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Rana Sugars Ltd.

BSE: 507490 Sector: Agri and agri inputs
NSE: RANASUG ISIN Code: INE625B01014
BSE 00:00 | 19 Jan 29.30 -0.30
(-1.01%)
OPEN

29.15

HIGH

29.75

LOW

28.65

NSE 00:00 | 19 Jan 29.30 -0.35
(-1.18%)
OPEN

29.45

HIGH

29.80

LOW

28.60

OPEN 29.15
PREVIOUS CLOSE 29.60
VOLUME 202210
52-Week high 38.30
52-Week low 5.99
P/E 2.83
Mkt Cap.(Rs cr) 450
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 29.15
CLOSE 29.60
VOLUME 202210
52-Week high 38.30
52-Week low 5.99
P/E 2.83
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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