Buy Shree Renuka Sugars: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "From sugar space Shree Renuka Sugars is the only stock that deserves attention. At current levels, for a short-term trader there is a buying opportunity. Just keep a stoploss and then one could consider going long. I would avoid other sugar stocks."

At 14:13 hrs Shree Renuka Sugars was quoting at Rs 19.70, up Rs 0.65, or 3.41 percent. It has touched an intraday high of Rs 19.70 and an intraday low of Rs 19.10. The share touched its 52-week high Rs 35.90 and 52-week low Rs 14.50 on 10 December, 2012 and 28 August, 2013, respectively. Currently, it is trading 45.13 percent below its 52-week high and 35.86 percent above its 52-week low. Market capitalisation stands at Rs 1,322.50 crore. Disclosure: No personal interest in the stock discussed.