Online sales contributed over 20 per cent to total sales in the first half of FY20.
It reported revenue of Rs 165 crore, a year-on-year growth of 23 per cent.
Experts also say the government has been supporting the sector by retaining the minimum sugar price of 31 per kg and encouraging exports.
Increases in promoter equity are generally considered to point to ‘good times’ for a company.
The trend of offering guaranteed products has been visible across the sector.
At the current price of Rs 1,877, the stock is trading at 85 times annualised earnings.
NHDC reported an over two-fold jump in generation in October.
Five companies with good fundamentals that are expected to sustain their dividend yields.
In anticipation of a turnaround, steel shares have climbed 32-79 per cent from their October lows, in kilter with buoyant domestic and international prices of the commodity.
ICICI Securities (ISec) and IIFL Securities gained 26 per cent and 57 per cent, respectively over the past month.
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