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Ugar Sugar Works spurts on commencing sugar production

11 Dec 2014 Evaluate

Ugar Sugar Works is currently trading at Rs. 10.27, up by 0.36 points or 3.63 % from its previous closing of Rs. 9.91 on the BSE.

The scrip opened at Rs. 10.11 and has touched a high and low of Rs. 10.27 and Rs. 10.11 respectively.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 17.35 on 04-Jun-2014 and a 52 week low of Rs. 9.00 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 10.25 and Rs. 9.65 respectively. The current market cap of the company is Rs. 113.96 crore.

The promoters holding in the company stood at 46.46 % while Non-Institutions held 53.54 %.

Ugar Sugar Works’ new crop sugar production i.e. crushing season 2014-15 of the Ugar unit (unit no 1) and Jewargi unit (unit no 2) have commenced with effect from November 30, 2014. Consequently generation and sale of power has also commenced from the same date.

Ugar Sugar Works has been involved in the manufacturing of white crystal sugar for over 65 years. This white crystal sugar is manufactured in the grades of M-30. S-30 and SS-30.

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