Investment opportunities

New Delhi [India], August 24: Davangere Sugar Industries Ltd (BSE: 543267) has emerged as a potential high-risk, high-reward opportunity, with an investor note assigning a BUY rating and a target price of ₹10, implying a potential upside of around 234% from the cited current market price of ₹2.99. The note carries a 12–18 month investment horizon and highlights improving operating performance, favourable sugar-market conditions, promoter participation and potential overseas ethanol opportunities as key factors behind the bullish view. Sugar prices and lower inventories support the outlook According to the investor note, domestic sugar prices have reached a seven-year high, with…