Hi Nayadalal,
Sugar stocks are most probably going to bottom-out soon. Most of the sugar stocks are trading around their 52-week lows. Based on their poor results in Jul-Sep qtr results, when production falls due to rainy season, they have corrected to these lows. But, the next two qtrs are good for sugar production. Therefore, in most likelihood, their stock prices are going to bounce back from these lows.
I have already recommended Balrampur Chini for long-term. In the short-term, Sakthi Sugar is looking good for buying at around 80-82 levels...