Magadh Sugar & Energy Ltd. Stock Analysis MAGADSUGAR.NS

Magadh Sugar & Energy Ltd. engages in the manufacturing, production, and sale of sugar, sugar products, spirits, and alcohol. The company is headquartered in Kolkata, West Bengal and currently employs 1,331 full-time employees. The company went IPO on 2017-07-28. The firm's segments include Sugar, Distillery, and Co-generation. Its Sugar segment is engaged in the manufacture and sale of sugar, molasses, and bagasse. Its Distillery segment is engaged in the manufacture and sale of denatured spirits, including ethanol and bio-compost. Its Co-generation segment is engaged in the generation and transmission of power. The firm has about three sugar mills with a combined crushing capacity of approximately 19,000 tons of cane per day (TCD), one distillery at Narkatiaganj with a total capacity of approximately 155 kilo liters per day (KLPD) and a cogeneration facility generating approximately 38 megawatts (MW) power. Its sugar mills include New Swadeshi Sugar Mills, Bharat Sugar Mills, and Hasanpur Sugar Mills.