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Sugar: What's so sweet?
Aug 20, 2004The best performers during the 1QFY05 were not tech, banking or auto stocks sectors, but textile, steel and sugar. Backed by strong demand led hike in prices, the silver metal stocks enjoyed robust profits during the quarter, while textile stocks witnessed a jump in prices on account of the nearing of the WTO quota deadline. While the two sectors have an international event to back up high growth, what led to a rise in sugar stocks?
Sugar: 'Power' for real?
Jul 16, 2004Sugar stocks have been hogging the limelight over the past couple of months. The activity further intensified post-budget, as the government's agricultural focus is also likely to benefit the industry. Although, the sugar industry did not witness anything in particular during the budget, the presence of the agricultural minister (from the sugar belt) has led to favourable sentiment among the investors. However, lately there have been some noises that sugar companies could probably add to the pow
Sugar: An overview
Jul 2, 2004A large part (nearly 65%) of the Indian populace is dependent on the agrarian sector for employment as well as survival. The sector contributes nearly 23% to the country’s GDP. Given this backdrop, in this article, we take a look at the Indian sugar industry that plays a major role as far as growth in agricultural sector is concerned.
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