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Why sugar stocks are in a sweet spot today

Sugar stocks: The week that was in 10 stocks: Sugar stocks zoomed up to 35%, Venky s soared 28%

Venky s (India): The domestic poultry firm is the global leader of specific pathogen free (SPF) eggs, which are used for vaccines. The demand for these eggs has gone up recently. The counter surged 28 per cent during the week to Rs 3,424.35 on Friday. Indian Overseas Bank, Central Bank of India: According to media reports, the two PSU lenders have been shortlisted for privatisation. It is expected that the government will bring amendments in the Banking Regulation Act for divestment of state-owned banks. Indian Overseas Bank soared 26 per cent to Rs 24.85, whereas Central Bank of India jumped 23 per cent to Rs 24.8. HFCL: The company is among the 25 telecom gear makers that have applied under the Rs 12,195 crore production-linked incentive scheme for the sector. The stock surged 23 per cent during the week to Rs 64.7.

Sugar stocks: Smallcap investor Anil Goel having his day in the sun after 330% sugar rush

His biggest holding Dhampur Sugar, where he has kept his stake constant since the June quarter of 2020, has climbed 21 per cent in the past one month, 71 per cent in the last three months and 174 per cent in the last one year.

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