We expect earnings trajectory to improve in the coming quarters led by improved margins driven by moderating cost inflation. In our opinion, market returns are likely to be in line with corporate earnings growth.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20