No sugar company can do well if red rot has hit the region.
First it was Balrampur in East UP – only when the cylce of changing the cane variety which took 2 years they could come out of it. Central UP was hit after that and companies like Dhampur Bio were affected.
Now West UP has been affected, Triveni, Dhampur Sugar and the like will face significant drop in recovery… Triveni other businesses will do well but Sugar is on the decline for 2 years.
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