Ponni Sugars (Erode) Limited
Anil Kumar Goel added over 0.3% of Ponni Sugars (Erode) Limited and now holds 1.3%, or 1,12,000 shares, entering the company's shareholding pattern during a rights issue.
A sugar manufacturer based in Erode, Tamil Nadu, Ponni Sugars produces refined sugar and generates power through bagasse cogeneration. Incorporated in 1986, the company operates an integrated sugar facility that processes sugarcane into sugar while utilizing agricultural waste for energy production. The company serves both domestic and export markets, leveraging its operational expertise in sugar manufacturing and sustainable power generation practices.
The original India cyclical play. Known as the 'Sugar Baron' of Indian equities, Anil Kumar Goel has been catching turning points in sugar, textiles, and industrial manufacturing since 1990, entering deeply out-of-favour sectors before the consensus arrives and exiting when everyone does. Disclosed portfolio: ~₹1,933 Cr across 33 stocks, with sugar companies alone accounting for over a third of his book. Three decades of being early to the cycle, consistently.