Yet to find sugar space favourable to invest: IV Subramanium

In a chat with ET Now, IV Subramanium, CIO, Quantum Advisors, talks about sugar stocks.

ET Now: What is your view on sugar stocks?

IV Subramanium: We have avoided this sector because it is again very not regulated but definitely there are lot of policies which can be announced which could be a surprise in your analysis. So we always found it challenging to understand that business given the changes which take place in the underlying policies. Having said that, there are certain times we also feel that the stocks are very cheap in that space but somehow we have not yet got into a situation where we would actually go ahead and invest probably because of this worry that things could change very dramatically in that space.