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Rana Sugars Ltd.

BSE: 507490 Sector: Agri and agri inputs
NSE: RANASUG ISIN Code: INE625B01014
BSE 00:00 | 25 Jan 6.20 -0.17
(-2.67%)
OPEN

6.45

HIGH

6.45

LOW

6.19

NSE 00:00 | 25 Jan 6.20 -0.20
(-3.13%)
OPEN

6.40

HIGH

6.50

LOW

6.20

OPEN 6.45
PREVIOUS CLOSE 6.37
VOLUME 61480
52-Week high 8.75
52-Week low 2.46
P/E 2.84
Mkt Cap.(Rs cr) 95
Buy Price 6.20
Buy Qty 2010.00
Sell Price 7.00
Sell Qty 4000.00
OPEN 6.45
CLOSE 6.37
VOLUME 61480
52-Week high 8.75
52-Week low 2.46
P/E 2.84
Mkt Cap.(Rs cr) 95
Buy Price 6.20
Buy Qty 2010.00
Sell Price 7.00
Sell Qty 4000.00

Rana Sugars Ltd. (RANASUG) - Company History

Promoted by the Punjab Agro Industrial Corporation (28.6% equity stake) and Rana Gurjit Singh and his associates (17.2%), Rana Sugars came out with a public issue in Aug.'93 to set up a 2500-tcd sugar plant along with captive power generation of 5 MW. The main product of the company is white crystal sugar which is used in households, confectionery and pharmaceuticals. There are two by-products -- molasses and bagasse. Molasses are used to manufacture alcohol and citric acid. Bagasse is used as a raw material in the paper industry and also as fuel to generate steam and power. Located in Punjab, the company is at an advantage as Punjab is a sugar-deficit state. Also, the yield per hectare in Punjab is satisfactory. Rana Sugars Limited is the first company in the North India which has set up a Co-generation Power Project which was commenced production during March 2002. The Co-generation is generating 14 MW surplus power after meeting the captive demand from its in built system.

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