Balrampur Chini’s results were very good. Q4 will be even better taking the annual EPS to 31-32 levels. Hopefully they will come with buyback again next year which can take the stock back to 500 levels!! ( Disclaimer – Please note this is not a recommendation to invest.)
Next year all sugar companies will do better due to restoration of ethanol. FY 25 will see sugar as one of the better performing sectors. Risk-return is quite favourable at current prices.
| Subscribe To Our Free Newsletter |
