5 Best Sugar Stocks To Buy In 2024

Published : 3 June 2024

Dalmia Bharat 

The company enjoys low PE and high FPI investments, making it a good ethanol stock buy. It is currently trading at around Rs. 1855.55 with an ROCE of 6.25% and an ROE of 5.03%. Its OPM is .91%.

Triveni Engineering and Industries 

The company has a promising EPS and a low debt, making it a good buy for ethanol stocks. Its share price is around Rs.332.45. Brokers have upgraded their recommendation for this stock. Its ROCE, ROE, and OPM are 17.57%, 13.62%, and 11.99%, respectively.

Bajaj Hindusthan Sugar 

The Company shares are trading at around Rs. 420.00 at present with ROCE of 20.20% and ROE of 16.22%. While the OPM is around 36.24%.

Balrampur Chini 

The company has a daily production capacity of 1,050 kilo litres. With its low PE ratio, it is a good undervalued stock. It is trading around Rs. 391.30 with an ROCE of 20.16% and an ROE of 15.71%. Its OPM is around 14.29%.

Shree Renuka Sugars 

It is owned by Wilmar Group. With its low PE ratio, it is a good buy for investors. Its shares are trading at around Rs. 41.05 at present with ROCE and ROE of 20.90% and -% while the OPM is noted at 4.03%.