@Aarti Is it fair to consider replacement cost of 1000 TCD capacity to be around 5crore rupees, and can replacement cost be a fair metric to value these?
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with increase in ethanol price likely to be announced as crude has reached USD and exchange rate crossed 86 ethanol can go up by Rs. 5 per litre. ethanol will also save forex.
also increase in MSP for sugar expected shortly. sugar sector should bounce back from here.
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UP may increase SAP and the yields are expected to be less. It is going to be volatile for some ore time. Disclosre: invested in sgar stocks. Views Biased
