Best Sugar Stocks in India

Posted by : Ketan Sonalkar | Thu Apr 25 2024

Best Sugar Stocks in India

Sugar Stocks in India

Sit Back And Sip on that ice cream scoop this summer while chilling because these sugar investments are ready to sweeten up your portfolio. 

Sugar stocks have been favored by investors much like a sparkle on a sundae because they offer stable returns and growth potential. In this blog, we will learn about the best sugar stocks in India, and analyze their financial performance, market position, and growth prospects. 

Top 5 Sugar Stocks in India to Invest in:

Here is the list of the best sugar stocks in India to invest for the future:

1. Shree Renuka Sugars Ltd

Shree Renuka Sugars Ltd serves as one of the largest exporters of refined sugar from India. Shree Renuka Sugars Ltd has some very unique competitive advantages in the market. Boasting the integrated supply chain of Shree Renuka Sugars Ltd allows them to control their cost, maintain their quality, and check the efficiency throughout the process. Moreover, Shree Renuka Sugars Ltd with its global presence with its operations and exporting not only helps to diversify their revenue but also allows them to capture new markets. These competitive advantages of Shree Renuka Sugars Ltd make it a strong and resilient player in the sugar industry, making it one of the best sugar stocks to buy in India. 

S.no Stock Name Market Capitalization(in Cr) P/E Ratio 5 Years Returns (%)
1. Shree Renuka Sugars Ltd 9,420.7 NA 311.87

2. EID Parry

Eid Parry is sweetening the world with its products and in the investment world as well. Eid Parry sustains its market with a rich history for over a century, this shows its expertise and market presence. Eid Parry is undoubtedly a reliable choice for investors searching for stability and growth in their portfolios. Eid Parry earns its place in your portfolio as the best sugar stock. 

Something very attractive and valuable about Eid Parry, that will convince you to invest in the stocks, is that: EID Parry is committed to sustainable and ethical business practices. As an aware and responsible investor investing in a company that prioritizes environmental and social responsibility can turn into a potential investment and increase long-term value.  The company is significantly involved in its research and development, continually improving its products and efficiency by bringing innovative solutions. This stock can bring stability, growth, and value to your portfolio, making it a compelling option for all investors to select it as the best sugar stock in India.

S.no Stock Name Market Capitalization(in Cr) P/E Ratio 5 Years Returns (%)
1. EID Parry 11,095.74 12.93 216.13

3. Balrampur Chini Mills Limited

Balrampur Chini Mills Limited, founded in 1975, is one of the largest sugar manufacturing companies in India. It is one of the first sugar companies in the country to diversify its business from sugar to distillery and cogeneration. They lead, deliver, and accomplish their goals with utter efficiency.

BCML has a proven track record of steering its way through any industry challenges and capitalizing their growth opportunities. This strong vision and execution of operations with brilliance inspire confidence among investors.  

Balrampur Chini Mills Limited is set to capitalize on India’s growing sugar industry with its favorable industry outlook and attractive valuation. BCML’s sugar stocks in India could be the sweetest addition to your investment portfolio. 

S.no Stock Name Market Capitalization(in Cr) P/E Ratio 5 Years Returns (%)
1. Balrampur Chini Mills Ltd 7,829.9 13.37 164.28

4. Triveni Engineering and Industries Ltd

As Triveni Engineering and Industries Ltd’s tagline goes, “Powering Sugar, Empowering Lives,” this company will indeed empower your portfolio as well. Triveni Engineering is one of India’s leading sugar manufacturers with a rich history and proven track record in the industry. Beyond sugar, this company has also expanded its brand in various other sectors like water management, and renewable energy. That can offer all investors exposure to these sectors and multiply your value. With this expertise and longstanding presence in the market, Triveni Engineering and Industries Ltd is one of the best sugar stocks in India.

S.no Stock Name Market Capitalization(in Cr) P/E Ratio 5 Years Returns (%)
1. Triveni Engineering and Industries Ltd 7,791.7 18.36 435.15

5. Bajaj Hindusthan Sugar Ltd

Bajaj Hindustan Sugar Ltd presents an investment in a legacy of trust and resilience. The company holds strong management capabilities, making it a reliable investment option for all. Bajaj serves its customers’ demands both globally and internationally and is innovating its ways by investing significantly in its research and development to set it apart from its peers.

Investing in Bajaj Hindustan Sugar Ltd provides investors with an opportunity to be part of a legacy-driven company that combines tradition with innovation, resilience with growth, and trust with performance. Don’t miss out on investing in this company as it is indeed one of the best sugar stocks in India for your portfolio.

S.no Stock Name Market Capitalization(in Cr) P/E Ratio 5 Years Returns (%)
1. Bajaj Hindusthan Sugar Ltd 4,340.47 NA 293.68

Conclusion

In summary, Shree Renuka Sugars Ltd, EID Parry, Balrampur Chini Mills Limited, Triveni Engineering and Industries Ltd, and Bajaj Hindusthan Sugar Ltd represent strong investment opportunities in the sugar sector. Each company has its unique strengths, whether it be global market presence, sustainability initiatives, technological innovations, or efficient operations.

Investors should consider their risk tolerance, investment goals, and the broader economic landscape when making investment decisions in this sweet spot of the market. Diversifying across these best sugar stocks in India could potentially yield substantial returns over the long term.

Read more: Top FMCG Stocks in India 

Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. For more details/disclosures, visit at univest website and mobile application.

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