1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Andhara sugar 590062

Discussion in 'Investment Analysis' started by ravalhimanshu, Jan 5, 2020.

  1. ravalhimanshu

    ravalhimanshu New Member

    Joined:
    Jul 18, 2018
    Messages:
    7
    Likes Received:
    4
    nirajshah likes this.
  2. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    Sugar stocks are never for long-term. You should invest when there is up cycle and double the money and get out of them.

    If you are entering too late, you can be trapped.

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
    ravalhimanshu likes this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Don't play the sugar sector if you are not sure how to play it. PE of 2 to 3 wasn't very early.
     
    nirajshah and ravalhimanshu like this.