In India, the sugar industry is a huge business. Sugar consumption in India is the highest in the world. According to the Indian Sugar Mills Association, between October 1, 2019, and May 31, 2020, the country's sugar mills produced 268.21 lakh (26,821,000) tonnes of sugar. Bagasse, molasses, and press mud are all products of sugarcane processing. Over the years, the Indian sugar industry has used these by-products to make bioethanol, power, and a variety of other products. Between January and May of this year, an estimated 45 lakh tonnes of sugar were shipped. In addition, 4.48 lakh tonnes were exported in October-December last year, compared to the previous season's MAEQ quota. Interested in investing in stocks listed on the Indian Stock Exchange (NSE and/or BSE) in the Sugar industry subsector? Here are some Sugar stocks with a minimum market capitalization of 100 million are evaluated, in order to keep the list focused and avoid including extremely low-value Sugar stocks.
Cheap And Best 10 Sugar Stocks To Invest In 2021
Cheap And Best 10 Sugar Stocks To Invest In 2021(June 9, 2021)
|Company||Price||1 Year Return||5 Year Returns|
|Rana Sugars||Rs 19.10||354.76%||161.64%|
|Dalmia Bharat Sugar and Industries||Rs 398.95||300.75%||287.71%|
|Kothari Sugars And Chemicals||Rs 41.70||185.62%||159.01%|
|Triveni Engineering & Industries||Rs 187.25||277.14%||225.09%|
|Bajaj Hindusthan Sugar||Rs 14.10||133.06%||-35.47%|
|Ugar Sugar Works||Rs 32.30||117.51%||-12.11%|
|Dhampur Sugar Mills||Rs 346.65||162.32%||226.41%|
|Dharani Sugars & Chemicals||Rs 14.35||127.78%||-27.42%|
|Simbhaoli Sugars||Rs 18.05||148.97%||-49.79|
|Balrampur Chini Mills||Rs 349.95||166.02%||184.51%|
In India, Rana Sugars Limited develops and distributes sugar, molasses, and bagasse. Sugar manufacturing, ethanol manufacturing, and power generation are the three segments in which it operates. Sugar from sugar beet is available, as well as double refined white sulphurless, plantation white, and raw sugar. In the fiscal year ended March 31, 2020, the company spent 1.71 percent of its operating revenues on interest charges and 2.88 percent on labour costs. (source of Standalone Financials). Stock returned 230.34 percent over three years, compared to 19.57 percent for the Nifty Smallcap 100.
According to the latest announcement, M/s. Karimganj Biofuels Private Limited, the Company's Wholly Owned Subsidiary Company, has unloaded 90 percent of its equity holding, and as a result, M/s. Karimganj Biofuels Private Limited has ceased to be a subsidiary company of M/s. Rana Sugars Limited.
Dalmia Bharat Sugar and Industries
The company entered the sugar business in the mid-1990s, with the first unit of 2500 TCD being built in Ramgarh, a village in Uttar Pradesh's Sitapur district, in 1994. Coca-Cola, PepsiCo, Mondelez, Perfetti, Britannia, Wal-Mart India, Dabur, D-Mart, India Glycols Allied Blenders & Distillers, United Breweries, Carlsberg, SABMiller, and many more in the alcohol industry use the company's sugar as a preferred supplier.
It also sells to Indonesia, Malaysia, Bangladesh, Sri Lanka, Nepal, Bhutan, the Middle East, Mediterranean countries, and East Africa, among other places. Dalmia Bharat Sugar and Industries Ltd (DALMIASUG) was successful in generating YTD returns of 127.45 percentage based on the market-cap change from 11.65 billion to 26.52 billion during the given months of the year 2021 and the share price change from 143.9 per share to a price of 327.3 per share as of May 18, 2021.
Kothari Sugars And Chemicals
The stock returned 269.57 percent over three years, compared to 21.13 percent for the Nifty Smallcap 100. The company recorded a Standalone Total Income of Rs 117.38 Crore for the quarter ended 31-03-2021, up 22.71 percent from the previous quarter's Total Income of Rs 95.66 Crore and up 32.13 percent from the same quarter last year's Total Income of Rs 88.84 Crore. In the most recent quarter, the company generated a net profit after tax of Rs 1.19 crore.
Triveni Engineering & Industries
The stock returned 271.43 percent during a three-year period, while the Nifty Smallcap 100 returned 21.13 percent. Triveni Engineering & Industries Ltd., founded in 1932, is a Small Cap business (with a market capitalization of Rs 3,677.10 Crore) in the Sugar sector. Triveni Engineering & Industries Ltd. (TRIVENI), situated in India, is classified as a Confectioners company in the Consumer Defensive category. Triveni Engineering & Industries' shares closed the prior year at a price of 71.35 per share.
Bajaj Hindusthan Sugar
The Consumer Defensive sector company, headquartered in India, is classified as a Confectioners industrial sub-sector. The stock returned 64.79 percent over three years, while the Nifty Smallcap 100 returned 21.13 percent. Based on the previous year's closing price of 6.15 per share and year-to-date price of 12.3 per share, the stock of Bajaj Hindusthan Sugar has risen 100 percent from the beginning of the year 2021. During the same time period, the company's market capitalization increased from $6.97 billion to $13.93 billion.
Ugar Sugar Works
Ugar Sugar Works Ltd., founded in 1939, is a Small Cap company (with a market capitalization of Rs 324.56 Crore) in the Sugar sector. . The stock price of Ugar Sugar Works, which is classified as a Confectioners company, concluded the previous year at a price of 16.8 per share and is expected to reach 28.85 per share on, representing around 90 percent increase in stock price. The company's market capitalization is $3.68 billion.
Dhampur Sugar Mills
Dhampur Sugar Mills' stock price has risen from 168.65 per share at the conclusion of the previous fiscal year to 322 per share as of June 4, 2021. It corresponds to a 95-98 percent change. The market value of the India-based Consumer Defensive sector company increased from 11.19 billion to 22.33 billion. In the most recent quarter, the company generated a net profit after tax of Rs 91.44 crore.
Dharani Sugars & Chemicals
The stock returned -30.77 percent over three years, while the Nifty Smallcap 100 returned 21.13 percent. Dharani Sugars & Chemicals Ltd., founded in 1987, is a Small Cap business with a market capitalization of Rs 34.36 Crore that operates in the Sugar sector. The company recorded a Standalone Total Income of Rs.20 Crore for the quarter ended 31-12-2020, a decrease of 98.35 percent from the previous quarter's Total Income of Rs 12.22 Crore and a decrease of 94.20 percent from the previous year same quarter Total Income of Rs 3.48 Crore. In the most recent quarter, the company posted a net profit after tax of Rs -11.07 crore.
Balrampur Chini Mills
The stock returned 347.25 percent over three years, while the Nifty Midcap 100 returned 40.13 percent. Balrampur Chini Mills Ltd., founded in 1975, is a Mid Cap business with a market capitalization of Rs 6,569.85 Crore that operates in the Sugar sector.
Stock returned 26.16 percent over three years, while the Nifty Smallcap 100 returned 21.13 percent. Simbhaoli Sugars Ltd., founded in 2011, is a Small Cap business with a market capitalization of Rs 61.71 Crore that operates in the Sugar sector.
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