PONNIERODE
Ponni Sugars (Erode) Limited
Sugar
Share price
₹420
Market cap
₹361 Cr
1Y return
▲ 47%
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.
Latest move
A whaleIncreased
Seshasayee Paper and Boards Limited, a promoter group entity, increased its stake in Ponni Sugars (Erode) Limited from 32.35% to 35.72% by buying 2,90,000 shares via open market purchase.
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