The stock of Triveni Engineering appears to be now well-engineered to head towards Rs 150 zone. And the reasons are aplenty - rise in Nett profit by 175% in its latest announced results. Other hint is by the result of Balrampur Chini in UP itself, which has gone up by about 290%, the result of Shree Renuka Sugar, which has appreciated its Nett profit by about 250%. And the profitable journey continues. This co is ideally located in the sugar producing heart of EAST-northen UP, and the market is readily available in the metropolis cities itself, amid demand-supply gap that is going to be firm. Apart from this, the sugar Farmers` imbroglio has now been solved, for the better rate than expected. It will all benefit this well-diversified and engineered sugar-giant and one can see its share price zoom past Rs 150 level, in about 2 months time. Accumulate this stock at every decline, if any.
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Yes sir. This scrip is going to be strong , no doiubt. Even the Dubai crisis has nothing to do with this. Whether after the Dubai crisis, sugar commodity`s price has come down in the global market ? No, it has not and will not. The demand -supply gap is there to continue due to climatic factors in both India and Brazil, the world`s 2 largest sugar producing countries. It will be only benefitting the cos like Triveni Engg. The commodity like sugar, is of daily usage and one can`t do anything without it, except Diabetic patients, that`s too with limitations. One can safely invest MORE in this co, on declines, if any. It will yield good returns, in just 3 months time.
| NIFTY 
