Like Balrampur Chini, EID Parry: Niraj Dalal

Niraj Dalal, Independent Market Expert told CNBC-TV18, "I have been bullish on sugar stocks for a while and I will add to them at a level that I am comfortable with. The two or three stocks that I really like are Balrampur Chini and EID Parry. These are the two stocks which I am very comfortable buying. I think Blarampur Chini clearly will be a beneficiary of the Uttar Pradesh policy depending on what comes out of there." "About six months back or as far as about three to four months back, all these sugar stocks were priced to bankruptcy. Most of them were not even looked at, not even spoken about and then we had the nice rally in sugar prices and then suddenly the sector starts looking nice. We are still at the inception of what might be a very good period for sugar stocks. So, I will look at these two stocks at levels that I am comfortable with and I am hoping for good rewards over the next 12-24 months," he said.