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LTP
9.35 (1.45%)
Volume
94,670
Market Cap
₹1,310 Cr
52W Low
₹479.55
52W High
₹855.00
LTP
-0.05 (-0.12%)
Volume
1,61,78,643
Market Cap
₹5,347 Cr
52W Low
₹15.90
52W High
₹44.95
LTP
5.70 (1.28%)
Volume
52,34,024
Market Cap
₹9,078 Cr
52W Low
₹343.50
52W High
₹485.90
LTP
-41.50 (-1.24%)
Volume
3,534
Market Cap
₹4,137 Cr
52W Low
₹2,189.20
52W High
₹3,489.90
LTP
6.35 (1.57%)
Volume
1,31,812
Market Cap
₹3,331 Cr
52W Low
₹338.05
52W High
₹490.00
LTP
0.00 (0.00%)
Volume
2,10,82,750
Market Cap
₹807 Cr
52W Low
₹6.72
52W High
₹11.50
LTP
6.34 (2.90%)
Volume
5,84,055
Market Cap
₹1,962 Cr
52W Low
₹87.50
52W High
₹242.50
LTP
0.00 (0.00%)
Volume
84,492
Market Cap
₹923 Cr
52W Low
₹112.40
52W High
₹188.50
LTP
-0.80 (-0.36%)
Volume
6,63,190
Market Cap
₹1,462 Cr
52W Low
₹191.10
52W High
₹325.75
LTP
2.25 (2.49%)
Volume
11,002
Market Cap
₹74 Cr
52W Low
₹42.00
52W High
₹116.29
LTP
0.00 (0.00%)
Volume
2,502
Market Cap
₹29 Cr
52W Low
₹0.00
52W High
₹8.70
LTP
0.00 (0.00%)
Volume
1,72,000
Market Cap
₹99 Cr
52W Low
₹32.15
52W High
₹57.90
LTP
0.00 (0.00%)
Volume
17,28,589
Market Cap
₹1,411 Cr
52W Low
₹62.00
52W High
₹109.80
LTP
-0.04 (-3.57%)
Volume
2,500
Market Cap
₹3 Cr
52W Low
₹0.00
52W High
₹1.10
LTP
0.90 (0.11%)
Volume
5,94,317
Market Cap
₹14,097 Cr
52W Low
₹452.70
52W High
₹833.00
LTP
0.00 (0.00%)
Volume
1
Market Cap
₹2 Cr
52W Low
₹0.00
52W High
₹0.58
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹155 Cr
52W Low
₹0.00
52W High
₹29.41
LTP
0.25 (0.22%)
Volume
7,138
Market Cap
₹198 Cr
52W Low
₹66.11
52W High
₹125.00
LTP
0.10 (5.00%)
Volume
3,319
Market Cap
₹3 Cr
52W Low
₹0.00
52W High
₹2.10
LTP
0.00 (0.00%)
Volume
14,45,204
Market Cap
₹587 Cr
52W Low
₹24.30
52W High
₹54.50
LTP
-3.55 (-1.99%)
Volume
2,248
Market Cap
₹176 Cr
52W Low
₹73.00
52W High
₹196.40
LTP
0.00 (0.00%)
Volume
1,34,776
Market Cap
₹394 Cr
52W Low
₹25.55
52W High
₹50.40
LTP
1.23 (2.05%)
Volume
7,64,840
Market Cap
₹508 Cr
52W Low
₹42.40
52W High
₹71.70
LTP
0.00 (0.00%)
Volume
6,00,000
Market Cap
₹98 Cr
52W Low
₹36.00
52W High
₹87.00
LTP
0.00 (0.00%)
Volume
63,097
Market Cap
₹1,127 Cr
52W Low
₹404.00
52W High
₹865.65
LTP
-3.09 (-2.49%)
Volume
3,10,274
Market Cap
₹473 Cr
52W Low
₹83.40
52W High
₹136.10
LTP
0.00 (0.00%)
Volume
0
Market Cap
₹9 Cr
52W Low
₹0.00
52W High
₹4.50
LTP
0.24 (4.90%)
Volume
400
Market Cap
₹7 Cr
52W Low
₹4.45
52W High
₹5.14
LTP
0.09 (0.81%)
Volume
0
Market Cap
₹166 Cr
52W Low
₹0.00
52W High
₹17.51
LTP
0.00 (0.00%)
Volume
1,05,317
Market Cap
₹490 Cr
52W Low
₹363.25
52W High
₹598.90
LTP
1.55 (2.02%)
Volume
2,43,430
Market Cap
₹259 Cr
52W Low
₹40.20
52W High
₹101.90
LTP
0.09 (0.34%)
Volume
19,43,209
Market Cap
₹402 Cr
52W Low
₹18.20
52W High
₹30.40
LTP
0.25 (5.00%)
Volume
15,649
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹5.25
LTP
-0.11 (-0.28%)
Volume
6,04,480
Market Cap
₹471 Cr
52W Low
₹23.90
52W High
₹46.75
LTP
-3.76 (-5.00%)
Volume
0
Market Cap
₹358 Cr
52W Low
₹0.00
52W High
₹85.92
LTP
-0.27 (-1.99%)
Volume
4,552
Market Cap
₹25 Cr
52W Low
₹5.03
52W High
₹16.90
LTP
0.41 (0.83%)
Volume
1,47,41,849
Market Cap
₹10,574 Cr
52W Low
₹36.55
52W High
₹57.25
LTP
0.00 (0.00%)
Volume
1,71,607
Market Cap
₹121 Cr
52W Low
₹23.25
52W High
₹38.50
LTP
-6.60 (-1.99%)
Volume
4,299
Market Cap
₹170 Cr
52W Low
₹115.05
52W High
₹389.80
LTP
0.00 (0.00%)
Volume
11,181
Market Cap
₹8 Cr
52W Low
₹0.00
52W High
₹7.30
LTP
1.95 (0.47%)
Volume
7,45,115
Market Cap
₹9,207 Cr
52W Low
₹267.50
52W High
₹434.85
LTP
0.00 (0.00%)
Volume
4,27,889
Market Cap
₹929 Cr
52W Low
₹64.05
52W High
₹135.90
LTP
0.00 (0.00%)
Volume
1,32,055
Market Cap
₹1,309 Cr
52W Low
₹275.00
52W High
₹535.80
LTP
0.00 (0.00%)
Volume
10,76,016
Market Cap
₹318 Cr
52W Low
₹14.10
52W High
₹20.05
LTP
0.36 (4.99%)
Volume
40,577
Market Cap
₹17 Cr
52W Low
₹0.00
52W High
₹7.57
LTP
-7.90 (-2.01%)
Volume
2,88,322
Market Cap
₹1,148 Cr
52W Low
₹136.10
52W High
₹423.40
With Zero Brokerage on Equity Delivery
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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