KM Sugar Mills Fundamental Analysis
KM SUGAR MILLS: The company has posted decent results, however it is looking very strong on the charts and will see up-move in the coming weeks. One can add this to their portfolio for some long term gains. With the government keen to revive the sugar sector, most sugar companies are seeing good buying and with good fundamentals, KM Sugar should see a good move from this level. The stock is currently available for under Rs.10/- (as on March 8th, 2019)
Investment can be done, but not too much at this point (not to exceed 20K). The upcoming quarterly results in April end or May will be crucial to the price movement as this will also be the financial year end with updates to Balance sheet.
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