Sugar Export has been suddenly increased in the last few days & Government made an agreement to export 10 lakh ton sugar to China. With this contract, China has become the biggest Sugar buyer. Sugar manufacturing companies like Triveni Engineering, Bajaj Hindustan and Balrampur Chini are moving up in high zone with the respective leads of 2.81%, 4.53% and 0.81%. There are big possibilities to have another agreement of 10 lakh ton sugar. Expert advice to invest in these stocks as the prices will hike up in near future.
Bharat Heavy Electricals may receive a project for the production of 1320 megawatt Electricity from Bangladesh till the end of the February.
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