Rana Sugars Limited (RANASUG.BO)
Rana Sugars Limited operates in the Food Confectioners industry of the Consumer Defensive sector, headquartered in Chandigarh, PU, IN. The stock last traded at $13.10, down 0.46% on the session, giving a market capitalisation of $2.01B. Its beta of 0.08 implies it has historically moved less than the broad market.
Established in 1991 and headquartered in Chandigarh, India, Rana Sugars Limited operates as an Indian company primarily engaged in the production of sugar, ethanol, and the co-generation of power. Its business activities are structured across three distinct divisions: sugar manufacturing, ethanol/ENA production, and electricity generation. The company's diverse product range encompasses various forms of sugar, including double refined white sulphurless, plantation white, and raw sugar, alongside specialized sugar derived from sugar beet. It also provides molasses and bagasse. Beyond sugar, Rana Sugars supplies ethanol, liquor, and a selection of alcohol grades, such as rectified spirit and potable extra neutral alcohol. Furthermore, the company leverages bagasse and other sugar by-products to generate electrical power. A notable offering from its operations is sugar beet pulp, which is marketed for use as cattle feed.
Rana Sugars Limited is most often compared with the following Consumer Defensive names: