In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
CRISIL Research, India's largest independent and integrated research house, expects the Indian sugar industry's net losses to increase to over Rs.10 billion in Sugar Season (SS) 2012-13 (October to September) due to the widening gap between sugarcane and sugar prices.
In an interview to CNBC-TV18, Vijay Banka, CFO, Dwarikesh Sugar, spoke about the increased state advised price (SAP) for sugarcane procurement to Rs 275-290 a quintal for 2012-13, by the Uttar Pradesh government and how it will affect the overall market price of the sugar.
The Supreme Court has directed private sugar mill owners to pay farmers at the special advisory price fixed by state governments. SP Tulsian of sptulsian.com spoke to CNBC-TV18 about his take on the situation.
Vivek Saraogi, MD, Balrampur Chini in an interview with CNBC-TV18 spoke about the latest happenings in the company and the road ahead.