Future of sugar industries

Hi , i want to know about future of sugar industries as all Sugar industries are at bottom . Is it wise to invest in them ?

Hi,
I guess that you should quit out of the sugar stocks at the earliest.

Got the following article on a web page:

"Ketan Karani of Kotak Securities is of the view that one should exit sugar stocks at this level.

Karani told CNBC-TV18, “We have been quite negative on sugar for last one-one and half years. We believe that the sugar cycle is not going to be in favour of being in sugar stocks, the cycle, the huge production, the prices, which are falling down - one should exit these stocks. Unless and until we know what the production and prices are going to be and the way the companies are reporting losses, we believe for next two-three quarters it will keep on reporting huge losses. The cycle doesn’t seemed to be in favour of being in sugar stocks, so one should exit sugar stocks at this level and particularly Bajaj Hindustan.”