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LTP
-8.55 (-1.98%)
Volume
17,885
Market Cap
₹871 Cr
52W Low
₹354.40
52W High
₹830.50
LTP
-0.46 (-2.18%)
Volume
35,68,848
Market Cap
₹2,694 Cr
52W Low
₹16.50
52W High
₹44.84
LTP
-34.30 (-5.81%)
Volume
3,75,658
Market Cap
₹11,951 Cr
52W Low
₹419.05
52W High
₹691.80
LTP
-5.50 (-0.15%)
Volume
496
Market Cap
₹4,709 Cr
52W Low
₹3,000.30
52W High
₹4,444.00
LTP
-2.05 (-0.55%)
Volume
31,584
Market Cap
₹3,032 Cr
52W Low
₹291.00
52W High
₹585.00
LTP
-1.69 (-1.05%)
Volume
55,941
Market Cap
₹1,396 Cr
52W Low
₹142.11
52W High
₹214.45
LTP
-0.42 (-0.49%)
Volume
1,00,392
Market Cap
₹570 Cr
52W Low
₹57.34
52W High
₹163.93
LTP
-1.19 (-0.92%)
Volume
1,05,122
Market Cap
₹843 Cr
52W Low
₹110.00
52W High
₹234.00
LTP
-0.27 (-0.30%)
Volume
720
Market Cap
₹76 Cr
52W Low
₹77.99
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
-0.30 (-0.73%)
Volume
16,000
Market Cap
₹165 Cr
52W Low
₹29.96
52W High
₹47.24
LTP
-0.90 (-2.24%)
Volume
1,88,775
Market Cap
₹747 Cr
52W Low
₹34.42
52W High
₹80.34
LTP
-47.40 (-4.03%)
Volume
2,47,162
Market Cap
₹20,869 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
-0.24 (-1.96%)
Volume
11,306
Market Cap
₹91 Cr
52W Low
₹7.02
52W High
₹24.50
LTP
-5.35 (-2.03%)
Volume
18,666
Market Cap
₹1,353 Cr
52W Low
₹145.00
52W High
₹408.60
LTP
0.86 (0.93%)
Volume
5,618
Market Cap
₹162 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
-0.51 (-1.56%)
Volume
1,08,776
Market Cap
₹369 Cr
52W Low
₹30.01
52W High
₹61.40
LTP
2.35 (2.46%)
Volume
3,443
Market Cap
₹96 Cr
52W Low
₹61.00
52W High
₹187.00
LTP
-0.47 (-1.65%)
Volume
50,980
Market Cap
₹262 Cr
52W Low
₹25.30
52W High
₹42.79
LTP
-0.33 (-1.09%)
Volume
29,455
Market Cap
₹250 Cr
52W Low
₹27.72
52W High
₹59.88
LTP
6.45 (2.00%)
Volume
14,400
Market Cap
₹500 Cr
52W Low
₹32.05
52W High
₹329.00
LTP
-16.60 (-2.95%)
Volume
18,552
Market Cap
₹790 Cr
52W Low
₹440.05
52W High
₹1,010.00
LTP
-0.80 (-0.90%)
Volume
14,207
Market Cap
₹348 Cr
52W Low
₹78.43
52W High
₹137.00
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹9 Cr
52W Low
₹0.00
52W High
₹4.50
LTP
0.89 (1.98%)
Volume
15
Market Cap
₹59 Cr
52W Low
₹5.39
52W High
₹45.75
LTP
-0.08 (-1.10%)
Volume
17,248
Market Cap
₹109 Cr
52W Low
₹6.24
52W High
₹11.57
LTP
-0.05 (-0.02%)
Volume
9,663
Market Cap
₹248 Cr
52W Low
₹267.00
52W High
₹561.00
LTP
0.08 (0.21%)
Volume
2,38,576
Market Cap
₹126 Cr
52W Low
₹35.60
52W High
₹80.47
LTP
-0.07 (-0.49%)
Volume
98,237
Market Cap
₹220 Cr
52W Low
₹12.02
52W High
₹23.87
LTP
0.25 (5.00%)
Volume
15,649
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹5.25
LTP
-0.76 (-3.46%)
Volume
81,672
Market Cap
₹262 Cr
52W Low
₹19.00
52W High
₹45.00
LTP
-0.03 (-0.07%)
Volume
1,258
Market Cap
₹192 Cr
52W Low
₹35.05
52W High
₹79.00
LTP
-0.09 (-1.80%)
Volume
8,397
Market Cap
₹9 Cr
52W Low
₹4.54
52W High
₹9.39
LTP
-0.23 (-0.78%)
Volume
23,72,254
Market Cap
₹6,256 Cr
52W Low
₹24.71
52W High
₹56.50
LTP
0.01 (0.07%)
Volume
31,622
Market Cap
₹63 Cr
52W Low
₹12.12
52W High
₹29.76
LTP
5.95 (2.61%)
Volume
105
Market Cap
₹120 Cr
52W Low
₹201.00
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
-8.35 (-2.41%)
Volume
1,90,087
Market Cap
₹7,562 Cr
52W Low
₹313.10
52W High
₹536.00
LTP
0.12 (0.29%)
Volume
1,28,099
Market Cap
₹468 Cr
52W Low
₹38.91
52W High
₹93.15
LTP
-2.45 (-0.92%)
Volume
50,574
Market Cap
₹1,015 Cr
52W Low
₹171.51
52W High
₹396.00
LTP
-0.04 (-0.45%)
Volume
1,15,748
Market Cap
₹193 Cr
52W Low
₹7.82
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
-14.40 (-4.27%)
Volume
2,82,273
Market Cap
₹1,005 Cr
52W Low
₹229.99
52W High
₹407.30
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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