Sugar Sector
PM sets up panel for reforming sugar industry
Submitted by Neha Malik on Sat, 01/28/2012 - 22:46.
Indian Prime Minister Manmohan Singh has constituted a new panel under the leadership of the former RBI governor C Rangarajan to recommend the ways to reform the sugar industry in India.
C Rangarajan, who has also worked as the chairman of Prime Minister's Economic Advisory Council, will prepare recommendations on policy changes for deregulation of the industry sector that is still under tight government control.
Predictions on Sugar Production
Submitted by Harish Dhawan on Thu, 09/22/2011 - 13:36.
Due to approaching festive season in India, the Government has increased the cap of sugar stock that can be held by the traders. The Government has issued the order so as to avoid the shortage of sugar and inflation in sugar prices.
With increase in the output of sugarcane the country is planning to increase the export limit in October. The increase in the production of sugar has risen for the second year. The price of the raw sugar was recorded at a fall of
2.75%.
Buy Balrampur Chini With Stop Loss Of Rs 64
Submitted by Neeta Aurora on Tue, 03/08/2011 - 14:16.
Technical analyst Anand Kuchelan of Fudiciary Euromax Capital Markets has maintained 'buy' rating on Infrastructure Balrampur Chini Mills Limited stock with targets of Rs 75 and 80.
According to analyst, the investors can buy the stock with a stop loss of Rs 64.
The stock of the company, on March 07, closed at Rs 68.60 on the Bombay Stock Exchange (BSE).
Current EPS is -0.62.
The share price has seen a 52-week high of Rs 114 and a low of Rs 66 on BSE.
Hold Shree Renuka Sugars With Stop Loss Of Rs 66
Submitted by Shalini Kakkad on Thu, 03/03/2011 - 16:09.
Technical analyst Kunal Saraogi has maintained 'hold' rating on Shree Renuka Sugars Limited stock with a stop loss of Rs 66.
According to analyst, the investors can exit on rally to around Rs 80-82.
The stock of the company, on March 01, closed at Rs 164.70 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 108.15 and a low of Rs 53 on BSE.
Sell Shree Renuka Sugars With Stop Loss Of Rs 80.50
Submitted by Shilpa Mahapatre on Mon, 02/21/2011 - 15:27.
Technical analyst Mitesh Thacker has maintained 'sell' rating on Shree Renuka Sugars Limited stock with targets of Rs 73 and 69.
According to analyst, the stock can be sold below 77.25 with stop loss of Rs 80.50.
Today, the stock of the company opened at Rs 78.45 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 108.15 and a low of Rs 53 on BSE.
Buy Bajaj Hindustan For Target Of Rs 134
Submitted by Neeta Aurora on Wed, 12/29/2010 - 17:32.
Technical analyst Amit Gupta of ICICI Securities has maintained 'buy' rating on Bajaj Hindustan Limited stock with targets of Rs 125 and 134.
The analyst said that the stock can be purchased on dips of 1-2%.
The stock of the company, on December 28, closed at Rs 118.85 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 242.90 and a low of Rs 100.25 on BSE.
Current EPS & P/E ratio stood at 2.71 and 44.18 respectively.
Buy Balrampur Chini With Target Of Rs 95
Submitted by Shalini Kakkad on Wed, 12/29/2010 - 14:51.
Technical analyst Jatinder Sharma has maintained 'buy' rating on Balrampur Chini Limited stock with a target of Rs 95.
According to analyst, the stock can be purchased with a stop loss of Rs 88.
The stock of the company, on December 28, closed at Rs 88.35 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 145.90 and a low of Rs 67.10 on BSE.
Current EPS & P/E ratio stood at 1.42 and 63.43 respectively.
Buy Shree Renuka Sugars With Target Of Rs 102
Submitted by Neeta Aurora on Wed, 12/22/2010 - 16:27.
Technical analyst Pankaj Jain of Satguru Capital has maintained 'buy' rating on Shree Renuka Sugars Limited stock with a target of Rs 102.
The analyst said that the stock can be purchased with a stop loss of Rs 91.
The stock of the bank, on December 15, closed at Rs 155.55 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.
Current EPS & P/E ratio stood at 13.06 and 12.16 respectively.
Short Term Buy Call For Shree Renuka Sugars
Submitted by Sumeet Kak on Fri, 12/10/2010 - 16:52.
Technical analyst Mitesh Thacker has maintained 'hold' rating on Shree Renuka Sugars Limited with a target of Rs 91.
The analyst said that the stock has strong support at Rs 75.
Today, the stock of the company opened at Rs 76.40 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.
Buy Shree Renuka Sugars With Stop Loss Of Rs 90
Submitted by Sumeet Kak on Tue, 11/16/2010 - 16:19.
Stock market analyst Nishant Jain of Tradeswift Broking has maintained buy rating on Shree Renuka Sugars Limited stock with a 1-2 day target of Rs 98.
Mr. Jain said that the stock can be purchased with a stop loss of Rs 90.
The stock of the company, on November 15, closed at Rs 143 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.
Shree Renuka Sugars Ltd registered an increase of 15.5% in its consolidated net profit, which stood at Rs 116.9 crore for the three month period ended on September, 30, 2010.
Buy Triveni Engg With Stop Loss Of Rs 124
Submitted by Sukant Sharma on Tue, 11/09/2010 - 15:30.
Stock market analyst Kunal Saraogi has maintained 'buy' rating on Triveni Engineering & Industries Limited stock to achieve a target of Rs 139.
According to analyst, the interested investors can buy the stock with strict stop loss of Rs 124.
The stock of the company, on Nov 08, closed at Rs 127 on the Bombay Stock Exchange (BSE).
Current EPS & P/E ratio stood at 4.41 and 29.34 respectively.
The share price has seen a 52-week high of Rs 143.50 and a low of Rs 86 on BSE.
Intraday Buy Call For Shree Renuka Sugars
Submitted by Malini Ranade on Mon, 11/08/2010 - 14:40.
Technical analyst Anu Jain is bullish on Shree Renuka Sugars Ltd and has recommended 'buy' rating on the stock with a target of Rs 104 in its latest research report.
According to Jain, the interested investors can buy the stock with a stop loss of Rs 95.50.
The stock of the company, on Nov 05, closed at Rs 97.30 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.
According to latest reports, Shree Renuka Sugars Ltd would announce its quarterly outcomes on November 15.
Ban lifted from Sugar futures
Submitted by Ashok Rao on Fri, 10/01/2010 - 20:22.
The commodity market regulator's decision to, lift the ban from the sugar futures in the country paving the way for trading. It is to be mentioned here that the market watchers take the recently announced decision as an important step towards lifting all government controls over the industry.
BC Khatua, chairman of (FMC), said that the authority has now allowed the lapse of ban of the sugar futures trading and a decision on launching new contracts will now be taken in a span of the next 2-3 days.
Intraday Buy Call For Bajaj Hindustan
Submitted by Sukant Sharma on Fri, 10/01/2010 - 14:34.
Stock market analyst Ramesh Arora has maintained 'buy' rating on Bajaj Hindustan Limited stock to achieve an intraday target of Rs 138.
According to analyst, the investors can purchase the stock with stop loss of Rs 130.
Today, the stock of the company opened at Rs 132.70 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 242.90 and a low of Rs 101.05 on BSE.
Current EPS & P/E ratio stood at 8.96 and 14.94 respectively.
Govt. likely to cut mills’ obligation on low-cost sugar issues
Submitted by Keshav Seth on Thu, 09/30/2010 - 20:50.
According a major announcement made the Farm minister recently, it has been learned that the country is looking at allowing the sugar exports after the festive season in the month of November.
Triveni Engineering, Bullish trend
Submitted by Hina Deshpande on Tue, 09/28/2010 - 20:59.
Sugar stocks lifted up athwart the panel on information a significant overseas brokerage has improved its vision on the Indian sugar business to appealing from heedful.
Triveni Engineering & Industries which is up by 4.70%, EID Parry (India) trailing up by 2.94%, Bajaj Hindusthan Sugar and Industries moving up by 2.35%, Bajaj Hindusthan elevating at 2.01%), Simbhaoli Sugars Mills with uptrend by 1.90% and DCM Shriram Industries up by 1.06%, inclination.
Buy Shree Renuka Sugars With Stop Loss Of Rs 78
Submitted by Neeta Aurora on Tue, 09/28/2010 - 15:32.Stock market analyst Ketan Karkhanis of ICICI Securities has maintained 'buy' rating on Shree Renuka Sugars Ltd stock to achieve a target of Rs 96.
According to analyst, the interested investors can buy the stock with a strict stop loss of Rs 78.
The stock of the company, on Sep 27, closed at Rs 85.40 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.
Buy Balrampur Chini With A Target Of Rs 91.50
Submitted by Malini Ranade on Mon, 09/27/2010 - 15:59.
Stock market analyst Sudarshan Sukhani has maintained 'buy' rating on Balrampur Chini Mills Limited stock with a target of Rs 91.10.
According to analyst, the interested investors can buy the stock with stop loss of Rs 85.70.
The stock of the company, on Sep 24, closed at Rs 46.55 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 167.30 and a low of Rs 67.10 on BSE.
Current EPS & P/E ratio stood at 6.09 and 15.07 respectively.
Buy Shree Renuka Sugars With Target Of Rs 84
Submitted by Malini Ranade on Tue, 09/07/2010 - 16:50.Stock market analyst Ashwani Gujral has maintained 'buy' rating on Shree Renuka Sugars Ltd stock with a target of Rs 84.
The strict stop loss for the stock is Rs 62.
Today, the stock of the company opened at Rs 70.50 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 123.60 and a low of Rs 53 on BSE.
Shree Renuka Sugars, on Sep 06, declared that it has altered the name of its Brazillan arm Equipav S. A. Acucar e Alcool (Equipav).
Buy Bajaj Hindustan With Stop Loss Of Rs 112
Submitted by Sukant Sharma on Wed, 09/01/2010 - 17:59.Stock market analyst Sudarshan Sukhani has maintained 'buy' rating on Bajaj Hindustan Ltd stock to achieve an intraday target of Rs 117.
According to analyst, the interested investors can buy the stock with strict stop loss of Rs 112.
The stock of the company, on August 31, closed at Rs 113.95 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 242.90 and a low of Rs 101.05 on BSE.
Current EPS & P/E ratio stood at 8.96 and 12.91 respectively.
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