3 reasons behind the rally in sugar stocks SECTIONS Last Updated: May 04, 2021, 12:20 PM IST Share Synopsis "Sugar companies would do far better than what they have done in the past. They are probably experiencing the best cyclical trend now. I would prefer companies with a good mix of ethanol. We certainly like the largest companies like EID. We like Balrampur and Triveni as well," says Deven Choksey. ETMarkets.com Related NSE Explore Now Explaining the reasons behind the rally in sugar stocks, Deven R Choksey, MD, KR Choksey Investment Managers, says that the commodity is experiencing a phase of cyclical uptrend. "Sugar prices are going up because Brazilian sugar output is likely to fall to the extent of 7 million tonnes and we have surplus sugar stock," he says in an interview with ET Now. Edited excerpts.