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LTP
2.90 (0.69%)
Volume
4,480
Market Cap
₹845 Cr
52W Low
₹354.40
52W High
₹764.40
LTP
0.19 (0.90%)
Volume
20,19,697
Market Cap
₹2,703 Cr
52W Low
₹16.50
52W High
₹39.37
LTP
4.70 (1.01%)
Volume
64,297
Market Cap
₹9,352 Cr
52W Low
₹419.05
52W High
₹674.00
LTP
11.70 (0.34%)
Volume
372
Market Cap
₹4,281 Cr
52W Low
₹3,000.30
52W High
₹4,444.00
LTP
7.30 (2.04%)
Volume
27,016
Market Cap
₹2,898 Cr
52W Low
₹291.00
52W High
₹550.00
LTP
-1.54 (-0.91%)
Volume
29,317
Market Cap
₹1,464 Cr
52W Low
₹142.11
52W High
₹214.00
LTP
0.14 (0.18%)
Volume
22,437
Market Cap
₹522 Cr
52W Low
₹57.34
52W High
₹147.27
LTP
-0.41 (-0.30%)
Volume
36,821
Market Cap
₹884 Cr
52W Low
₹110.00
52W High
₹215.38
LTP
0.64 (0.77%)
Volume
569
Market Cap
₹69 Cr
52W Low
₹82.00
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
1.40 (3.41%)
Volume
4,000
Market Cap
₹164 Cr
52W Low
₹29.96
52W High
₹44.25
LTP
-0.19 (-0.43%)
Volume
1,11,690
Market Cap
₹811 Cr
52W Low
₹34.42
52W High
₹73.39
LTP
-4.00 (-0.39%)
Volume
16,261
Market Cap
₹18,493 Cr
52W Low
₹639.00
52W High
₹1,246.80
LTP
0.00 (0.00%)
Volume
1
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹0.58
LTP
-0.11 (-0.73%)
Volume
23,563
Market Cap
₹111 Cr
52W Low
₹7.02
52W High
₹21.43
LTP
7.30 (3.14%)
Volume
32,638
Market Cap
₹1,192 Cr
52W Low
₹145.00
52W High
₹408.60
LTP
1.58 (1.79%)
Volume
227
Market Cap
₹153 Cr
52W Low
₹79.00
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 (0.26%)
Volume
30,104
Market Cap
₹353 Cr
52W Low
₹30.01
52W High
₹53.78
LTP
0.46 (4.80%)
Volume
45,286
Market Cap
₹97 Cr
52W Low
₹6.10
52W High
₹16.90
LTP
-0.37 (-1.29%)
Volume
19,518
Market Cap
₹262 Cr
52W Low
₹25.30
52W High
₹38.94
LTP
0.16 (0.53%)
Volume
14,519
Market Cap
₹251 Cr
52W Low
₹27.72
52W High
₹54.70
LTP
10.90 (1.99%)
Volume
39,600
Market Cap
₹848 Cr
52W Low
₹32.05
52W High
₹558.65
LTP
2.60 (0.46%)
Volume
2,185
Market Cap
₹805 Cr
52W Low
₹440.05
52W High
₹876.65
LTP
1.52 (1.79%)
Volume
8,562
Market Cap
₹334 Cr
52W Low
₹78.43
52W High
₹119.52
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹9 Cr
52W Low
₹0.00
52W High
₹4.50
LTP
2.06 (1.99%)
Volume
100
Market Cap
₹133 Cr
52W Low
₹5.39
52W High
₹105.36
LTP
0.27 (3.95%)
Volume
4,903
Market Cap
₹102 Cr
52W Low
₹6.24
52W High
₹11.30
LTP
4.85 (1.75%)
Volume
1,528
Market Cap
₹237 Cr
52W Low
₹267.00
52W High
₹480.10
LTP
-1.10 (-2.83%)
Volume
79,290
Market Cap
₹130 Cr
52W Low
₹35.60
52W High
₹72.00
LTP
-0.08 (-0.55%)
Volume
56,097
Market Cap
₹221 Cr
52W Low
₹12.02
52W High
₹21.51
LTP
0.25 (5.00%)
Volume
15,649
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹5.25
LTP
0.07 (0.35%)
Volume
21,498
Market Cap
₹239 Cr
52W Low
₹19.00
52W High
₹41.19
LTP
-0.78 (-2.18%)
Volume
2,198
Market Cap
₹170 Cr
52W Low
₹31.00
52W High
₹76.99
LTP
-0.09 (-1.65%)
Volume
8,769
Market Cap
₹10 Cr
52W Low
₹4.54
52W High
₹8.55
LTP
0.05 (0.17%)
Volume
8,92,377
Market Cap
₹6,332 Cr
52W Low
₹24.71
52W High
₹48.04
LTP
-0.12 (-0.90%)
Volume
3,346
Market Cap
₹54 Cr
52W Low
₹12.12
52W High
₹25.48
LTP
14.95 (6.21%)
Volume
1
Market Cap
₹126 Cr
52W Low
₹201.00
52W High
₹385.45
LTP
0.00 (0.00%)
Volume
11,181
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹7.30
LTP
2.25 (0.65%)
Volume
39,330
Market Cap
₹7,629 Cr
52W Low
₹313.10
52W High
₹536.00
LTP
0.22 (0.52%)
Volume
30,103
Market Cap
₹476 Cr
52W Low
₹38.91
52W High
₹86.24
LTP
0.90 (0.35%)
Volume
6,672
Market Cap
₹979 Cr
52W Low
₹171.51
52W High
₹375.00
LTP
0.04 (0.50%)
Volume
38,540
Market Cap
₹175 Cr
52W Low
₹7.82
52W High
₹18.91
LTP
0.36 (4.99%)
Volume
40,577
Market Cap
₹17 Cr
52W Low
₹0.00
52W High
₹7.57
LTP
0.40 (0.12%)
Volume
79,399
Market Cap
₹985 Cr
52W Low
₹229.99
52W High
₹416.00
Join Our 3 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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