Best Sugar Stocks to Buy in India

Tanushree Jaiswal Tanushree Jaiswal

Last Updated: 5th April 2025 - 12:25 am

4 min read

Best Sugar Stocks to Buy in India

As of: 30 Jun, 2023 3:29 PM (IST)

Company LTP Market Cap (Cr.) PE Ratio 52W High 52W Low
Shree Renuka Sugars Ltd. 26.12 ₹ 5,559.60 -11.10 56.50 24.71
Dhampur Sugar Mills Ltd. 117.82 ₹ 770.40 14.00 254.79 110.00
Balrampur Chini Mills Ltd. 520.65 ₹ 10,512.00 25.60 691.80 352.00
Triveni Engineering & Industries Ltd. 363.85 ₹ 7,964.60 36.00 536.00 267.50
Bajaj Hindusthan Sugar Ltd. 17.56 ₹ 2,243.00 -14.70 46.10 16.50
Dalmia Bharat Sugar and Industries Ltd. 354.45 ₹ 2,868.90 10.60 585.00 291.00
Simbhaoli Sugars Ltd. 13.50 ₹ 55.70 6.30 37.38 12.12
Mawana Sugars Ltd. 85.51 ₹ 334.50 3.50 137.00 78.43
Dharani Sugars & Chemicals Ltd. 8.55 ₹ 28.40 -0.80 - -

Overview of Best Sugar Stocks in India

Shree Renuka Sugars Limited: 
Shree Renuka Sugars is one of the biggest sugar makers in India, with operations spanning across multiple states. The company has a strong foothold in the local and foreign markets, sending its goods to different countries. Shree Renuka Sugars has a wide product range, including sugar, ethanol, and power cogeneration generation.

Dhampur Sugar Mills Limited:
Dhampur Sugar Mills is a major integrated sugar company in India, with a strong presence in Uttar Pradesh and Uttarakhand. The company has a well-diversified product mix, including sugar, ethanol, and power cogeneration. Dhampur Sugar Mills strongly focuses on sustainability and has adopted various efforts to lower its carbon footprint.

Balrampur Chini Mills Limited: 
Balrampur Chini Mills is one of the biggest sugar makers in India, with a significant position in Uttar Pradesh. The company has a diverse product mix, including sugar, ethanol, and power cogeneration. Balrampur Chini Mills is known for its quick operations and dedication to sustainable practices.

Triveni Engineering & Industries Limited: 
Triveni Engineering & Industries is a diversified company with a strong foothold in the sugar business. The company has a well-established sugar business with plants in Uttar Pradesh. Triveni industrial & Industries also has a foothold in the industrial and power fields, offering diverse benefits.

Bajaj Hindusthan Sugar Limited: 
Bajaj Hindusthan Sugar is a major sugar producer in India, with operations across multiple states. The company has a strong foothold in the local market and is also involved in producing ethanol and power generation. Bajaj Hindusthan Sugar focuses on safe practices and has adopted various efforts to lower its environmental effects.

Dalmia Bharat Sugar and Industries Limited: 
Dalmia Bharat Sugar is a major sugar company in India, with businesses mainly in Uttar Pradesh and Maharashtra. The company has a diverse product mix, including sugar, ethanol, and power cogeneration. Dalmia Bharat Sugar is known for its attention to business efficiency and ecological practices.

Simbhaoli Sugars Limited: 
Simbhaoli Sugars is a major sugar company in India, mainly in Uttar Pradesh. The company has a diverse product mix, including sugar, ethanol, and power cogeneration. Simbhaoli Sugars is known for its focus on creativity and safe practices.

Mawana Sugars Limited: 
Mawana Sugars is a major sugar company in India, with activities mainly in Uttar Pradesh and Punjab. The company has a strong foothold in the local market and is also involved in producing ethanol and power generation. Mawana Sugars is known for its attention to quality and customer happiness.

Dharani Sugars and Chemicals Limited: 
Dharani Sugars and Chemicals is a major sugar company in India, primarily in Tamil Nadu and Karnataka. The company has a diverse product mix, including sugar, ethanol, and power cogeneration. Dharani Sugars and Chemicals is known for its attention to operating efficiency and safe practices.


Benefits of Investing in the best sugar stocks to buy

Investing in best sugar stocks to buy can offer several benefits to buyers, including:
● Defensive Nature: The sugar business is called a defensive sector, as the demand for sugar stays generally steady, even during economic downturns. This makes sugar stocks attractive for those wanting security and regular profits.
● Diversification: Adding sugar stocks to an investment portfolio can provide diversification benefits, as the success of these stocks is often uncorrelated with other areas, such as technology or finance.
● Growth Potential: With the increasing demand for sugar and the growing use of sugar in different industries, the sugar industry has significant growth potential. Companies with efficient operations and new goods can profit from this growth and generate attractive returns for investors.
● Dividend Income: Many sugar companies have a track record of giving stable dividends, giving owners a steady income.
● Government Support: The Indian government provides various funding and support measures to the sugar industry, which can positively impact the revenue and security of sugar businesses.

Factors To Consider Before Investing in Top Sugar Stocks in India

Here are some factors while choosing best sugar stocks to buy in india 2025:
● Regulatory Environment: The sugar business in India is highly controlled by the government, and changes in policies or laws can significantly impact the success of sugar companies.
● Cyclical Nature: The sugar business is cyclical, with times of surplus and lack affecting prices and revenue.
● Climatic Conditions: Sugar production is highly dependent on climatic conditions, and destructive weather patterns can impact sugarcane output, changing the performance of sugar companies.
● Competition: The sugar industry is highly competitive, and companies must continually improve their business efficiency and product lines to keep their market share.
● Diversification: Companies with a diverse product range, including ethanol and power production, may be better positioned to minimize risks and capitalize on growth possibilities.

Why Should You Invest in the Best Sugar Stocks in India?

For several reasons, investing in the top sugar stocks in India can be an attractive option. Firstly, the sugar industry plays a crucial part in the Indian economy, and the demand for sugar will likely continue growing due to population growth and changing food habits. Additionally, the Indian government's support for the sugar industry through various policies and funding offers a good setting for sugar companies to run and grow.


Moreover, many sugar companies in India have expanded their product lines, moving into areas such as ethanol production and cogeneration of power. This diversification mitigates threats and opens up new income streams and growth possibilities.

Conclusion

Top sugar stocks in India offer good investment possibilities for those looking to broaden their portfolios and benefit from the steady demand for sugar. By carefully analyzing and investing in the best sugar stocks, investors can generate attractive returns and share in the growth of this vital industry.
 

Disclaimer: This blog is intended solely for educational purposes. The securities and investments mentioned are not to be construed as recommendations.

Frequently Asked Questions

How do I buy in sugar stocks?  

Why are sugar stocks growing? 

Which sugar stock should you buy in the long term? 

Some of the sugar stocks that can be considered for long-term investment include Shree Renuka Sugars Limited, Dhampur Sugar Mills Limited, Balrampur Chini Mills Limited, and Triveni Engineering & Industries Limited, based on their strong financial performance, diversified product portfolios, and growth prospects. 

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