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Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?
Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?

Trending stock below Rs 100: This multibagger sugar stock jumped 900 per cent in past three years! Do you own it?

The stock has registered a strong price volume breakout as it soared another 4 per cent to hit an all-time high level of Rs 68.65 on NSE

Rohit Kale Article rating: 4.0

The main driver for the sugar stocks has been the government’s increased push towards ethanol blending in fuel. Ethanol is the by-product of sugar and the government plans to blend 20 per cent ethanol with the fuel.  

 

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