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Ugar Sugar Works Ltd.

BSE: 530363 Sector: Agri and agri inputs
NSE: UGARSUGAR ISIN Code: INE071E01023
BSE 12:26 | 22 Sep 26.50 -0.05
(-0.19%)
OPEN

27.70

HIGH

27.70

LOW

26.45

NSE 12:19 | 22 Sep 26.50 0.05
(0.19%)
OPEN

26.60

HIGH

26.80

LOW

26.35

OPEN 27.70
PREVIOUS CLOSE 26.55
VOLUME 4003
52-Week high 40.10
52-Week low 13.10
P/E 23.87
Mkt Cap.(Rs cr) 298
Buy Price 26.45
Buy Qty 34.00
Sell Price 26.60
Sell Qty 596.00
OPEN 27.70
CLOSE 26.55
VOLUME 4003
52-Week high 40.10
52-Week low 13.10
P/E 23.87
Mkt Cap.(Rs cr) 298
Buy Price 26.45
Buy Qty 34.00
Sell Price 26.60
Sell Qty 596.00

Ugar Sugar Works Ltd. (UGARSUGAR) - Company History

Ugar Sugar Works (USWL) was incorporated in 1939. This Company was promoted by S S Shirgaokar and R V Shirgaokar. The company produces sugar at its plant in Belgaum district Karnataka. USWL has diversified into power co-generation and distilleries. It has set up a 45000-ltr unit to produce rectified spirit. USWL also has thought of cogenerating power however the project was delayed due to unavoidable circumstances. As a Diversification cum Tax Saving Measure the Company has decided to set up Four Wind Mills in Tamilnadu for Wind Power Generation.During 1998-99 the company has expanded the crushing capacity upto 7500 MT crushing per day. The company has successfully implemented the 1st phase of 18 MW Co-generation project and power generation.The company's expansion of existing crushing capacity from 7500 TCD to 10000 TCD was completed. The Co-generation capacity from 28 MW to 44 MW is under progress. It has sold 4 wind mills situated in Tamil Nadu.It has entered into an agreement with UDV India Ltd (a subsidiary of United Distilleries and Vinters Ltd UK) for bottling their products at the company's ditillery. It also made arrangements to bottle its own IML with K S Distilleries and Super Star Distilleries in Kerala and Paramount Distilleries at Goa. To provide consultancy services to sugar industries the company had set up a subsidiary company viz 'Ugar Power Generation and Consultancy Services Ltd' and it is getting good response.

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