Top Sugar Stocks in India by Market Capitalization

India’s sugar industry is more than just sweet—it powers rural livelihoods, fuels energy solutions, and ranks as the second largest agro-based sector. Explore the top sugar stocks that drive this dynamic sector. Data as of 5th December 2024. Source – NSE.

The Backbone of Agro-Economy

India leads globally in sugar production and ranks second in exports. From meeting household needs to advancing ethanol-based energy, the sugar industry plays a pivotal role in rural development and sustainable energy initiatives. Data as of 5th December 2024. Source – NSE.

EID Parry

Market cap: ₹15,917.08 Cr. EID Parry, headquartered in Chennai, is a pioneer in sugar production. The company produces organic sugar and ethanol, contributing to sustainability efforts. Data as of 5th December 2024. Source – NSE.

Balrampur Chini

Market cap: ₹11,832.49 Cr. Balrampur Chini, based in Uttar Pradesh, is a leading producer of sugar and ethanol. The company is also known for its innovative power cogeneration plants. Data as of 5th December 2024. Source – NSE.

Triveni Engineering

Market cap: ₹9,475.00 Cr. Triveni Engineering, headquartered in Noida, specializes in sugar production, ethanol manufacturing, and water treatment solutions. It plays a key role in supporting the agro-economy. Data as of 5th December 2024. Source – NSE.

Shree Renuka Sugars

Market cap: ₹9,161.02 Cr. Shree Renuka Sugars, based in Maharashtra, focuses on ethanol production and sugar refining. The company is also a leader in renewable energy solutions. Data as of 5th December 2024. Source – NSE.

Bannari Amman Sugars

Market cap: ₹4,656.62 Cr. Bannari Amman Sugars, headquartered in Tamil Nadu, is a renowned sugar producer. The company also operates distilleries and power generation units. Data as of 5th December 2024. Source – NSE.

Bajaj Hindusthan Sugar

Market cap: ₹4,355.80 Cr. Bajaj Hindusthan Sugar, located in Uttar Pradesh, is one of the largest sugar manufacturers in India. It also focuses on ethanol production and power generation. Data as of 5th December 2024. Source – NSE.

Dalmia Bharat Sugar

Market cap: ₹3,490.51 Cr. Dalmia Bharat Sugar, headquartered in Uttar Pradesh, leads in sugar manufacturing and ethanol production, with a focus on eco-friendly practices. Data as of 5th December 2024. Source – NSE.

DCM Shriram Industries

Market cap: ₹1,601.96 Cr. DCM Shriram Industries, based in Haryana, produces high-quality sugar and ethanol. The company has diversified into chemicals and agro-industries. Data as of 5th December 2024. Source – NSE.

Dhampur Sugar Mills

Market cap: ₹1,226.02 Cr. Dhampur Sugar Mills, headquartered in Uttar Pradesh, is known for sugar production, ethanol manufacturing, and power cogeneration from bagasse. Data as of 5th December 2024. Source – NSE.

Avadh Sugar & Energy

Market cap: ₹1,225.03 Cr. Avadh Sugar & Energy, based in Bihar, specializes in sugar refining and ethanol production, contributing to India’s energy and food sectors. Data as of 5th December 2024. Source – NSE.

Summary

India’s sugar sector is a powerhouse of innovation and sustainability. With companies leading in ethanol production, rural development, and green energy, these sugar stocks play a vital role in shaping the nation’s economy. Data as of 5th December 2024. Source – NSE.