Research And Views Archives

Sugar sector: Bitter sweet times
(Sector Info)

Mar 4, 2009

The sugar sector which was in doldrums over the last two years has been gaining limelight in the last couple of months due to reversal in the sugar cycle and hike in prices. In this article we have a look at what is in store for the sector going forward.

Sugar sector: Bitter-sweet outlook
(Sector Info)

Jul 23, 2008

With the sugar-crushing season nearly coming to an end, in this article we given an update on the recent happenings and our outlook on the sugar sector.

Sugar Sector: Turning sweet – II
(Sector Info)

Apr 28, 2008

In the last article, we had given a perspective on the recent demand supply scenario and the happenings in India in the sugar sector. In this article, we shall provide more highlights on the sector.

Sugar: The current scenario
(Sector Info)

Mar 29, 2007

In the last six months, depressed domestic sugar prices led by domestic surplus and the inability of producers to export the surplus have turned the tables upside down for the sugar sector. The sugar companies have been hampered by a slew of poor performances over the last couple of quarters. In this article, we shall take a look at the scenario currently prevailing in the domestic sugar market as well as the exports scenario.

Identifying a sugar stock: Do's and Don'ts
(Sector Info)

Mar 8, 2007

In Views on News, Equitymaster has tried to highlight here some factors one should keep in mind before investing in an Sugar company. Know more

Sugar: Bitter times!
(Sector Info)

Dec 21, 2006

The sugar sector has been one of the biggest underperformers in last four months and while bull- run has gripped most of the other sectors, a wave of the opposite kind has been flowing across the sugar sector. An unclear view on sugar export, expected surplus of sugar and falling domestic and international prices seem to be the major culprits here.

Sugar: Sweetness left?
(Sector Info)

Oct 4, 2006

The sugar sector has been in the news in the last two months for all the wrong reasons. Expectations of bumper production have resulted in declining realisations. Sugar prices in the world market are depressed even in the absence of Indian exports. Further, there is also a ban on sugar exports. To add to this, there is the ethanol controversy. In this write-up, we take a look at the changed aspects of the sugar sector and their impact.

Ethanol: A global perspective
(Sector Info)

Sep 28, 2006

Ethanol has gained importance as a fuel across the globe. Brazil was the first country to evolve this fuel out of sugarcane in the late 1970s. Ethanol production and use is expected to rise strongly and going forward, it will go along with an ever wider geographical spread. Ten years ago, there were only a handful of countries producing ethanol. The largest was Brazil, where ethanol is produced from molasses and sugar cane juice. The US produces mostly corn alcohol and in France, sugar beets are

Ethanol: The next big thing?
(Sector Info)

Sep 19, 2006

In recent times, there have been talks about the ethanol blending policy of the Indian Government. The government had introduced this policy in December 2002, stipulating a blending ratio of 5% in nine states and union territories. This increased the scope for the ethanol industry in the country. But due to some roadblocks on the pricing and supply between distilleries and oil refining companies, the 5% blending was discontinued in 2003. However, the program again took off in August 2005, when t

Sugar: What's so sweet?
(Sector Focus)

Aug 20, 2004

The 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?
(Sector Info)

Jul 16, 2004

Sugar 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
(Sector Info)

Jul 2, 2004

A 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.

New clothes for the textile industry
(Company Info)

May 10, 2000

The de-reservation of the textile sector and the decontrol of the sugar industry are a few of the measures proposed by a special group comprising Ratan Tata and Nusli Wadia. The group was set up to suggest ways to revive traditional industries including textiles, sugar, oilseeds and tea.

EID Parry's core businesses struggle
(Company Info)

May 9, 2000

Other income accounted for almost 35% of EID Parry's pre–tax profits in the current year. This is what has helped the company to report a 14% growth in the bottomline.

Balrampur Chini posts decline in net
(Company Info)

Feb 2, 2000

Balrampur Chini Mills Limited has posted a 33% decline in net profits during the quarter ended 31st December 1999. The company has suffered a sharp operating margins. Furthermore, the rise in interest and depreciation expenditures have exerted a downward pressure on the bottomline.

Transport Corporation net up 21%
(Company Info)

Jan 31, 2000

Transport Corporation of India reported a net of Rs 20.6 m for the 3QFY2000. Its net sales went up 13% over this period and other income 274%

Other Income boosts PAT at Trent
(Company Info)

Jan 27, 2000

Trent Limited has posted a 16.4% growth in net during the quarter ended 31st December 1999. The company has benefited from a surge in other income even as operating margins were negative. The rise in interest and depreciation expenditure also took its toll on profitability.