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Southern Online Bio Tech Ltd hit the buyer freeze in the opening trade. But still there is time for the new plant to start commercial productions. Please use these kinds of opportunities to book at least some profits in the counter. It is because once the stock starts hitting lower circuits you cannot exit. CMP: Rs.6.21.
The sugar stocks should do well after partial decontrol of the sector. Today, I got a recommendation from a brokerage house to buy Bajaj Hindustan at Rs.21, T--Rs.30 and SL--Rs.18. Even other of my recommended counters like Shree Renuka Sugars Ltd (CMP: Rs.25), Dharani Sugar Ltd (CMP: Rs.31), etc, should continue to do well in the next few trading sessions.