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Ugar Sugar Works Ltd News
Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%
The stellar performance of sugar stocks began in 2021, and is likely to continue in the new year - 2023, indicates the technical charts.
 "Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%")
Sugar stocks sweeten in weak market on hopes of higher export limit
Rajshree Sugars, Ugar Sugar Works, Simbhaoli Sugars, Sakthi Sugars and Bajaj Hindustan have zoomed in the range of 10 per cent to 19 per cent in intra-day trades so far.
 "Sugar stocks sweeten in weak market on hopes of higher export limit")
Export quota hike may trigger up to 33% rally in these 3 sugar stocks
Among individual stocks, Shree Renuka Sugars, Ugar Sugar and EID Parry have zoomed up to 169 per cent so far in 2022. Charts indicate further upside for these select stocks.
 "Export quota hike may trigger up to 33% rally in these 3 sugar stocks")
Ugar Sugars soars 12% on heavy volumes; stock spikes 165% in a year
The stock of sweetener hit a six month high and quoted at its highest level since April 2022
Sugar shares trade higher in a weak market; Shree Renuka hits 11-year high
ICRA expects operating margins for sugar firms to remain in the range of 13.0 - 13.5 per cen in FY23 (in line with FY22 levels) supported by elevated sugar realizations as well as ethanol realizations
 "Sugar shares trade higher in a weak market; Shree Renuka hits 11-year high")
