Indian stock markets witnessed highest volatility in past 3-4 months especially from March 2020. It crashed almost 35% from February all time highs. Then showed some recovery of lost ground in April. Again saw roller coaster ride and now trading modestly.
There are some good quality promising names to be watched and picked. Some mid cap names are fantastic stocks and some large caps are evergreen.
We provide advisory on which stocks to be bought at what levels to the investors. We charge INR 500/- ( USD 7 approx. ) to share the details of hidden gems 💎 as per our research. We also provide exit levels.
If interested, do let me know. Happy investing!
Here is an analysis of one of the gem sugar stock. Sugar sector in India is dependent on government policies on MSP. Minimum support price. MSP will increase as per inflation index since sugar cane growers must get income in line with inflation adjustments. However sugar consumption pattern in India I broadly categorised in 2 parts. First one is rising consumption due to population base and diet habits , festive consumption etc. second part is linked to rising income levels for Indians. Ethanol blending is another dimension to sugar sector.
I am recommending Dhampur Sugar in this sector as multibagger stock. Currently it is traded at around 130 and I expect it to see 240 in 18-24 months. It’s a large capacity company with good history, sound promoters and promising performance year on year.
Good monsoon will be a positive factor for all sugar stocks. With Brazil sugar production not increasing and sugar prices having bottomed out , huge rally is on the cards for sugar stocks.
Keep tracking Dhampur Sugar and happy investing