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Exit Uttam Sugar Mills
Ashish Kapoor, CEO of Investshoppe is of the view that one should switch from Uttam Sugar Mills and go into either Bajaj Hindustan or DCM Shriram Industries.
Kapoor told CNBC-TV18, "Sugar as a sector has a great outlook but it is better to be with one of the better players. One should switch from Uttam Sugar and go into either Bajaj Hindustan or DCM Shriram Industries consolidated or look at one of the South based sugar companies like Sakthi Sugar , Andhra Sugar or KCP Sugar ."
Disclosure: We recommendate Exide, Pratibha Industries, Uttam Sugars and a couple of sugar stocks which I mentioned while discussing. So lot of our clients and associates would be having a position in them.