India is one of the largest producers of sugarcane and second largest producer of sugar after Cuba. In just 60 years India’s sugarcane output has increased from 110 million tonnes to 405 million tonnes.
Most of the investors find easy to in invest in sugar companies of India , as India is second largest producer of sugar .
According to international sugar organization India is the second most dominating country in terms of sugar export.
The question lie here should we invest in sugar companies of India ?
My answer is yes,
Because there are many companies that are increasing their graphs. Companies like Avadh sugar and Bajaj Hindustan sugar are making plenty of money.
Top 3 sugar companies that you should invest in :
As mentioned earlier Avadh sugar is enjoying its profit. Recently from the reports and analysis, their profits are increasing with their expenses and their net growth is increasing with their employees.
Currently the share price in retail market is around 500 rupees and is continuously increasing from the past 6 months. For fundamentals I would give them 4 out of 10 and for earnings I would give them 8.5 out of 10.
Rest up to you.
Currently the share price of Bajaj Hindustan sugar limited is around 30 rupees which is a decent amount for investing now. After 2 years or so it might reach two zeros. Furthermore, the share price is increasing from the past four to five months they are also in trends like Avadh sugar and energy limited.
Coming back to the cons I would give them 3.5 out of 10 for fundamentals and 8.5 out of 10 for their profits and growth.
Last but Hero of our list , this share is a golden chance for safe investors. I would give 9 out of 10 for fundamental, graphs have gradual ups and downs so you have plenty much of time to book your profit and a lot of time for long-term investment.
Currently the price is about 340 to 360. But Sooner Or Later it would reach three zeros.
That’s pretty much of it , I end my text here. Thank you.
- M.K Gupta