Top-performing agriculture & sugar stocks in June 2021

As the monsoon season has begun, the agriculture sector is once again in the spotlight as investors remain optimistic about the sector’s outlook.  

While agriculture exports zoomed recently, companies belonging to the agriculture sector reported improved performance for Q4FY21. The strong performance of agriculture companies for Q4FY21 further boosted investors’ confidence in agriculture stocks, which have seen a strong momentum.  

The biggest gainers in the rally have turned out to be sugar stocks, rewarding investors with high returns. Sugar is said to be entering into a cyclical trend. Prime Minister Narendra Modi’s announcement that the government has resolved to meet the target of 20 per cent ethanol blending in petrol by 2025, which currently stands at 8.5 per cent boosted the rally of sugar stocks.  

Though the agriculture sector looks a bit tipsy for short-term investments, it remains extremely bullish in the medium to long-term investment perspective.  

Some of the top-performing agriculture & sugar stocks in June 2021 include: