Introduction:
Debt refers to money an individual or company borrows from external sources, such as banks, financial institutions, or bondholders. It is repaid over time, often with interest. Debt can be in the form of loans, bonds, or credit lines.
Low debt allows a company to reduce interest expenses, improve cash flow, and enhance financial flexibility. It lowers financial risk, making the company more resilient to market fluctuations while boosting investor confidence and enabling reinvestment for growth opportunities.
Kothari Sugars and Chemicals:
On December 06, Kothari Sugars and Chemicals (NSE: KOTARISUG) opened at ₹49.59, reached a high of ₹49.86, and a low of ₹48.90, closing at ₹49.40, marking an increase of 0.28%. The company’s market capitalisation is ₹409.47 crore.
Kothari Sugars and Chemicals has a debt-to-equity ratio of 0.00, indicating minimal debt. With a debt of ₹0.82 crore, the company demonstrates strong financial stability, positioning it well for growth without heavy debt-related burdens.
Kothari Sugars and Chemicals Ltd is a leader in the sugar and chemicals industry, offering high-quality sugar and related products. Known for its sustainable practices, the company emphasises operational efficiency and innovation to deliver value to its stakeholders.
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Balrampur Chini Mills:
On December 06, Balrampur Chini Mills Ltd. (BSE: BALRAMCHIN) opened at ₹582.95, reached a high of ₹593.40, and a low of ₹578.00, closing at ₹585.95, marking an increase of 0.02%. The company’s market capitalisation is ₹11,830.47 crore.
Balrampur Chini Mills has a debt-to-equity ratio of 0.17, indicating low debt levels. The company’s total debt stands at ₹604.28 crore. This reflects a stable financial position with manageable debt.
Balrampur Chini Mills Ltd is a prominent sugar industry player renowned for its diverse product portfolio. Focusing on cutting-edge technology and sustainable practices, the company consistently drives growth while maintaining a commitment to quality.
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Dalmia Bharat Sugar and Industries:
On December 06, Dalmia Bharat Sugar and Industries Ltd. (BSE: DALMIASUG) opened at ₹445.00, reached a high of ₹445.00, and a low of ₹432.25, closing at ₹433.65, marking an increase of 0.02%. The company’s market capitalisation is ₹3,509.93 crore.
Dalmia Bharat Sugar and Industries has a debt-to-equity ratio of 0.12, indicating very low debt levels. The company has a debt of ₹363.23 crore, which highlights its strong financial position with minimal debt.
Dalmia Bharat Sugar and Industries Ltd is a major sugar manufacturer that integrates advanced technologies to produce sugar and by-products. The company is dedicated to operational excellence, innovation, and sustainability, contributing to the sector’s overall growth.
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.