In fact, if you see the inventory carried by these mills as of March 31 is at Rs 28 29, I am referring for the UP based sugar mill you have straight Rs 6 per kg as inventory gain, which can give you a gain of Rs 200 225 crore to Triveni, Rs 400 crore to Balrampur Chini kind of stocks and I won be surprised to see these prices going up to as high as maybe Rs 38 39 ex mill maybe in the next couple of months considering the global situation. I continue to reiterate that sugar is going to continue to have this kind of performance, because even the next season is going to be bad. Let not forget that this monsoon will not see higher production of sugarcane that will only be available after 18 months, so I don know I have been hearing many of the analysts or experts on the channel who have been saying that political commodity and all sort of things, no harm in booking profits, but I am giving the picture on that ground that what is all happening; international prices can move to USD 575 I won be surprised to see that happening in next couple of months due to the global shortage, so I have presented you the picture of India as well as the global picture, as well as the situation expected in India for the next season as well and considering all those things I keep my positive bias intact on the sugar stocks.Anuj: A word of Maruti at Rs 4,100 is this still an avoid for you as it was Designer Replica Belts above Rs 4,000 or do you think it can be bought?A: Two stocks if you see Tata Motors and Maruti both if I take a April 1 as the base both have risen by about 20 22 percent if I am not mistaken from Rs 3,400 to Rs 4,200 for Maruti and similar is the rise for Tata Motors, but the kind of positive perception which we have seen building up for Tata Motors post Q3 numbers and so much what you call positive recommendations coming in on Tata Motors, while the Maruti has quietly has increased by similar percentage of 22 23 percent in spite of yen Replica Designer Belts remaining quite strong at around 108 to 110, so yes I was giving a buy call at Rs 3,400 and when the stock reached at Rs 4,100 4,200 in the last couple of days or maybe for the last one week or rather the post Q4 having posted by Tata Motors, I have been in fact giving profit booking call on both the Replica Belts stocks.There is no harm in booking the profits now because you related site may get to see the Maruti again correcting to a level of Rs 3,950 4,000, where the entry can be made for the short term investors those who have exited earlier.

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