Sugar Low

Sugar stocks have corrected sharply on fears of increased supply of the commodity. Time to buy?

What goes up comes down. One of the hottest sectors of 2009 was sugar. Between December 2008 and November 2009, the ML Sugar Index rocketed by 187%, while the Sensex was up 75%. Now, sugar shares are being sold off aggressively. From a high of 3,757 in January, the Index has slumped by 33% to...

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    Sterlite aims to capture 45% of the local market and 10% of the global market for optical fibre by FY11-12

    Sterlite Technologies is on a strong upward momentum caused by expectations of a strong March quarter and corporate action of stock split and bonus. Sterlite makes optical fibres, fibre optic cables, copper telecom cables, structured data cables, etc. It also supplies power...

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  • Killer Instinct

    Contract manufacturing and exports will turbo-charge NACL’s growth

    Post-Budget, one of the stocks that would do well is Nagarjuna Agrichem Ltd (NACL). The Budget has, once again, placed emphasis on agriculture which would benefit agrochemicals companies. Besides, after a bad monsoon last year, farm output should revive this year if the monsoon is normal and this again will boost the offtake...

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