Calculate your SIP Returnexplore announcement button
Open Demat Account Login

Sugar Stocks

The sugar sector in India plays a crucial role in both domestic consumption and industrial applications like ethanol production. With increasing demand and government mandates for ethanol blending, the sector shows promise for growth. Factors such as profitability, financial health, and competitive landscape should be considered before investing. Angel One offers an easy platform for investing in sugar sector stocks like EID Parry and Balrampur Chini Mills. Evaluate stocks based on profitability and debt-to-equity ratios to make informed investment decisions aligned with your goals. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 424.3

-8.55 (-1.98%)

Volume

17,885

Market Cap

₹871 Cr

52W Low

₹354.40

52W High

₹830.50

LTP

₹ 20.63

-0.46 (-2.18%)

Volume

35,68,848

Market Cap

₹2,694 Cr

52W Low

₹16.50

52W High

₹44.84

LTP

₹ 555.95

-34.30 (-5.81%)

Volume

3,75,658

Market Cap

₹11,951 Cr

52W Low

₹419.05

52W High

₹691.80

LTP

₹ 3,750

-5.50 (-0.15%)

Volume

496

Market Cap

₹4,709 Cr

52W Low

₹3,000.30

52W High

₹4,444.00

LTP

₹ 371.35

-2.05 (-0.55%)

Volume

31,584

Market Cap

₹3,032 Cr

52W Low

₹291.00

52W High

₹585.00

LTP

₹ 158.84

-1.69 (-1.05%)

Volume

55,941

Market Cap

₹1,396 Cr

52W Low

₹142.11

52W High

₹214.45

LTP

₹ 85.05

-0.42 (-0.49%)

Volume

1,00,392

Market Cap

₹570 Cr

52W Low

₹57.34

52W High

₹163.93

LTP

₹ 127.79

-1.19 (-0.92%)

Volume

1,05,122

Market Cap

₹843 Cr

52W Low

₹110.00

52W High

₹234.00

LTP

₹ 91.16

-0.27 (-0.30%)

Volume

720

Market Cap

₹76 Cr

52W Low

₹77.99

52W High

₹142.00

LTP

₹ 8.55

0.00 (0.00%)

Volume

2,502

Market Cap

₹29 Cr

52W Low

₹0.00

52W High

₹8.70

LTP

₹ 41

-0.30 (-0.73%)

Volume

16,000

Market Cap

₹165 Cr

52W Low

₹29.96

52W High

₹47.24

LTP

₹ 39.28

-0.90 (-2.24%)

Volume

1,88,775

Market Cap

₹747 Cr

52W Low

₹34.42

52W High

₹80.34

LTP

₹ 1,128

-47.40 (-4.03%)

Volume

2,47,162

Market Cap

₹20,869 Cr

52W Low

₹639.00

52W High

₹1,246.80

LTP

₹ 0.58

0.00 (0.00%)

Volume

1

Market Cap

₹2 Cr

52W Low

₹0.00

52W High

₹0.58

LTP

₹ 12

-0.24 (-1.96%)

Volume

11,306

Market Cap

₹91 Cr

52W Low

₹7.02

52W High

₹24.50

LTP

₹ 258

-5.35 (-2.03%)

Volume

18,666

Market Cap

₹1,353 Cr

52W Low

₹145.00

52W High

₹408.60

LTP

₹ 93.81

0.86 (0.93%)

Volume

5,618

Market Cap

₹162 Cr

52W Low

₹79.00

52W High

₹166.80

LTP

₹ 2.1

0.10 (5.00%)

Volume

3,319

Market Cap

₹3 Cr

52W Low

₹0.00

52W High

₹2.10

LTP

₹ 32.21

-0.51 (-1.56%)

Volume

1,08,776

Market Cap

₹369 Cr

52W Low

₹30.01

52W High

₹61.40

LTP

₹ 97.95

2.35 (2.46%)

Volume

3,443

Market Cap

₹96 Cr

52W Low

₹61.00

52W High

₹187.00

LTP

₹ 27.95

-0.47 (-1.65%)

Volume

50,980

Market Cap

₹262 Cr

52W Low

₹25.30

52W High

₹42.79

LTP

₹ 29.82

-0.33 (-1.09%)

Volume

29,455

Market Cap

₹250 Cr

52W Low

₹27.72

52W High

₹59.88

LTP

₹ 329

6.45 (2.00%)

Volume

14,400

Market Cap

₹500 Cr

52W Low

₹32.05

52W High

₹329.00

LTP

₹ 545.55

-16.60 (-2.95%)

Volume

18,552

Market Cap

₹790 Cr

52W Low

₹440.05

52W High

₹1,010.00

LTP

₹ 88.1

-0.80 (-0.90%)

Volume

14,207

Market Cap

₹348 Cr

52W Low

₹78.43

52W High

₹137.00

LTP

₹ 4.5

0.00 (0.00%)

Volume

0

Market Cap

₹9 Cr

52W Low

₹0.00

52W High

₹4.50

LTP

₹ 45.75

0.89 (1.98%)

Volume

15

Market Cap

₹59 Cr

52W Low

₹5.39

52W High

₹45.75

LTP

₹ 7.2

-0.08 (-1.10%)

Volume

17,248

Market Cap

₹109 Cr

52W Low

₹6.24

52W High

₹11.57

LTP

₹ 288.4

-0.05 (-0.02%)

Volume

9,663

Market Cap

₹248 Cr

52W Low

₹267.00

52W High

₹561.00

LTP

₹ 38.38

0.08 (0.21%)

Volume

2,38,576

Market Cap

₹126 Cr

52W Low

₹35.60

52W High

₹80.47

LTP

₹ 14.2

-0.07 (-0.49%)

Volume

98,237

Market Cap

₹220 Cr

52W Low

₹12.02

52W High

₹23.87

LTP

₹ 5.25

0.25 (5.00%)

Volume

15,649

Market Cap

₹8 Cr

52W Low

₹0.00

52W High

₹5.25

LTP

₹ 21.22

-0.76 (-3.46%)

Volume

81,672

Market Cap

₹262 Cr

52W Low

₹19.00

52W High

₹45.00

LTP

₹ 40.35

-0.03 (-0.07%)

Volume

1,258

Market Cap

₹192 Cr

52W Low

₹35.05

52W High

₹79.00

LTP

₹ 4.91

-0.09 (-1.80%)

Volume

8,397

Market Cap

₹9 Cr

52W Low

₹4.54

52W High

₹9.39

LTP

₹ 29.17

-0.23 (-0.78%)

Volume

23,72,254

Market Cap

₹6,256 Cr

52W Low

₹24.71

52W High

₹56.50

LTP

₹ 14.8

0.01 (0.07%)

Volume

31,622

Market Cap

₹63 Cr

52W Low

₹12.12

52W High

₹29.76

LTP

₹ 233.85

5.95 (2.61%)

Volume

105

Market Cap

₹120 Cr

52W Low

₹201.00

52W High

₹431.00

LTP

₹ 6.8

0.00 (0.00%)

Volume

11,181

Market Cap

₹8 Cr

52W Low

₹0.00

52W High

₹7.30

LTP

₹ 337.45

-8.35 (-2.41%)

Volume

1,90,087

Market Cap

₹7,562 Cr

52W Low

₹313.10

52W High

₹536.00

LTP

₹ 41.71

0.12 (0.29%)

Volume

1,28,099

Market Cap

₹468 Cr

52W Low

₹38.91

52W High

₹93.15

LTP

₹ 264

-2.45 (-0.92%)

Volume

50,574

Market Cap

₹1,015 Cr

52W Low

₹171.51

52W High

₹396.00

LTP

₹ 8.79

-0.04 (-0.45%)

Volume

1,15,748

Market Cap

₹193 Cr

52W Low

₹7.82

52W High

₹21.99

LTP

₹ 7.57

0.36 (4.99%)

Volume

40,577

Market Cap

₹17 Cr

52W Low

₹0.00

52W High

₹7.57

LTP

₹ 322.7

-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

About the Sugar Sector

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.

Future Outlook of the Sugar Sector

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.

Things To Consider Before Investing in the Sugar Sector

  1. Check for Profitability: Prioritise companies that can remain profitable. Remember, external factors, like the costs of raw materials such as sugarcane, fertiliser, processing costs, etc., can impact profitability in the sugar sector. Check for an emphasis on technology for operational efficiency.
  2. Financial Fitness: Understand the financial health of individual companies. Scrutinise profitability, cash flow, and capital efficiency to assess their operational strength.
  3. Competitive Landscape: Map the major players in the Indian sugar market and their market shares. Prioritise established brands with proven track records, but stay alert to potential disruptors.
  4. Align with Your Goals: Consider your investment timeframe and objectives. Long-term capital appreciation requires companies with strong market positions and long-term growth potential.

How To Invest in Sugar Sector Stocks?

Investing in sugar sector stocks via Angel One is easy. Simply follow these steps:

  1. Log in to your Angel One account.
  2. Click on the search icon and look for your desired sugar sector stock.
  3. Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  4. To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are Sugar sector stocks?

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.

What are the top stocks from the Sugar sector in terms of market cap?

EID Parry, Shree Renuka Sugar, Balrampur Chini Mills, etc., are some of India’s biggest Sugar sector companies with publicly traded stocks.

How to evaluate Sugar sector stocks?

You may assess stocks based on financial health through metrics like profitability, debt-to-equity ratio, and operational efficiency.

Why should you invest in Sugar stocks?

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.

Which are the best Sugar sector stocks to invest in?

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.

Learn to Earn
Learn from our knowledge center curated by our experts, which will help you take informed decisions about your investments.
Learn to Earn

Open Free Demat Account!

Join our 3 Cr+ happy customers

Start an SIP at just ₹100!

Get the link to download the App

Send App Link