US-Iran war: Balrampur Chini, Shree Renuka Sugars to Triveni Engg – Is it the right time to buy sugar stocks?

On Friday, sugar stocks declined by as much as 5%, with Avadh Sugar & Energy and Balrampur Chini Mills emerging as the top laggards. They were followed by nearly 4% losses in Dalmia Bharat Sugar and Industries and Dhampur Sugar Mills.