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Rana Sugars Ltd.

BSE: 507490 Sector: Agri and agri inputs
NSE: RANASUG ISIN Code: INE625B01014
BSE 00:00 | 27 May 29.30 0.30
(1.03%)
OPEN

29.85

 HIGH

30.40

 LOW

28.95
NSE 00:00 | 27 May 29.35 0.40
(1.38%)
OPEN

29.30

 HIGH

30.45

 LOW

29.15
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OPEN 29.85
PREVIOUS CLOSE 29.00
VOLUME 252924
52-Week high 44.35
52-Week low 14.01
P/E 2.86
Mkt Cap.(Rs cr) 450
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 29.85
CLOSE 29.00
VOLUME 252924
52-Week high 44.35
52-Week low 14.01
P/E 2.86
Mkt Cap.(Rs cr) 450
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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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