Sweet bets: Why these 3 sugar stocks look promising

Benchmark indices are hitting new highs, but sugar stocks have been on the sidelines and with reason. “There is a lot of uncertainty about the export subsidy in 2020-21, because government finances are at a difficult level,” says Khushbu Lakhotia, Associate Director, India Ratings & Research. The government keeping the subsidies of 2019-20 pending is another problem. While companies are showing it as receivables, it is putting pressure on