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Mawana Sugars zooms on the bourses

20 Aug 2018 Evaluate

Mawana Sugars is currently trading at Rs. 42.75, up by 3.70 points or 9.48% from its previous closing of Rs. 39.05 on the BSE.

The scrip opened at Rs. 40.40 and has touched a high and low of Rs. 44.00 and Rs. 40.30 respectively. So far 34160 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.90 on 11-Sep-2017 and a 52 week low of Rs. 30.10 on 15-May-2018.

Last one week high and low of the scrip stood at Rs. 44.00 and Rs. 38.30 respectively. The current market cap of the company is Rs. 167.81 crore.

The promoters holding in the company stood at 63.50%, while Institutions and Non-Institutions held 1.82% and 34.69% respectively.

Mawana Sugars has received an approval for installation of incinerator boiler, evaporators and bagasse shed at its Nanglamal Sugar Complex unit in the state of Uttar Pradesh (UP) with an estimated cost of Rs 29.00 crore. The Board of Directors of the company at their meeting held on August 17, 2018, approved the same.

The board has also approved the proposal to explore the possibility of expansion of NSC distillery by 30 KLPD i.e. from 120 KLPD to 150 KLPD with a view to evaluating the project economics vis-a-vis availability of molasses, bagasse etc. The company has also received approval to apply to Government of India Department of Food and Public Distribution (DFPD) for putting up a new Distillery of 120 KLPD at Mawana Sugar Works (UP) a unit of the company.

Mawana Sugars has been engaged in the business of manufacture and selling of chemicals, sugar and edible oils.

Mawana Sugars Share Price

104.34 2.96 (2.92%)
17-Apr-2026 16:59 View Price Chart
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