Wednesday 15 June 2016

Ugar Sugar Works up 76% in 8 Days keep eyes on Rajshree, Dhampur



When i first wrote on 3rd June 2016 about Ugar Sugar Works Ltd. The stock was trading at a price of 33 and after that corrected to levels of around 30 with constant selling by Renuka Sugar which held 50 lac shares.

Now today it has moved to 58+. That's almost 80% rally in few days.

As the sugar prices continue to go up internationally or hold stable, The sector theme is playing out well.

With the market gung ho on the entire sector I feel it will now be good to take a look at stocks which have not moved much such as Dhampur Sugar (CMP 120) and Rajshree Sugar (CMP 70).


12 comments:

  1. sir,can i still buy K M Sugar mills

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  2. Sir who told Rajshree dint move
    You urself in your KM sugar article stated that Rajshree moved from 10 to 50!

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    Replies
    1. In the last few days i am talking about

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    2. good afternoon.
      for UGAR your target is 110.whats your target on dhampur.
      if one have to buy sugar stocks tommorow which 03 stocks 1 should buy.thanks
      Regards

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    3. pl do reply.when dhampur gonna run and what target one can expect in 6-9 months.thanks
      Regards

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    4. Dhampur is an elephant, Will take time but will go up with proven facts like reported results not before that.

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    5. thanks ace .
      lets wait for elephant rampage..eagearly awaiting Q1 results hope for EPS above 10 in Q1..!!
      but most important Ques..till when sugar party will continue..??when you expect it to peak out..my estimate next august2017.
      Regards

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  3. Dear Sir... In this scenario is it good to Hold KM Sugar for long run ??

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  4. How is Ravalgaon Sugar Farm?

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  5. whats your view on Thiru Arooran Sugar??

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  6. Excellent!! Every suggested scrip moved up.

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  7. Nice blog, will share it with my friends.Thanks for haring the blog with us.

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