Best Sugar Stocks for May 2025 – EID Parry, Uttam Sugar Mills, and More: Check Here!

India is the world’s largest sugar producer and consumer, surpassing Brazil. With 50 million farmers cultivating sugarcane across 50 lakh hectares, the industry employs 5 lakh workers. Maharashtra leads production, followed by Uttar Pradesh. The sector is expanding ethanol production, making sugar stocks attractive for investment.

Best Sugar Stocks for May 2025 – Based on 5Y CAGR

5Y CAGR shows how consistently a company’s profits have grown each year over the last five years. A positive and healthy CAGR indicates strong financial performance and resilience, even in challenging market conditions.

Here is a list of India’s best sugar stocks based on 5Y CAGR:

Company 5Y Profit Growth (%)
EID Parry 41.15
Magadh Sugar 28.08
Uttam Sugar Mills 17.95
Bannari Amman Sugars 15.06
Indian Sucrose 11.12

Overview of Best Sugar Companies in India

1.EID Parry

EID Parry, part of the Murugappa Group, operates in sugar, ethanol, nutraceuticals, and farm inputs via Coromandel International. It has expanded into FMCG, distilleries, and retail, aiming to diversify revenue beyond sugar. The company plans significant retail expansion and increases value-added product sales.

Key Metrics:

  • EPS: ₹45.74
  • ROE: 13.5 % 

2.Magadh Sugar

Magadh Sugar & Energy Limited, part of the K.K. Birla Group, was incorporated in 2015. It operates three sugar mills in Bihar with a crushing capacity of 17,500 TCD, a 60 KLPD distillery, and 38 MW power generation. The company produces sugar, ethanol, molasses, and bagasse while also generating renewable energy.

Key Metrics:

  • EPS: ₹60.20
  • ROE: 16.8%

3.Uttam Sugar Mills

Uttam Sugar Mills has expanded its crushing capacity from 2,500 TCD in 2001 to 23,750 TCD, with plans to reach 26,500 TCD. It produces refined, liquid, and specialty sugars, supplying major retailers, hotels, and FMCG brands. With 122 MW power capacity and growing biofuel production, it focuses on sustainability and quality.

Key Metrics:

  • EPS: ₹17.16
  • ROE: 20.8%

4.Bannari Amman Sugars

Bannari Amman Sugars, incorporated in 1983, operates five sugar units across Tamil Nadu and Karnataka with a total crushing capacity of 26,500 TCD. It produces refined, liquid, and specialty sugars, along with 129.8 MW of co-generation power. The company focuses on quality, sustainability, and expanding biofuel production.

Key Metrics:

  • EPS: ₹72.84
  • ROE: 9.36%

5.Indian Sucrose

Indian Sucrose Limited (ISL), part of Yadu Corporation, was incorporated in 1990. It manufactures sugar and allied products, including bagasse and molasses, and engages in power cogeneration. ISL operates a plant with a crushing capacity of 9,000 TCD, expandable to 12,000 TCD, and generates 30 MW of power.

Key Metrics:

  • EPS: ₹19.84
  • ROE: 16.6%

Best Sugar Stocks for May 2025 – Based on D/E Ratio

A low debt-to-equity ratio suggests the company is financially sound and less risky, especially important in the cyclical sugar industry. High debt levels can be dangerous during low sugar price phases, so companies with controlled leverage are more attractive for long-term investment.

Here is a list of India’s best sugar stocks based on debt-to-equity ratio:

Company D/E Ratio
Bannari Amman Sugars 0.09
Dalmia Bharat Sugar 0.12
Balrampur Chini 0.17
DCM Shriram Industries 0.43
Avadh Sugar 0.68

Best Sugar Stocks for May 2025 – Based on Operating Profit Margin

Higher OPM means better cost control and pricing power—critical in the sugar sector, where raw material costs can be volatile. Companies with consistently strong OPM are likely to manage their operations better and generate higher returns for investors.

Here is a list of India’s best sugar stocks based on operating profit margin:

Company OPM (%)
M.V.K. Agro 16.16
Magadh Sugar 14.01
Indian Sucrose 13.69
Balrampur Chini 12.79
Bannari Amman Sugars 12.15

Conclusion

India’s sugar industry is thriving, with strong production growth and increasing ethanol integration. Top sugar stocks like EID Parry, Magadh Sugar, and Uttam Sugar Mills show solid financial performance. Investors should consider profit growth, debt levels, and operating margins when selecting stocks for long-term gains in this evolving sector.

Read more on: Best Cement Stocks in May 2025: Ultratech Cement, Ambuja, ACC and More – Based on 5Y CAGR

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

India’s Operation Sindoor Shakes Pakistan’s Stock Market (KSE)

After India carried out Operation Sindoor on May 7, targeting 9 terrorist camps across Pakistan and Pakistan-occupied Kashmir, Pakistan’s stock market saw a sharp fall. The KSE-100 index crashed by over 6%, leading to a halt in trading. This came just a day after a 3% drop, triggered by growing tensions following the Pahalgam terror attack on April 22.

Indian Markets Stay Strong

While Pakistan’s financial markets continue to bleed, Indian stock markets are showing resilience. Despite the military operation and rising tensions, Indian markets have held strong, with investors showing confidence in the country’s economy and stability.

Economic Measures Hurt Pakistan

India’s response to the terror attack has gone beyond military action. It has also taken economic steps like halting the Indus Waters Treaty, blocking imports, and stopping postal services to Pakistan. These moves have added pressure to an already weak Pakistani economy.

Pakistan’s Fragile Economy

Pakistan’s economy is already in trouble. It depends heavily on IMF support and faces many problems, including slow growth, a falling rupee, and the risk of credit downgrades. Foreign investors are pulling money out of the country’s markets, and there is little support from big local institutions.

Volatility and Uncertainty in KSE

The Pakistan stock market is known to be sensitive to India-Pakistan tensions. When such tensions rise, foreign investors tend to leave quickly, especially since trading volumes are low. This adds to the instability, making the market even more fragile.

Conclusion

Operation Sindoor has shaken investor confidence in Pakistan, causing a major stock market crash. With growing economic stress, little investor support, and the threat of conflict, Pakistan’s economy is in a risky spot. In contrast, India has shown both military and market strength, reflecting its stable position in the region.

Read more on: IndiGo Shares in Focus as Over 165 Flights Cancelled Until May 10 Following Operation Sindoor

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

NSE Denies News Reports on IPO Talks with Government

The National Stock Exchange (NSE) has officially denied a news report that claimed it had contacted the government regarding its Initial Public Offering (IPO).

NSE Responds on Social Media

NSE took to its social media platform “X” (formerly Twitter) to clear the air. It said, “A news agency, Reuters, has published a story that NSE has sought intervention from the government relating to the NSE IPO. This story is denied by the NSE.”

The exchange further clarified that it has not communicated with the Government of India about the IPO for the last 30 months.

What Did Reuters Report?

Earlier in the day, Reuters reported that NSE had written to the government asking for help with its IPO. The report cited anonymous sources who claimed to have knowledge of the matter.

However, NSE’s quick denial makes it clear that no such request or communication has taken place.

NSE Reports Strong Financial Results

Recently, NSE announced its financial results for the March quarter and the entire financial year 2024-25. The exchange reported a 47% jump in net profit, reaching ₹12,188 crore. This is a big improvement compared to the previous year.

Along with the results, the NSE board also recommended a final dividend of ₹35 per equity share. This includes a special one-time payout of ₹11.46 per share. However, this recommendation still needs approval from shareholders.

Conclusion

To sum up, NSE has strongly denied any talk with the government about its IPO, countering the Reuters report. At the same time, the exchange is showing strong financial growth and rewarding its shareholders. For now, all eyes remain on whether NSE will move forward with IPO plans in the near future.
Read more on: NSE Q4 Profit Surges 47% to ₹12,188 Crore, Announces ₹35 Dividend

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Routematic Raises US$40 Million to Grow Its AI Transport Service

Routematic, a company that provides transport services for corporate workers, has raised US$40 million in Series C funding. The money came from two sustainability-focused investors—Fullerton Carbon Action Fund and Shift4Good.

Routematic Moving From Testing to Expansion

After working on its technology for 12 years, Routematic is now ready to grow. The company is gradually shifting “from the lab to the factory.” This means it is now ready to take its tested technology and use it on a much larger scale.

Electric Vehicles and New City Centres

With the new funds, Routematic plans to convert 30% of its vehicles to electric. In addition, it will set up 5 command centres—called Routematic Operations and Command Centres (ROCs)—in major Indian cities. These centres will help the company track and manage vehicles in real time.

How Routematic is Helping Drivers Earn More

Routematic works differently from other transport companies. Instead of just connecting drivers and riders, the company pays drivers for their time. Then, it helps them earn more by planning their trips smartly. This gives drivers a steady income and better work conditions.

Serving Corporate Clients with High Standards

Routematic already serves over 300 companies. Its AI platform ensures strong performance: 100% legal compliance, 95% on-time arrivals, and 100% on-time departures. This is especially important for large companies that depend on reliable employee transport.

Plans of Routematic by 2026

By 2026, Routematic wants to grow its fleet to 10,000 vehicles. Right now, its system is already handling 17,000 transport units for planning. So, the company feels confident about reaching its goal. It also plans to enter new areas like airport transfers to use its vehicles better.

Conclusion

With strong backing and clear goals, Routematic is ready to expand. Its focus on clean energy, smart technology, and fair driver pay sets it apart in the corporate transport space.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Blusmart Investors Plan to Buy Out Founder Anmol Singh Jaggi and Cut Ties with Gensol

Blusmart, the electric cab-hailing service, may soon see a major change in ownership. Investors, led by BP Ventures, are in talks to buy out founder Anmol Singh Jaggi to revive the company, which stopped operations in mid-April 2025.

Why This Buyout Matters

The buyout could help protect investors’ money, keep drivers employed, and bring Blusmart’s blue-and-white cabs back on the road. It would also mark a complete exit of Jaggi, who co-founded the company six years ago. Legal issues related to transferring his shares are still being worked out, but due diligence and valuation are almost complete.

Jaggi Under SEBI Investigation

This move follows an interim order by SEBI on April 16, which barred the Jaggi brothers from holding any directorships in listed companies. SEBI accused them of fund misuse, including using loans meant for Blusmart to buy cars for personal use. His demat account is now frozen, limiting what he can do with his shares.

Who Owns Blusmart Now?

As of February 2025, promoters held nearly 24% of Blusmart, while the rest was owned by investors like SoftBank, Mayfield India Fund, and celebrities such as Deepika Padukone and M.S. Dhoni.

Investors’ Rescue Plan

Investors hope to buy Jaggi’s shares at face value, request private lenders to waive part of Blusmart’s ₹850 crore debt, and infuse new funds to restart operations. A large part of this debt is owed to Gensol Engineering, also founded by Jaggi.

Why Restarting is Urgent

Blusmart was considered a promising business with loyal customers and reliable drivers. But electric vehicle batteries degrade if unused for too long. Restarting operations will also help Gensol, which owns many of BluSmart’s cars and must service its own loans.

Conclusion

The investors aim to separate Blusmart completely from Gensol and give it a fresh start. This will not only protect their capital but also restore the brand’s operations and trust among customers and lenders.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

 

ITR Filing FY26: How Can Freelancers File Their Returns in 2026?

The season for ITR filing in FY26 has started. The Income Tax Department has already notified the ITR-1 to ITR-5 forms for Assessment Year 2025-26. While salaried individuals usually find the process simple, freelancers and self-employed professionals need to take extra care while filing their returns.

Who is a Freelancer?

A freelancer is someone who works independently for multiple clients or companies, often on different assignments. This includes people such as content writers, consultants, software developers, designers, and more.

Freelancer Income Under the Tax Law

According to the Income Tax Act, 1961, income earned by freelancers is treated as “profits and gains from business or profession.” This means freelancers need to report their income like any other small business would.

Presumptive Taxation – Section 44ADA

Freelancers whose annual income does not exceed ₹50 lakh can choose the presumptive taxation scheme under Section 44ADA. Under this, 50% of the total income is considered profit and taxed accordingly. This reduces the need to maintain detailed accounts.

Deductions Freelancers Can Claim

Freelancers are eligible for various tax deductions just like salaried individuals:

  • Section 80C: Deductions on life insurance premiums, home loan principal, ELSS investments, etc.
  • Section 80D: Medical insurance premium payments.
  • Section 80E: Interest paid on education loans.
  • Section 80G: Donations to charitable trusts or relief funds.

These deductions are mainly available under the old tax regime. The new tax regime offers lower tax rates but fewer deductions.

ITR Filing FY26: Which Form to Use?

Freelancers need to choose between two forms:

  • ITR-3: For those showing actual business or professional income with detailed expense tracking.
  • ITR-4: For those opting for presumptive taxation under Section 44ADA.

Steps for ITR Filing in FY26 for Freelancers

  1. Calculate your gross income for the full financial year (April to March).
  2. Estimate your deductions and expenses under applicable sections.
  3. Choose the correct ITR form—either ITR-3 or ITR-4.
  4. File your return online through the Income Tax Department’s portal.

Conclusion

Filing income tax returns might seem confusing for freelancers at first, but with the right knowledge, it becomes manageable. Keeping records of all income and expenses, understanding the deductions, and selecting the correct tax regime and form are key to filing ITR smoothly. It’s also helpful to consult a tax expert if you’re unsure.

Read more on: ITR Filing FY24-25: Is Dearness Allowance (DA) Taxable?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Dabur to Exit Non-Performing Products, Focus on Growth and Premium Brands

Dabur India Ltd. is planning to exit several underperforming product categories. These include Vedic tea, adult and baby diapers, breakfast cereals, sanitisers, and its malted drink brand, Vita. These products together make up less than 1% of Dabur’s total revenue and have been hurting the company’s profit margins. 

Why This Change? 

The decision comes after a detailed review of the company’s portfolio with help from consulting firm McKinsey. Dabur aims to shift its focus to more profitable and promising categories, targeting double-digit growth in revenue and profits by 2028. 

Dabur to Focus on Core and Premium Products 

As per news reports, Dabur’s senior management intends to invest heavily in core products like Dabur Red toothpaste, Real juice, Chyawanprash, and Vatika shampoo—brands that already bring in over 70% of total revenue.  

The company will also work on “premiumisation” by upgrading products across hair care (like serums, conditioners, and masks), healthcare (like gummies and powders), and oral care (like benefit-led toothpastes). 

Dabur Plans More Mergers and Smart Distribution Strategies

Apart from focusing on its main brands, Dabur plans to aggressively explore mergers and acquisitions, especially in modern health, wellness, and personal care products aimed at the younger generation. The company will also consolidate its distribution network in cities to cut costs and put more effort into online channels like quick commerce and modern retail. 

Dabur’s Seven-Point Growth Plan 

To guide this change, Dabur has created a seven-point plan. This includes: 

  1. Dropping low-performing products 
  2. Investing in big core brands 
  3. Premiumising products 
  4. Exploring health and wellness trends 
  5. Cutting costs in distribution 
  6. Boosting digital tools for efficiency 
  7. Expanding through mergers and acquisitions 

Looking Ahead 

Dabur also plans to grow products like Hajmola and health juices, and develop items for new health needs like gut, heart, and stress management. At 12:09 AM, Dabur share price was down 2.63% and was trading at ₹469.40. 

Conclusion 

Dabur is shifting away from non-profitable categories to focus on core, premium, and wellness-based products. With a clear growth plan and digital push, the company hopes to achieve strong and sustainable performance in the coming years.

Read more on: Dabur India Share Price to Come in Focus on Thursday: Check Final Results Here

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. 

IFFCO-Tokio Enters Surety Bonds Market to Boost Infrastructure Sector

IFFCO-Tokio General Insurance has entered the surety bonds market to help the infrastructure sector in India. This move is expected to improve trust and reduce risks in large projects by offering an alternative to traditional bank guarantees.

What Are Surety Bonds?

Surety bonds are legal agreements involving 3 parties—the contractor, the project owner (usually a government body), and the insurance company. These bonds guarantee that the contractor will complete the project as promised. If the contractor fails, the insurance company steps in to cover the losses or find a replacement.

Why Surety Bonds Offered by IFFCO-Tokio Matter 

Surety bonds can solve many issues faced by the infrastructure sector. They allow small and medium contractors to take on more projects and help government agencies widen their list of eligible contractors. Apart from financial benefits, these bonds also help build trust between all parties involved in a project.

The Growing Need for Alternatives

The construction sector in India has already used bank guarantees worth ₹1.70 trillion. This figure is expected to rise to ₹3 trillion by 2030. Surety bonds are seen as a strong alternative to bank guarantees, especially as infrastructure development continues to grow across the country.

Limited Players in the Surety Bonds Market

Only a few companies in India currently offer surety bonds. These include New India Assurance, ICICI Lombard, SBI General, HDFC ERGO, Tata AIG, Universal Sompo, and now IFFCO-Tokio. Bajaj Allianz General Insurance was the first to launch surety bonds after the insurance regulator allowed their issuance in April 2022.

Challenges Still Remain

Despite the potential benefits, the use of surety bonds is still limited. Challenges include lack of coordination between banks and insurers, poor data sharing, and issues with legal enforceability of the contracts. To solve these problems, a special task force has been formed with members from banks, insurance companies, and reinsurers.

Conclusion

IFFCO-Tokio’s entry into the surety bonds space is a positive step toward boosting infrastructure development in India. With more awareness and solutions to current hurdles, this market could see strong growth in the coming years.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Adani Green Share Price in Focus After Promoter Converts Warrants into Shares Worth ₹84.6 Crore

Ardour Investment Holding Ltd., a promoter of Adani Green Energy Ltd, has converted over 7.61 lakh warrants into the same number of equity shares. The total value of this conversion is ₹84.6 crore, according to the company’s stock exchange filing on Wednesday.

Difference Between Warrants and Equity

Warrants are like a future promise to buy equity. They give its holder the right to buy a company’s shares at a fixed price within a certain period. However, equity holders enjoy direct ownership in the company. They have voting rights, receive dividends, and benefit from any rise in the company’s share price.

Slight Increase in Promoter Shareholding

With this move, the promoter group’s shareholding in Adani Green has gone up slightly from 61.14% to 61.16%. Though the increase is small, it reflects continued promoter confidence in the company.

Background: Warrants Allotted in January 2024

In January 2024, Adani Green had allotted 6.3 crore convertible warrants to Ardour on a private placement basis. This was done to raise funds through a preferential allotment. Each warrant was priced at ₹1,480.75, out of which ₹370.19 was paid upfront at the time of allotment.

Latest Conversion Details

 Out of the remaining 5.48 crore warrants, Ardour has now exercised 7,61,688 warrants. These were converted into equity shares with a face value of ₹10 each. The board approved the conversion after receiving the balance payment of ₹1,110.56 per warrant, which is 75% of the total issue price.

More Conversions Expected

 As per the agreed terms, Ardour can convert the rest of the 5.4 crore warrants into shares anytime before July 24, 2025. The newly issued shares will enjoy the same rights as existing shares, including dividends and voting rights.

Recent Allotments and Market Reaction

 Just a day before this, Adani Green had allotted another 37.98 lakh equity shares to Ardour after a similar conversion. However, the market response was mild. On the BSE, Adani Green share price ended 0.65% lower at ₹917.4, while the Sensex gained 0.13%. The stock has declined 47% over the past 12 months and is down 12% in 2025 so far.

At 10:25 AM, Adani Green Energy share price was up 0.29% and was trading at ₹919.95.

Conclusion

The promoter’s move to convert warrants shows a continued investment in Adani Green. More conversions may follow, boosting promoter stake further.

Read more on: Which Adani Group Company Delivered Highest Profits in Q4FY25?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

EPFO to Speed Up Higher Pension Applications by Year-End

The Employees’ Provident Fund Organisation (EPFO) is planning to fast-track the process of giving pensions based on higher wages. This move comes after a Supreme Court directive and aims to benefit lakhs of retired employees who have applied for a higher pension under the EPF scheme.

Dedicated Regional Offices and Extra Support

To speed up the process, the EPFO will assign 10-15 regional offices to work only on these applications. It will also bring in extra staff, legal experts, and firms empanelled with the Comptroller and Auditor General (CAG) to help complete the work. According to a senior government official, the existing staff may not be enough to manage the large number of applications.

Focus on Government and Unexempted Firms

The EPFO will give priority to public sector units and unexempted companies where the money for higher pensions has already been deposited. A special task force may also be formed to investigate legal issues that may arise as more applications are processed.

Progress So Far

Out of the 7.8 million pensioners under the EPFO scheme, 1.75 million have applied for a higher pension. So far, more than 34,500 pension payment orders (PPOs) have been issued, with another 19,000 in progress.

Concerns Over Rejections by EPFO

Although the labour ministry has not shared the number of rejections, it is believed that over 500,000 applications have been turned down. This has caused concern among both employers and employee representatives. They are now asking the EPFO to review these rejected applications so that eligible people do not miss out on higher pensions.

Conclusion

The EPFO is taking major steps to ensure that eligible pensioners get the higher pension they deserve. By increasing manpower and focusing on pending cases, the organisation hopes to clear all eligible applications by the end of 2025.

Read more on: EPFO To Raise Auto-Settlement Cap To ₹5 Lakh

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.