Systematix retains positive stance on sugar sector

The brokerage house has given a buy rating on Balrampur Chini with a target price of Rs 501 a share, Triveni Engineering (target price Rs 421 a share), Dwarikesh Sugars (target price Rs 96 a share) and Praj Industries (target price of Rs 607 a share).

The brokerage expects more cane to be diverted to ethanol, potentially increasing FY25 ethanol volume estimates. Additionally, a positive monsoon forecast could boost sugarcane cultivation.

Moneycontrol News

first published: Jun 10, 2024 01:21 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

Systematix retains positive stance on sugar sector

The brokerage house has given a buy rating on Balrampur Chini with a target price of Rs 501 a share, Triveni Engineering (target price Rs 421 a share), Dwarikesh Sugars (target price Rs 96 a share) and Praj Industries (target price of Rs 607 a share).

News

Features

Tools

Specials

Network 18 Sites

Personal Finance

Quick Links