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Mawana Sugars Ltd.

BSE: 523371 Sector: Agri and agri inputs
NSE: MAWANASUG ISIN Code: INE636A01039
BSE 10:47 | 15 Apr 39.00 0.50
(1.30%)
OPEN

39.25

HIGH

39.25

LOW

37.80

NSE 10:39 | 15 Apr 39.05 0.60
(1.56%)
OPEN

38.40

HIGH

39.15

LOW

37.30

OPEN 39.25
PREVIOUS CLOSE 38.50
VOLUME 1400
52-Week high 44.15
52-Week low 20.95
P/E
Mkt Cap.(Rs cr) 153
Buy Price 38.70
Buy Qty 6.00
Sell Price 39.00
Sell Qty 6.00
OPEN 39.25
CLOSE 38.50
VOLUME 1400
52-Week high 44.15
52-Week low 20.95
P/E
Mkt Cap.(Rs cr) 153
Buy Price 38.70
Buy Qty 6.00
Sell Price 39.00
Sell Qty 6.00

Mawana Sugars Ltd. (MAWANASUG) - Company History

SIEL Ltd (formerly Shriram Industrial Enterprises (SIEL)) a part of the Siddharth Shriram group is a well-diversified company having presence in Chlor-Alkali(Caustic Soda and its by-products) Sugar and Edible Oils. The company is also into manufacture of Stable Bleaching Powder Soap providing consultancy services. SIEL's Chlor Alkali plant is located at Rajpura near Patiala in Punjab. The Chlor alkali plant at Rajpura which was an green field project set up with an installed capacity of 228 tpd. The commercial production at the chemical complex at Rajpura has commenced on Feb 1 1999.The sugar business of the company which was spined off into a separate subsidiary i.e Siel Sugars Ltd w.e.f. Oct 1 2002 has two plants in UP. Further the company has incorporated two more subsidiaries i.e Shivajimarg Properties Ltd a subsidiary of SIEL Ltd and Siel Holdings Ltd a subsidiary of Siel Sugars Ltd to carry out its plan of restructuring. The investment of the company in its JV. Daikin Shriram Airconditioning Pvt Ltd (DSAPL) is to be transferred to Siel Holdings Ltd. SIEL received the ISO 9001 certificate for air conditioning compressors produced in technical collaboration with Tecumseh Products Company US. The company has also entered into a technical collaboration with Plansee Tizit Austria to manufacture tungsten carbide tools at India Hard Metals a unit of the company. Shriram Honda Power Equipment a company promoted in collaboration with Honda Motor Co Japan has started exports. SIEL took over Cawnpore Sugar Works (CSWL) a BIFR company. The quality of the company's products are as good as the best in the world and hence SBP manufacturing operations have been awarded ISO 9002 certificate during the year 1999-2000. During 2000-01 the manufacturing process of Double Carbonation Double Sulphitation(DCDS) to Double Sulphitation was commissioned at a record time.To establish its overseas presence the company has promoted a wholly-owned subsidiary called SIEL Overseas in the UK for export import acquisitions and other trading activities. The company's subsidiaries are Siel Financial Services SFSL Investments Jay Engineering Siel Aircon SIEL Industrial Estate and Transiel India.

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