
🍬 Sweet & Sour: 10 Sugar Stocks Beat Nifty with Up to 77% Gains, While 18 Dip as Much as 36%
📉📈 Bitter-Sweet Ride for Sugar Stocks! Here’s the 1-Year Scorecard 🍬📊
🔹 Sector vs Nifty:
– Nifty returned 9% in the past year
– Sugar sector? Avg return -3% ❌
🔹 Outperformers (10 stocks beat Nifty)
✅ Bannari Amman Sugars: +77% 🚀
✅ EID Parry (India): +54% 🔥
✅ Prudential Sugar Corp: +49%
✅ Others with 10–47% gains:
– Balrampur Chini Mills
– Indian Sucrose
– Triveni Engineering
– Dalmia Bharat Sugar
– Ravalgaon Sugar
– Magadh Sugar
– KCP Sugar
🔸 Mild Movers:
– Uttam Sugar, Mawana Sugars & Avadh Sugar posted modest returns of up to 5%
🔻 Majority Underperformed:
– Out of 31 stocks (price ₹20+), only 13 closed in green
– 18 stocks declined up to 36% 😓
📌 Key Drivers:
– Lower sugar output expectations 🍬
– Govt push for ethanol blending ⛽
– Still, not all stocks are worth the hype 🧐