Why Sugar Stocks Growing Suddenly after three Year of downfall
Why Sugar Stock Growing Suddenly after 3 Year of downfall:
All Sugar industry stock grow 5 to 20% in single day which record momentum in single day (14 September 2018) despite all stocks are under perform from last 3 year
show why should this happen suddenly,?
Its because of India stock market is fully on uncertainty condition because of election fear change in government, falling Indian rupee, and Global trade war situation,
So investor have problem to decide the best industry, and with all that sudden Government of India increase Ethanol price to grow ethanol industries which beneficial for India farmer and and sugar mills industries. which take sudden momentum in sugar industry and grow more than 5 to 20%