Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
Please Wait...
LTP
5.30 (1.05%)
Volume
1,02,397
Market Cap
₹1,016 Cr
52W Low
₹354.40
52W High
₹830.50
LTP
0.21 (0.77%)
Volume
46,63,466
Market Cap
₹3,482 Cr
52W Low
₹16.50
52W High
₹46.10
LTP
12.30 (2.01%)
Volume
3,99,090
Market Cap
₹12,333 Cr
52W Low
₹419.05
52W High
₹691.80
LTP
-4.60 (-0.12%)
Volume
1,269
Market Cap
₹4,694 Cr
52W Low
₹3,000.30
52W High
₹4,444.00
LTP
3.40 (0.84%)
Volume
74,092
Market Cap
₹3,261 Cr
52W Low
₹291.00
52W High
₹585.00
LTP
3.90 (2.29%)
Volume
1,10,453
Market Cap
₹1,479 Cr
52W Low
₹142.11
52W High
₹231.90
LTP
6.59 (7.22%)
Volume
5,17,304
Market Cap
₹603 Cr
52W Low
₹57.34
52W High
₹163.93
LTP
1.45 (0.95%)
Volume
1,18,879
Market Cap
₹1,001 Cr
52W Low
₹110.00
52W High
₹234.00
LTP
0.00 (0.00%)
Volume
4,786
Market Cap
₹79 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
-0.50 (-1.15%)
Volume
28,000
Market Cap
₹173 Cr
52W Low
₹29.96
52W High
₹47.24
LTP
0.43 (0.90%)
Volume
2,13,597
Market Cap
₹881 Cr
52W Low
₹34.42
52W High
₹80.34
LTP
3.50 (0.30%)
Volume
2,11,439
Market Cap
₹20,618 Cr
52W Low
₹639.00
52W High
₹1,169.90
LTP
0.00 (0.00%)
Volume
1
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹0.58
LTP
-0.25 (-2.08%)
Volume
69,190
Market Cap
₹89 Cr
52W Low
₹7.02
52W High
₹26.50
LTP
-2.19 (-0.75%)
Volume
67,121
Market Cap
₹1,474 Cr
52W Low
₹145.00
52W High
₹408.60
LTP
0.50 (0.46%)
Volume
5,926
Market Cap
₹188 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
-0.09 (-0.26%)
Volume
1,37,147
Market Cap
₹397 Cr
52W Low
₹31.11
52W High
₹61.40
LTP
4.93 (6.26%)
Volume
3,105
Market Cap
₹79 Cr
52W Low
₹61.00
52W High
₹187.00
LTP
0.13 (0.46%)
Volume
63,406
Market Cap
₹260 Cr
52W Low
₹25.30
52W High
₹44.50
LTP
0.64 (1.73%)
Volume
29,108
Market Cap
₹308 Cr
52W Low
₹31.30
52W High
₹63.15
LTP
3.75 (2.00%)
Volume
25,200
Market Cap
₹291 Cr
52W Low
₹32.05
52W High
₹191.60
LTP
3.70 (0.56%)
Volume
9,070
Market Cap
₹924 Cr
52W Low
₹440.05
52W High
₹1,010.00
LTP
0.07 (0.07%)
Volume
59,496
Market Cap
₹391 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
0.69 (1.99%)
Volume
1
Market Cap
₹45 Cr
52W Low
₹5.39
52W High
₹35.43
LTP
0.03 (0.38%)
Volume
11,399
Market Cap
₹117 Cr
52W Low
₹6.24
52W High
₹11.57
LTP
0.25 (0.08%)
Volume
9,605
Market Cap
₹286 Cr
52W Low
₹267.00
52W High
₹596.90
LTP
0.18 (0.38%)
Volume
10,704
Market Cap
₹155 Cr
52W Low
₹35.60
52W High
₹84.00
LTP
-0.03 (-0.19%)
Volume
1,34,951
Market Cap
₹244 Cr
52W Low
₹12.02
52W High
₹27.25
LTP
0.25 (5.00%)
Volume
15,649
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹5.25
LTP
0.30 (1.19%)
Volume
1,36,485
Market Cap
₹300 Cr
52W Low
₹19.00
52W High
₹45.00
LTP
-2.40 (-4.99%)
Volume
3,691
Market Cap
₹229 Cr
52W Low
₹35.05
52W High
₹85.92
LTP
-0.03 (-0.55%)
Volume
29,480
Market Cap
₹10 Cr
52W Low
₹4.75
52W High
₹13.58
LTP
0.21 (0.65%)
Volume
23,98,981
Market Cap
₹6,869 Cr
52W Low
₹24.71
52W High
₹56.50
LTP
-0.06 (-0.35%)
Volume
18,515
Market Cap
₹69 Cr
52W Low
₹12.12
52W High
₹30.63
LTP
-13.15 (-4.90%)
Volume
2,579
Market Cap
₹141 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
-0.85 (-0.23%)
Volume
3,56,715
Market Cap
₹7,991 Cr
52W Low
₹313.10
52W High
₹536.00
LTP
0.74 (1.52%)
Volume
93,013
Market Cap
₹549 Cr
52W Low
₹39.06
52W High
₹93.15
LTP
5.80 (2.02%)
Volume
33,767
Market Cap
₹1,092 Cr
52W Low
₹171.51
52W High
₹396.00
LTP
0.04 (0.41%)
Volume
1,72,532
Market Cap
₹213 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
3.65 (1.39%)
Volume
46,490
Market Cap
₹783 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.
Open Free Demat Account!
Join our 3 Cr+ happy customers