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LTP
-6.10 (-1.41%)
Volume
37,593
Market Cap
₹865 Cr
52W Low
₹396.00
52W High
₹830.50
LTP
-0.41 (-1.50%)
Volume
34,59,608
Market Cap
₹3,504 Cr
52W Low
₹25.30
52W High
₹46.10
LTP
-19.80 (-4.17%)
Volume
11,26,106
Market Cap
₹9,590 Cr
52W Low
₹343.50
52W High
₹691.80
LTP
-5.65 (-0.16%)
Volume
1,050
Market Cap
₹4,597 Cr
52W Low
₹2,189.20
52W High
₹3,993.00
LTP
-7.80 (-2.12%)
Volume
34,836
Market Cap
₹2,980 Cr
52W Low
₹324.00
52W High
₹585.00
LTP
-0.05 (-0.85%)
Volume
10,96,123
Market Cap
₹551 Cr
52W Low
₹4.98
52W High
₹11.50
LTP
-0.58 (-0.33%)
Volume
28,012
Market Cap
₹1,504 Cr
52W Low
₹154.00
52W High
₹242.50
LTP
-5.20 (-5.96%)
Volume
5,70,541
Market Cap
₹580 Cr
52W Low
₹81.75
52W High
₹163.93
LTP
-3.14 (-2.09%)
Volume
1,24,265
Market Cap
₹983 Cr
52W Low
₹124.52
52W High
₹267.95
LTP
-1.75 (-1.65%)
Volume
1,553
Market Cap
₹84 Cr
52W Low
₹75.72
52W High
₹142.00
LTP
0.00 (0.00%)
Volume
2,502
Market Cap
₹29 Cr
52W Low
₹0.00
52W High
₹8.70
LTP
0.15 (0.39%)
Volume
16,000
Market Cap
₹96 Cr
52W Low
₹32.15
52W High
₹54.35
LTP
-1.10 (-2.27%)
Volume
5,17,272
Market Cap
₹897 Cr
52W Low
₹46.05
52W High
₹88.50
LTP
-4.35 (-0.50%)
Volume
82,942
Market Cap
₹15,329 Cr
52W Low
₹539.30
52W High
₹997.00
LTP
0.00 (0.00%)
Volume
1
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹0.58
LTP
-0.33 (-2.57%)
Volume
35,102
Market Cap
₹84 Cr
52W Low
₹12.01
52W High
₹26.50
LTP
1.22 (0.49%)
Volume
96,671
Market Cap
₹1,266 Cr
52W Low
₹217.00
52W High
₹408.60
LTP
-2.60 (-2.58%)
Volume
6,657
Market Cap
₹175 Cr
52W Low
₹75.31
52W High
₹166.80
LTP
0.10 (5.00%)
Volume
3,319
Market Cap
₹3 Cr
52W Low
₹0.00
52W High
₹2.10
LTP
-0.08 (-0.19%)
Volume
1,23,441
Market Cap
₹467 Cr
52W Low
₹31.05
52W High
₹61.40
LTP
-1.75 (-1.53%)
Volume
1,877
Market Cap
₹115 Cr
52W Low
₹96.00
52W High
₹196.40
LTP
-0.02 (-0.06%)
Volume
1,88,471
Market Cap
₹294 Cr
52W Low
₹27.05
52W High
₹50.40
LTP
-0.24 (-0.59%)
Volume
21,441
Market Cap
₹339 Cr
52W Low
₹38.73
52W High
₹71.70
LTP
-1.40 (-3.54%)
Volume
9,600
Market Cap
₹61 Cr
52W Low
₹34.90
52W High
₹87.00
LTP
-19.80 (-3.38%)
Volume
7,786
Market Cap
₹823 Cr
52W Low
₹522.00
52W High
₹1,010.00
LTP
-3.79 (-3.86%)
Volume
83,428
Market Cap
₹385 Cr
52W Low
₹83.40
52W High
₹137.00
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹9 Cr
52W Low
₹0.00
52W High
₹4.50
LTP
0.25 (4.86%)
Volume
1,000
Market Cap
₹7 Cr
52W Low
₹5.14
52W High
₹5.39
LTP
0.02 (0.22%)
Volume
7,981
Market Cap
₹138 Cr
52W Low
₹8.24
52W High
₹14.25
LTP
-2.75 (-0.76%)
Volume
5,391
Market Cap
₹310 Cr
52W Low
₹345.00
52W High
₹598.90
LTP
-0.53 (-1.01%)
Volume
31,074
Market Cap
₹174 Cr
52W Low
₹48.61
52W High
₹101.90
LTP
-0.39 (-2.24%)
Volume
1,58,075
Market Cap
₹267 Cr
52W Low
₹16.30
52W High
₹27.70
LTP
0.25 (5.00%)
Volume
15,649
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹5.25
LTP
-0.43 (-1.58%)
Volume
1,65,319
Market Cap
₹324 Cr
52W Low
₹25.58
52W High
₹46.75
LTP
-1.60 (-3.10%)
Volume
1,961
Market Cap
₹246 Cr
52W Low
₹35.40
52W High
₹85.92
LTP
-0.26 (-4.01%)
Volume
21,163
Market Cap
₹12 Cr
52W Low
₹5.60
52W High
₹16.90
LTP
-0.62 (-1.68%)
Volume
27,84,399
Market Cap
₹7,824 Cr
52W Low
₹34.20
52W High
₹56.50
LTP
-0.27 (-1.52%)
Volume
8,742
Market Cap
₹75 Cr
52W Low
₹16.28
52W High
₹38.50
LTP
-4.20 (-1.69%)
Volume
1,521
Market Cap
₹130 Cr
52W Low
₹240.20
52W High
₹431.00
LTP
0.00 (0.00%)
Volume
11,181
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹7.30
LTP
-4.65 (-1.19%)
Volume
3,27,587
Market Cap
₹8,516 Cr
52W Low
₹267.50
52W High
₹536.00
LTP
-0.60 (-1.21%)
Volume
1,48,338
Market Cap
₹560 Cr
52W Low
₹46.00
52W High
₹99.40
LTP
-4.61 (-2.12%)
Volume
39,483
Market Cap
₹833 Cr
52W Low
₹200.10
52W High
₹407.70
LTP
-0.35 (-2.56%)
Volume
5,27,016
Market Cap
₹297 Cr
52W Low
₹12.78
52W High
₹21.99
LTP
0.36 (4.99%)
Volume
40,577
Market Cap
₹17 Cr
52W Low
₹0.00
52W High
₹7.57
LTP
5.95 (2.06%)
Volume
79,305
Market Cap
₹864 Cr
52W Low
₹245.30
52W High
₹423.40
Join Our 2.5 Cr+ Happy Customers
Sugar is an important addition to multiple food items in both India and abroad, especially in processed food. In modern times, sugarcane is also extensively used in producing ethanol that can be added to petrol for the automobile industry. According to the Indian Sugar Mills Association, 3.65 crore tonnes of sugar will be produced during the 2022-2023 sugar season. As per the Ministry of Consumer Affairs data from that year, 35 LMT of sugar was allocated for ethanol production in 2022, while sugar mills produced 359 LMT of sugar.
The key factors influencing the sugar sector are government regulations, sugarcane availability, and production cost. The key metrics used to assess sugar companies are operating efficiency, their relationship with farmers, and their location. The Central Government, in its National Bio-fuels Policy, 2018, mandated 10 per cent blending of ethanol into motor fuel by 2022 and 20 per cent by 2030.
Despite the pandemic restrictions and the disrupted supply chain, the Indian cane sugar market grew due to the increasing demand for sugar in the country. Due to the increase in demand for organic and naturally derived products, demand for organic sugar is also growing in India. Additionally, Indian organic sugar is used in most ayurvedic medicines and potions made in India. India’s cane sugar market is expected to expand at a CAGR of 5.2% from 2024 to 2029.
India is the world’s largest producer and consumer of sugar and has an expanding population. Sugar is a major ingredient in several low-cost and premium processed foods. Hence, over the medium term, demand is anticipated to rise.
Investing in sugar sector stocks via Angel One is easy. Simply follow these steps:
If you don’t have a Demat account with Angel One, you can open one for free online within minutes.
Sugar sector stocks represent companies involved in the manufacturing and distributing of sugar used across various industries. This includes concentrated sugar as well as added sugar in processed food.
EID Parry, Shree Renuka Sugar, Balrampur Chini Mills, etc., are some of India’s biggest Sugar sector companies with publicly traded stocks.
You may assess stocks based on financial health through metrics like profitability, debt-to-equity ratio, and operational efficiency.
In India, the sector is set to grow at a CAGR of 5.20% in FY 2024-29. Hence, consider investing in stocks of a growing sector.
With a 5-year CAGR of nearly 58.16% as of February 2, 2024, Magadh Sugar is the best sugar sector company. As such, the top Sugars sector stock can be selected based on various factors like cash richness, market size, growth rate, etc. Do your own research before deciding which stock is the best for your investment strategy.
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