Sugaronline India Report – Indian sugar industry: The stock market party continues despite multiple downside risks

Defying all logic, India’s financial markets continue to reward equities investors in the country’s sugar companies. Thus, despite making losses in the Jan-March quarter, one of the major sugar producers, Shree Renuka Sugar saw its share price rise 300% in the last two months. However, it is not alone. Dwarikesh Sugar Industries has delivered an