US-Iran war: Balrampur Chini, Shree Renuka Sugars to Triveni Engg – Is it the right time to buy sugar stocks?
US-Iran war: Amid the ongoing US-Iran war, sugar stocks have remained in focus as rising crude oil prices make Indian sugar companies more attractive, given the government’s push for ethanol blending. On Friday, sugar stocks declined by as much as 5%, with Avadh Sugar & Energy and Balrampur Chini Mills emerging as the top laggards….