Decline in production, El-Nino, and ethanol blending are key triggers for the bullish sentiment.
Market regulator Sebi has imposed a penalty of Rs 25 lakh on Triveni Management Consultancy Services for fraudulent trade in Asian Star Company Ltd (ASCL) stock and failing to comply with norms for stock brokers.
SP Tulsian, sptulsian.com is overall positive on sugar sector for next 3-6 months. In sugar space, EID Parry, Triveni, Dalmia Sugar are looking good.
SP Tulsian, sptulsian.com shares his view on Balrampur Chini and Triveni.
Capital goods, sugar may get astro support next week, says Satish Gupta, astrostocktips.in
Talking about sectors that take such times on the chin, SP Tulsian of sptulsian.com says sugar is one such space that is unlikely to see any fundamental bullishness.