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Andhra Sugars Ltd.

BSE: 590062 Sector: Others
NSE: ANDHRSUGAR ISIN Code: INE715B01021
BSE 00:00 | 31 Jan 130.45 2.00
(1.56%)
OPEN

129.70

HIGH

131.35

LOW

127.85

NSE 00:00 | 31 Jan 130.85 2.10
(1.63%)
OPEN

129.95

HIGH

131.50

LOW

127.70

OPEN 129.70
PREVIOUS CLOSE 128.45
VOLUME 8758
52-Week high 177.50
52-Week low 112.55
P/E 8.22
Mkt Cap.(Rs cr) 1,768
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 129.70
CLOSE 128.45
VOLUME 8758
52-Week high 177.50
52-Week low 112.55
P/E 8.22
Mkt Cap.(Rs cr) 1,768
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Andhra Sugars Ltd. (ANDHRSUGAR) - Company History

Andhra Sugarsincorporated in 1947 is engaged in the manufacture and sale of sugarOrganic and Inorganic Chemcials.Edible & Non-Edible Vegetable Oils and Non-Conventional Power Generation at TanukuKovvurGunturTaduvaiSaggonda and Ramagiri in Andhra Pradesh. The Tanuku plant manufactures 5000 TCD of Sugars and Taduvai plant 2500 TCD. Its by-product Molasses which is the raw material for Sugar is being produced @ 15 KL per day capacity in the initial stage in the Alcohol plant at Tanuku. Later this was increased to 30 KL per day.Bagasse is being used for Co-generation of Electricity.The Caustic Soda plant is having production capacity of about 112000 MT per annum. The by-products for Caustic Soda plants are Hydrogen and Chlorine. The production capacities of Caustic Soda at Saggonda plant were increased from 100 TPD to 175 TPD to meet the future demand for Caustic Soda and other Chloro-alkali Industry products. Andhra Sugars also operates 2.025 MW Wind power at Ramagiri and a Co-generation power plant at Taduvai. Since the company owns 2 Caustic Soda plant where Electricity is the raw material along with saltit is necessary to have access to power at economical costs.In 1994 the company came out with the second public issue of Rs. 11.30 lac. The company modernised the plant to incorporate the DCDA process in its sulphuric acid plant and commissioned an aspirin granulation plant built with indigenous technology. A sulphuric acid plant of 250 tpd was set up at the new chemical complex at Saggonda. It came out with a rights issue of NCDs to part-finance the project. In Feb 2000 and Feb 2001 the company as per its Letter of Offer redeemed the first and second installement of NCD. JOCIL Andhra Farm Chemicals Corporation and Hindustan Allied Chemicals are the subsidiaries of the company. The company has been selected by ISRO for setting up a plant for the manufacture of HTPB. This plant is expected to be commissioned in the current financial year.

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