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!

India's determination to promote biofuel use has resulted in a tremendous growth in ethanol output during the previous five years, which is still on-going.

Ugar Sugar Works, the top BSE Smallcap gainer, soared more than 16 per cent on a 10-fold surge in volume and traded at a 52-week high.

Interestingly, the book value of the company is Rs 17 and currently, it is quoting below its book value as the current market price stands at Rs 10.90.

On Thursday, the domestic benchmark indices closed on a positive note taking cues from FII buying, which helped them to handle the downward pressure from global markets. 

Dwarikesh Sugar Industries Ltd is primarily engaged in the manufacturing of sugar and allied products. It has a strong presence in fields such as sugar manufacturing, power, and ethanol/industrial alcohol production. 

The stock has been gaining for the past five consecutive sessions, and has gained over 25.75 per cent. 

On Tuesday, the equity markets saw a highly volatile session and the benchmark indices ended lower with Nifty settling below 17,000 mark.

The core equity indices ended in red with Nifty below 16500 in the highly volatile market on Thursday dragged by the auto and financial names. Sensex dropped 0.66 per cent closing at 55,102.68 level and Nifty closed 0.65 per cent lower at the 16,498 level.