You are here: Home » Opinion » Financial X-Ray
Business Standard

Best may be behind for sugar stocks

UP-based sugar producers better placed to continue with a stronger balance sheet on declining debt

Ujjval Jauhari  |  New Delhi 

The government, in order to maintain the availability of sugar and keep prices under check, has again extended the stock-holding limit by six months. A few days ago, it had resorted to allowing duty-free imports, which will keep sugar prices in check. These measures suggest that a further upside in sugar prices from here on may be limited, and hence the major part of the rally in share prices of sugar companies is behind. The uptrend in sugar prices on the back of tightening supplies has so far been the key reason for the strong rally in the share prices of sugar companies. The ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Key stories on business-standard.com are available to premium subscribers only.

LOGIN

EMAIL / USER NAME
PASSWORD
REMEMBER ME Forgot password?

Not a member yet ? Resister Now

Connect using any below

  • Don't lose the opportunity of saving $26.77 per month
  • Don't lose the opportunity of saving $26.77 per month
Total Amount
Rs. 0.00
To proceed, kindly select a subscription package

WHAT YOU GET

On Business Standard Digital

  • Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.
  • Access to exclusive content, features, opinions and comment, hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get all the news upates at the end of each day through E-Mail.
  • Pick the industry that you want to track. And get a daily news letter specific to that industry. Cut out the clutter.
  • And stay on top of your investments. Track stock prices in your portfolio
  • Access 18 years of archival data

On Digital

  • Seamless access to WSJ.com with your Business Standard digital account.
  • Experience the best of the Journal's reporting, video and interactive features.
  • Read about the people and events shaping business, finance, technology, politics, technology and culture.
  • Stay informed with newsletters - an easy way to get WSJ content straight to your inbox - making life easier on your busiest days.
  • More business executives read the Journal globally than any other publication.
*Note :
Our Partners are proud to be associated with this initiative and will contribute Rs 100 x 6 months thereafter, standard rate of Rs 149 will be charged.
Offer valid for Indian residents only
Requires you to share personal information like PAN, Date of Birth, and Income.
*Annual saving on WSJ subscription price of US$ 347.88 (12 months @ US$ 28.99 per month)
* 1US$ = 67.50 INR.
*Please note that this offer is not valid if you are/were a registered/existing user on WSJ Digital
RECOMMENDED FOR YOU

Best may be behind for sugar stocks

UP-based sugar producers better placed to continue with a stronger balance sheet on declining debt

UP-based sugar producers better placed to continue with a stronger balance sheet on declining debt The government, in order to maintain the availability of sugar and keep prices under check, has again extended the stock-holding limit by six months. A few days ago, it had resorted to allowing duty-free imports, which will keep sugar prices in check. These measures suggest that a further upside in sugar prices from here on may be limited, and hence the major part of the rally in share prices of sugar companies is behind. The uptrend in sugar prices on the back of tightening supplies has so far been the key reason for the strong rally in the share prices of sugar companies. The ... image
Business Standard
177 22

Best may be behind for sugar stocks

UP-based sugar producers better placed to continue with a stronger balance sheet on declining debt

The government, in order to maintain the availability of sugar and keep prices under check, has again extended the stock-holding limit by six months. A few days ago, it had resorted to allowing duty-free imports, which will keep sugar prices in check. These measures suggest that a further upside in sugar prices from here on may be limited, and hence the major part of the rally in share prices of sugar companies is behind. The uptrend in sugar prices on the back of tightening supplies has so far been the key reason for the strong rally in the share prices of sugar companies. The ...

image
Business Standard
177 22