Who owns Bajaj Hindusthan Sugar?

Bajaj GroupBajaj Hindusthan / Parent organizationBajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj an Marwari Agrawal Businessmen in Mumbai in 1926. The group comprises 34 companies and its flagship company Bajaj Auto is ranked as the world’s fourth largest two- and three-wheeler manufacturer. Wikipedia

Where is Bajaj Hindusthan Sugar Ltd?

Mumbai
Bajaj Hindusthan Sugar Ltd. (BHSL), a part of the ‘Bajaj Group’, is India’s Number One sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India.

Is Bajaj Hindusthan Sugar a good buy?

1. Is Bajaj Hindusthan Sugar Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bajaj Hindusthan Sugar Ltd is a average quality company.

Why Bajaj Hindustan sugar is falling?

The stock has logged a 50% decline over the past four months due to a sharp correction in sugar prices. Investors have been cautious due to the fundamental shift in this commodity. The company’s revenue rose 34% on higher sugar prices that peaked out in January 2010.

What does Bajaj Hindusthan do?

Bajaj Hindusthan Sugar Limited (BHSL) is a sugar producer in India, Asia’s Number 1 and World’s Number 4 integrated sugar company It has an aggregated sugarcane crushing capacity of 136,000 tonnes crushed per day (TCD), and alcohol distillation capacity of 800 kilo liters per day (KLD) across 14 locations in the north …

What is the target of Bajaj Hindustan?

Bajaj Hindusthan (Q1 F9/10) – Buy (Target Price Rs280, Upside 20.5%)

(Rs m) Q1 F9/10 F9/09
Interest (456) (2,781)
Other income 32 342
PBT 1,216 1,052
Tax (355) (472)

Is Bajaj Hindusthan owned by Bajaj?

The company is a leader in the Asian and Indian sugar industry and is also one of the largest producer of green fuel ethanol in India. It is a member of Bajaj Group….Bajaj Hindusthan.

Type Public company (BSE: 500032 NSE: BAJAJHIND)
Revenue ₹135.75 billion (US$1.8 billion) (2021)
Number of employees 7000 (2021)
Parent Bajaj Group

Is Bajaj Hindusthan Sugar debt free?

What Is Bajaj Hindusthan Sugar’s Net Debt? You can click the graphic below for the historical numbers, but it shows that Bajaj Hindusthan Sugar had ₹49.2b of debt in September 2021, down from ₹55.6b, one year before. However, it also had ₹11.0b in cash, and so its net debt is ₹38.2b.

Which is the best sugar stock in India?

Top 4 Sugar Stocks To Watch Out For In 2022 | Mint….The company has delivered good profit growth of 71.2% CAGR over the last 5 years.

  • Dalmia Bharat Sugar & Industries. Dalmia Bharat Sugar and Industries has been one of the fastest-growing sugar companies in India.
  • Triveni Engineering and Industries.
  • Dhampur Sugar Mills.

Why sugar stocks are increasing?

According to stock market experts, sugar stocks are skyrocketing due to two major reasons — rising commodity prices and ethanol blending policy of Government of India.

Is Bajaj Hindusthan sugar?

The company is a leader in the Asian and Indian sugar industry and is also one of the largest producer of green fuel ethanol in India. It is a member of Bajaj Group….Bajaj Hindusthan.

Type Public company (BSE: 500032 NSE: BAJAJHIND)
Products Sugar, Power, Distillery and Sugar byproducts
Revenue ₹135.75 billion (US$1.8 billion) (2021)

Is it good to buy sugar stocks?

It also has facilities for processing of raw sugar. The company has maintained good profit growth of 26.20% for the last 3 years. Also, it has a good cash flow….Dalmia Bharat Sugar:

Sugar stocks LTP as on February 8, 2022 1 year return
Dwarikesh Sugar 99.4 267.00%
Dalmia Bharat Sugar 423.05 205.00%

What is the history of Bajaj Hindusthan Sugar Ltd?

Close: The Company History page lists out the major events in chronological order for Bajaj Hindusthan Sugar Ltd. Bajaj Hindusthan Limited (BHL) was incorporated on 23rd November, 1931 under the name – The Hindusthan Sugar Mills Limited – on the initiative of Jamnalal Bajaj – a businessman, confidante, disciple and adopted son of Mahatma Gandhi.

Who is the chairman of Bajaj Hindusthan Ltd?

Kushagra Bajaj is the Chairman and Managing Director of Bajaj Hindusthan Ltd. The company was as Hindusthan Sugar Mills Limited by Jamnalal Bajaj in 1931. In 1988, it was renamed Bajaj Hindusthan Sugar Limited.

What are the recent expansions of bhsil sugar industry?

BHSIL embarked upon significant new expansions. While the capacity of its existing sugar plant at Pratappur was enhanced, three new sugar units were also set up in virgin, cane-rich areas of East UP at Rudauli (district Basti), Kundarkhi (district Gonda) and in Utraula (district Balrampur).

Which is the largest sugar producer in India?

Bajaj Hindusthan Sugar Limited (BHL) is a sugar producer in India, reportedly the largest in the country. It is a member of Bajaj Group. The company is headquartered in Mumbai. The site selected for the first plant was at Gola Gokarannath in district Lakhimpur Kheri in the Terai region of Uttar Pradesh (UP), an area rich in sugar cane.