i got Upper Ganges Sugar Ltd @ 400 and i have 250 shares of the same. The current market price is Rs.92/- what do you think i should do - should i hold on with some hope or else book loss and invest the same money in some better stock? Please suggest ASAP
RE:what is the future for sugar stocks?
by rohit shukla on Feb 05, 2007 05:05 PM Permalink
Well..The difference b/w ur buy price(400)and 92 is very large so I would suggest you hold on to it.And the speculations suggest that Sugar industry will rise after the budget so be patient and hope that you atleast don't incur loss.
