Simbhaoli Sugars Limited (SIMBHALS.BO)
Simbhaoli Sugars Limited operates in the Food Confectioners industry of the Consumer Defensive sector, headquartered in Noida, UP, IN. The stock last traded at $6.90, down 2.82% on the session, giving a market capitalisation of $279.3M. Its beta of 0.21 implies it has historically moved less than the broad market.
Simbhaoli Sugars Limited, established in 1933 and headquartered in Noida, India, primarily engages in the production and distribution of sugar across India. The company's business activities are structured into two main divisions: Sugar and Alcohol. It markets a range of sugar products: conventional sugar is sold under the TRUST brand; its Sunehra brand features brown mineral and coffee sugar, alongside jaggery and powdered jaggery; and cane sugar is offered through the G-Low brand. Beyond its core sugar offerings, Simbhaoli also provides instant fruit beverage mixes and coconut water under the SIPP label. The TRUST brand additionally extends to hygiene products, including hand sanitizers and multi-surface disinfectants. For agricultural needs, the SOM brand supplies organic bio-manures, bio-compost, various plant nutrients, plant growth regulators, and herbicides. Furthermore, the company has diversified into offering logistics and transport services, agricultural advisory services, and technology and engineering consulting. It is also involved in the manufacturing of ethanol. Supporting its operations, Simbhaoli Sugars operates two co-generation power facilities with a combined electricity generation capacity of 108 MWH.
Simbhaoli Sugars Limited is most often compared with the following Consumer Defensive names: