HDFC Mutual Fund holds around a 2.65 per cent stake in the company.

Davangere Sugar is already a key player, with a production capacity of 65 KLPD (Kilolitres Per Day)

 If you’ve been following the market, you might have noticed names like Triveni Engineering, Dalmia Bharat Sugar, and Bannari Amman posting impressive returns.

The shares of the company have delivered a return of over 165 per cent to its shareholders in just 1 year only.

The company's shares have delivered an impressive return of over 70 percent in just 3 months.

Promoter bought Rs 4,26,00,000 worth of shares of this debt-free sugar company.

Today, there is significant investor attention towards sugar stocks, resulting in robust participation.

The growth of sugar and ethanol producer Bajaj Hindusthan Sugar Limited has been amazing with a significant expansion phase from 2003 to 2007 that led to the creation of eight new plants, elevating the total cane crushing capacity to 96,000 tonnes per day. However, there are certain challenging dynamics that need to be overcome 

Sugar stocks displayed a remarkable upswing in consecutive trading sessions, with the majority of them reaching new 52-week highs on the bourses today.

Led by well-planned government initiatives and the beefing up of infrastructure, Bhavya Rathod explains how India’s agriculture sector is bounding ahead at a rapid pace, primarily on account of exports. In the coming years, the country is all set to create a strong global footprint with leads in sugar, Basmati rice, fisheries and food processing 

The government announced that the goods and services tax (GST) on sugar will be reduced from 18 per cent to 5 per cent and will also increase the sugar export quota for the financial year 2022-2023.

Watch out for these stocks in Monday’s trading session!