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Q.

Indian sugar industry had recorded excellent performance. Why the share prices are falling?

About: Money

Tags: food, money, real estate
Asked by kothapalli reddy, 11 Mar '10 06:50 pm
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Answers (4)

1.

Sugar prices have hit a seven month low internationaly which has stolen the momentum in sugar
Answered by shesh choudhary, 11 Mar '10 08:35 pm

 
  
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2.

By the grace of our agr-min the rate of sugar had touched new highs (of course there was a vested interest). Now after his 'chelas' have earned a lot the rate has come down. This will result in lesser profit and hence the share price is sliding down.
Rajesh Pareek
Answered by rajesh pareek, 11 Mar '10 08:24 pm

 
  
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3.

The story in sugar stocks is over. Sugar prices has fallen in the last 15 days and as such there is no reason for stock price to go up. Wait for another move by our agriculture minister before the price go up again.
Answered by JOY, 11 Mar '10 07:00 pm

 
  
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4.

As it is listed in government subsidy list...!
Answered by indianajohns, 11 Mar '10 06:52 pm

 
  
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