There you have it. Sugar Stocks are below 2005 lows !! There is little pain left in terms of Rs value not percentage.
Company Under Consideration is
BALRAMPUR CHINI
A market leader. Upcycle in Sugar industry is 100% bound to reflect in its share price. It is also the oldest. Hence experienced management.
Ideal price to buy is Rs.30, low of 2008.
Ambitious target Rs.160;
That is 500% growth. The best part is, it will happen quickly... but only after it starts, till then the investor will have to be patient and keep the faith.