6 sugar stocks jump over 20% in two months. Are they a good bet?

As many as six stocks from the sugar sector, including names such as Dhampur Sugar Mills, Avadh Sugar & Energy and Uttam Sugar Mills have climbed over 20 per cent in the last two months, thanks to an array of government initiatives to boost the sector. 

Earlier in March, the government announced a soft loan of Rs 12,900 crore for sugar mills to create ethanol capacity. In addition, the government said a separate soft loan of Rs 2,600 crore will be provided to molasses-based standalone distilleries to augment capacity and set up new units. A soft loan is a loan