According to the recent research, it seems government is encouraging export of sugar.

Sugar Mills in India Seeking More Exports May Widen Supplies, Lower Prices - Bloomberg

Kind of good news for this sector.

Any thoughts and good sugar stock to PICK?

Agreed that figure shown by shree renuka sugars were really horrible.

But is that enough reason for the stock to trade below 30% in 2 trading sessions?

What's the scenario regarding sugar output in coming days as I heard price rise because of export limit being raised.

Personally I don't hold any sugar stock except andhra sugars which is a way back purchase in my sister's account which never went positive and just enjoying dividend of 5-6 rs per stock every year.