Best Sugar Stocks in India 2024

Introduction –

The Indian Government’s push for green energy and reducing the import bill incurred on Crude oil, has promoted the use of hybrid and flex-fuel vehicles in the country. This has led to higher requirements for ethanol. Ethanol, which is derived from Sugarcane, has brought focus on the best sugar stocks in India in 2024.

The Government has set a target for 20% ethanol blending in fuel, leading to more diversion of sugarcane for this purpose rather than simply for sugar production. Companies that operate in the sugar industry are gaining more traction as the Government takes special measures to promote higher production of ethanol.

Best Sugar Stocks in India 2024:-
Let us look at the list of some of the best sugar stocks in India, in 2024, to help us decide which ones are good investment opportunities. We will make our decision based on financial ratios since we use Fundamental Analysis for long-term investment decisions.

✔ Balrampur Chini Mills

✔ DCM Shriram Industries

✔ Avadh Sugar & Energy

✔ Bannari Amman Sugars

✔ Dwarikesh Sugar

✔ Dhampur Sugar Mills

✔ Dalmia Bharat Sugar & Industries

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