Sakthi Sugars Limited (SAKHTISUG.BO)
Sakthi Sugars Limited operates in the Food Confectioners industry of the Consumer Defensive sector, headquartered in Coimbatore, TN, IN. The stock last traded at $17.17, down 0.64% on the session, giving a market capitalisation of $2.03B. Its beta of 0.82 implies it has historically moved less than the broad market.
Sakthi Sugars Limited, headquartered in Coimbatore, India, is a key player in the production and distribution of sugar, with a market presence spanning India, South Korea, Malaysia, the Philippines, Vietnam, and the United Kingdom. The company's operations are diverse, encompassing segments dedicated to Sugar, Industrial Alcohol, Soya Products, and Power. Its product portfolio features a variety of sugars, including both white and refined types, alongside industrial alcohols such as rectified spirit, extra neutral alcohol/neutral spirit, and molasses-derived ethanol. Additionally, the firm offers sugar processing by-products like molasses, bagasse, and press mud, as well as bio earth products designed for use as organic fertilizers and soil enhancers, and a selection of soya goods. Sakthi Sugars also manages three cogeneration power plants, which collectively possess a generation capacity of 92 megawatts. Established in 1961, the company functions as a subsidiary of ABT Investments (India) Private Limited.
Sakthi Sugars Limited is most often compared with the following Consumer Defensive names: