The table below shows the high dividend yield sugar stocks under Rs.1000 based on the highest market capitalization.
Name | Market Cap (Cr) | Close Price | Dividend Yield % |
Triveni Engineering and Industries Ltd | 9866.83 | 451.8 | 1.28 |
Dalmia Bharat Sugar and Industries Ltd | 3473.11 | 430.9 | 1.17 |
Avadh Sugar & Energy Ltd | 1421.51 | 714.55 | 1.41 |
Magadh Sugar & Energy Ltd | 1154.39 | 836.95 | 1.83 |
Dhampur Bio Organics Ltd | 894.24 | 132.64 | 1.86 |
Mawana Sugars Ltd | 465.3 | 116.75 | 3.36 |
Ponni Sugars (Erode) Ltd | 464.7 | 528.95 | 1.3 |
Vishwaraj Sugar Industries Ltd | 306.64 | 16.29 | 1.22 |
Content:
- What are Sugar Stocks?
- Best High Dividend Yield Sugar Stocks under Rs.1000
- Top High Dividend Yield Sugar Stocks under Rs.1000
- Who Should Invest In High Dividend Yield Sugar Stocks under Rs.1000?
- How To Invest In The High Dividend Yield Sugar Stocks under Rs.1000?
- Performance Metrics Of High Dividend Yield Sugar Stocks under Rs.1000
- Benefits Of Investing In High Dividend Yield Sugar Stocks under Rs.1000
- Challenges Of Investing In High Dividend Yield Sugar Stocks under Rs.1000
- Introduction to High Dividend Yield Sugar Stocks under Rs.1000
- Top High Dividend Yield Sugar Stocks under Rs.1000 – FAQs
What are Sugar Stocks?
Sugar stocks refer to shares of companies involved in the production, refining, and distribution of sugar. These companies typically operate in the agricultural and food processing sectors. Investing in sugar stocks can be influenced by factors like global sugar demand, crop yields, and government policies. They can be volatile due to fluctuating sugar prices and weather-related agricultural impacts.
Best High Dividend Yield Sugar Stocks under Rs.1000
The table below shows the best high dividend yield sugar stocks under Rs.1000 based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) | Dividend Yield % |
Triveni Engineering and Industries Ltd | 451.8 | 1722948.0 | 1.28 |
Vishwaraj Sugar Industries Ltd | 16.29 | 693039.0 | 1.22 |
Mawana Sugars Ltd | 116.75 | 269946.0 | 3.36 |
Dalmia Bharat Sugar and Industries Ltd | 430.9 | 256119.0 | 1.17 |
Dhampur Bio Organics Ltd | 132.64 | 151929.0 | 1.86 |
Avadh Sugar & Energy Ltd | 714.55 | 148168.0 | 1.41 |
Magadh Sugar & Energy Ltd | 836.95 | 82671.0 | 1.83 |
Ponni Sugars (Erode) Ltd | 528.95 | 20766.0 | 1.3 |
Top High Dividend Yield Sugar Stocks under Rs.1000
The table below shows the top high dividend yield sugar stocks under Rs.1000 based on a 1-year return.
Name | Close Price | 1Y Return % | Dividend Yield % |
Magadh Sugar & Energy Ltd | 836.95 | 76.44 | 1.83 |
Triveni Engineering and Industries Ltd | 451.8 | 48.67 | 1.28 |
Avadh Sugar & Energy Ltd | 714.55 | 34.95 | 1.41 |
Ponni Sugars (Erode) Ltd | 528.95 | 34.68 | 1.3 |
Dalmia Bharat Sugar and Industries Ltd | 430.9 | 21.95 | 1.17 |
Mawana Sugars Ltd | 116.75 | 17.34 | 3.36 |
Vishwaraj Sugar Industries Ltd | 16.29 | -0.06 | 1.22 |
Dhampur Bio Organics Ltd | 132.64 | -15.19 | 1.86 |
Who Should Invest In High Dividend Yield Sugar Stocks under Rs.1000?
Investors seeking steady income, especially retirees or conservative investors, should consider high dividend yield sugar stocks under Rs. 1000. These stocks provide regular dividends and potential for capital appreciation, making them suitable for those focused on income generation with moderate risk. However, investors should also assess the company’s financial health and industry outlook before investing.
How To Invest In The High Dividend Yield Sugar Stocks under Rs.1000?
To invest in high dividend yield sugar stocks under Rs. 1000, open a Demat and trading account through a platform like Alice Blue. Complete the KYC process, fund your account, and research sugar stocks with strong dividend yields. Place buy orders through your trading platform to start investing.
Performance Metrics Of High Dividend Yield Sugar Stocks under Rs.1000
The performance metrics of high dividend yield sugar stocks under Rs. 1000 are critical for assessing investment viability. These metrics help investors evaluate profitability, sustainability, and potential returns while managing risks associated with market volatility.
1. Dividend Yield: Indicates the annual dividend income relative to the stock price, reflecting potential income. A higher yield suggests better income returns but requires an assessment of the sustainability of payouts.
2. Price-to-Earnings (P/E) Ratio: This ratio compares the stock price to earnings per share, helping investors gauge if the stock is over or undervalued. A lower P/E indicates a potentially undervalued stock with room for growth.
3. Debt-to-Equity Ratio: Measures a company’s financial leverage by comparing its total debt to shareholder equity. A lower ratio suggests a stronger balance sheet, reducing risk and enhancing dividend payment stability.
4. Return on Equity (ROE): ROE evaluates how effectively a company uses shareholders’ equity to generate profits. A higher ROE indicates efficient management and profitability, often correlating with consistent dividend payments.
5. Earnings Per Share (EPS) Growth: This metric shows the company’s ability to increase profitability over time. Consistent EPS growth suggests the company is expanding, which may lead to higher future dividends and stock price appreciation.
Benefits Of Investing In High Dividend Yield Sugar Stocks under Rs.1000
The primary benefits of investing in high dividend yield sugar stocks under Rs. 1000 include stable income, lower risk, and potential for capital appreciation. These stocks offer investors a steady income stream and financial stability while remaining affordable.
1. Stable Income: High dividend yields provide consistent income, which can be beneficial for those seeking regular cash flow. This stability helps cushion against market volatility and offers a predictable return on investment.
2. Affordable Investment: Stocks under Rs. 1000 are accessible to a broad range of investors, allowing entry into the sugar sector without significant capital. This affordability facilitates diversification in your investment portfolio.
3. Reduced Risk: High dividend yields can act as a buffer against market downturns. Regular dividend payments can mitigate losses during periods of stock price decline, offering some level of financial security.
4. Potential for Capital Appreciation: While focusing on dividends, these stocks may also appreciate in value over time. This dual benefit allows investors to gain from both income and potential price increases.
5. Sector Stability: The sugar industry often experiences less volatility compared to other sectors. Investing in high dividend yield stocks within this stable industry can provide steady returns and reduce investment risk.
Challenges Of Investing In High Dividend Yield Sugar Stocks under Rs.1000
The main challenges of investing in high dividend yield sugar stocks under Rs.1000 include potential volatility, limited growth prospects, and industry-specific risks. These factors can affect both the stability of dividends and overall investment returns.
1. Volatility Risks: Despite high dividend yields, these stocks can be subject to market volatility. Price fluctuations can impact the overall value of your investment, potentially offsetting the benefits of regular dividend income.
2. Limited Growth Potential: High dividend yield stocks often focus on returning profits rather than expanding operations. This can result in slower capital appreciation and limited growth potential compared to growth-oriented stocks.
3. Industry-Specific Risks: The sugar industry is vulnerable to factors like weather conditions and government regulations. These risks can affect production and profitability, potentially leading to reduced dividend payments and investment returns.
4. Economic Sensitivity: Sugar stocks can be sensitive to economic cycles. During economic downturns, reduced consumer spending can impact sugar demand, which may result in lower revenues and less stable dividend payouts.
5. Dividend Sustainability: High yields may be appealing, but they can sometimes be a sign of financial distress. If a company is paying out high dividends due to limited reinvestment, future payouts might be unsustainable.
Introduction to High Dividend Yield Sugar Stocks under Rs.1000
Triveni Engineering and Industries Ltd
The Market Cap of Triveni Engineering and Industries Ltd is Rs. 9,866.83 crores. The stock’s monthly return is 17.20%. Its one-year return is 48.67%. The stock is 6.68% away from its 52-week high.
Triveni Engineering and Industries Limited, based in India, operates in sugar manufacturing and engineering sectors, including power transmission, water and wastewater treatment, and defense.
The company is divided into two main segments: Sugar and Allied Businesses, and Engineering Businesses. It produces white crystal sugar from seven plants in Uttar Pradesh and utilizes molasses from sugar production to manufacture ethanol and extra-neutral alcohol.
Dalmia Bharat Sugar and Industries Ltd
The Market Cap of Dalmia Bharat Sugar and Industries Ltd is Rs. 3473.11 crore. The stock’s monthly return is 8.11%. Its one-year return is 21.95%. The stock is 13.72% away from its 52-week high.
Dalmia Bharat Sugar and Industries Limited, an Indian company, is primarily involved in the production of sugar, generation of power, manufacturing of industrial alcohol, and production of refractory products.
The company operates across four segments namely Sugar, Power Generation, and Distillery. The Sugar Manufacturing Segment focuses on the production and marketing of sugar. The Power Generation Segment involves generating and selling power, with some of it being used for internal consumption. The Distillery Segment is responsible for manufacturing and selling ethanol, extra-neutral alcohol, and sanitizer.
Avadh Sugar & Energy Ltd
The Market Cap of Avadh Sugar & Energy Ltd is Rs. 1421.51 crore. The stock’s monthly return is 14.35%. Its one-year return is 34.95%. The stock is 19.66% away from its 52-week high.
Avadh Sugar & Energy Limited, an India-based company, is involved in the production and distribution of sugar, spirits, ethanol, cogeneration, and other by-products. The company operates across four main segments: Sugar, Distillery, Co-generation, and Others.
The Sugar division includes the manufacturing and sale of sugar, molasses, and bagasse. The Distillery division focuses on producing and selling industrial spirits like ethanol and fusel oil. The Co-generation segment is responsible for power generation and transmission. The Others segment is involved in trading petroleum products.
Magadh Sugar & Energy Ltd
The Market Cap of Magadh Sugar & Energy Ltd is Rs. 1154.39 crore. The stock’s monthly return is 7.91%. Its one-year return is 76.44%. The stock is 3.43% away from its 52-week high.
Magadh Sugar & Energy Limited, headquartered in India, is involved in the production of sugar, ethanol, and power generation, along with other by-products from sugar processing. The company operates across three main segments: Sugar, Distillery, and Co-generation.
The Sugar segment focuses on manufacturing and selling sugar, molasses, and bagasse. The Distillery segment is involved in the production and sale of denatured spirits such as ethanol and bio-compost. The Co-generation segment handles the generation and distribution of power.
Dhampur Bio Organics Ltd
The Market Cap of Dhampur Bio Organics Ltd is Rs. 894.24 crore. The stock’s monthly return is 0.57%. Its one-year return is -15.19%. The stock is 42.11% away from its 52-week high.
Dhampur Bio Organics Ltd. is an Indian company that integrates sugarcane processing operations. The company focuses on producing sugar, chemicals, ethanol, and power generation, among other related products. Its business segments include Sugar, Bio Fuels & Spirits, and Country Liquor.
The Sugar segment involves manufacturing and selling various types of refined sugar and its byproducts, as well as producing power through co-generation. The BioFuels & Spirits segment focuses on industrial alcohol sales, primarily ethanol, to both public and private oil marketing companies and other institutional buyers.
Mawana Sugars Ltd
The Market Cap of Mawana Sugars Ltd is Rs. 465.30 crore. The stock’s monthly return is 5.12%. Its one-year return is 17.34%. The stock is 16.57% away from its 52-week high.
Mawana Sugars Limited is an Indian company that manufactures and markets sugar, ethanol, and power in its facilities. The company is organized into segments focused on sugar, power, chemicals, and distillery operations.
Its product range includes various types of sugar catering to different industries, along with ethanol production from molasses. The company’s ethanol plant in Nanglamal has a daily capacity of 120,000 liters and can produce rectified spirit, denatured spirit, and fuel ethanol. In addition, it operates a bio-composting facility generating 3,000 metric tons of organic manure monthly.
Ponni Sugars (Erode) Ltd
The Market Cap of Ponni Sugars (Erode) Ltd is Rs. 464.70 crore. The stock’s monthly return is 7.48%. Its one-year return is 34.68%. The stock is 13.22% away from its 52-week high.
Ponni Sugars (Erode) Limited is an India-headquartered company that specializes in the production and distribution of sugar.
The company functions through two divisions: Sugar and Cogeneration. Its product range comprises Sugar, Bagasse, Molasses, and Power. The company operates a sugar factory in Erode with a daily sugarcane crushing capacity of around 3500 tons and a power generation capability of 19 megawatts (MW).
Vishwaraj Sugar Industries Ltd
The Market Cap of Vishwaraj Sugar Industries Ltd is Rs. 306.64 crores. The stock’s monthly return is 2.83%. Its one-year return is -0.06%. The stock is 23.08% away from its 52-week high.
Vishwaraj Sugar Industries Limited is a fully integrated company that derives its operations from sugarcane. The company is involved in the production of sugar, electricity generation, and the manufacturing of rectified spirit, neutral spirit, and ethanol through its molasses/sugarcane syrup-based distillery.
Its business segments consist of Sugar, Co-Generation, Distillery, and Vinegar. The company has established an integrated facility spanning approximately 132.85 acres (equivalent to 57,86,946 sq. ft.), accommodating manufacturing, packing, and storage units. It operates a single-location sugar unit with a licensed crushing capacity of about 11,000 tons of cane per day (TCD).
Top High Dividend Yield Sugar Stocks under Rs.1000 – FAQs
The Best High Dividend Yield Sugar Stocks under Rs.1000#1:Triveni Engineering and Industries Ltd
The Best High Dividend Yield Sugar Stocks under Rs.1000 #2:Dalmia Bharat Sugar and Industries Ltd
The Best High Dividend Yield Sugar Stocks under Rs.1000 #3:Avadh Sugar & Energy Ltd
The Best High Dividend Yield Sugar Stocks under Rs.1000 #4:Magadh Sugar & Energy Ltd
The Best High Dividend Yield Sugar Stocks under Rs.1000 #5:Dhampur Bio Organics Ltd
The top 5 stocks are based on market capitalization.
The top high dividend yield sugar stocks under Rs.1000 based on one-year returns are Magadh Sugar & Energy Ltd, Triveni Engineering and Industries Ltd, Avadh Sugar & Energy ltd, Ponni Sugars (Erode) Ltd, and Dalmia Bharat Sugar and Industries Ltd.
Yes, you can invest in high dividend yield sugar stocks under Rs. 1000. These stocks offer regular income and are affordable for many investors. However, assess the company’s financial health and industry risks to ensure sustainable dividends and manageable risk before investing.
Investing in high dividend yield sugar stocks under Rs. 1000 can be good for stable income and affordability. However, evaluate the stock’s financial stability and industry risks. Ensure the dividends are sustainable and consider potential volatility before committing to ensure it aligns with your investment goals.
To invest in high dividend yield sugar stocks under Rs. 1000, start by opening a Demat and trading account through Alice Blue. Complete the KYC process, fund your account, research potential stocks, and place buy orders through the trading platform to begin investing.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.