Sugar stocks are rising due to greater demand for sugar, government backing, and the growth of sugar companies in areas like ethanol production and the cogeneration of power.
Shree Renuka Sugars, a leading sugar company based in India. The company has faced headwinds recently due to falling sugar prices and high debt levels. Despite the challenges, Shree Renuka Sugars maintains a strong market position in India and Brazil.
Balrampur Chini Mills is one of the largest integrated sugar manufacturers in India. The company’s stock price has performed well recently on the back of rising sugar prices and increased exports.
Triveni is investing to expand its distillery and cogeneration capabilities alongside the sugar business. It aims to strengthen revenues by diversifying into higher margin businesses.
EID Parry is a major sugar producer in India with operations across the sugar value chain. The company is focusing on cost optimization and strengthening its balance sheet to ride out downturns.
Bajaj Hindusthan Sugar is India’s largest sugar company with a strong presence across the sugar value chain. However, the company has struggled financially in recent years due to industry headwinds.
This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
SwipeUp to Visit