur, bajaj hind, dhampur, shree renuka in coming three months.
shall we make new buying positions in current situation and those have invested in first week of april shall exit or keep holding.
Thanks