Due to crash of sugar prices in international markets, all the Indian sugar stocks are terribly down.
Mawana Sugars is down by more than 50% from its peak of Rs 144. As soon as sugar prices
stabilise, this stock will sky rocket as it has an EPS of more than 40 after excluding exceptional
items ( with PEM of just 1.5 times) against industry average of more than 7 times. Mudraa members
may please watch this company along with international scenario of sugar prices.