There has been a lot of volatility in the stock market this year. The shares of most companies have taken a fair beating. However, even in this decline, the performance of sugar companies has been tremendous. Sugar companies have given excellent returns this year. Sugar companies have given returns of more than 170 per cent to investors so far this year. So let us know that if you had invested money in the shares of sugar companies at the beginning of this year, then what would be the value of that money at the present time.
Shares of Ugar Sugar gave more than 170% return
Shares of Ugar Sugar Works Limited have given a return of 170.15 per cent so far this year. At the beginning of the year, on January 3, 2022, the shares of the company were at a level of Rs 30.15 on the National Stock Exchange (NSE). The shares of the company have closed at Rs 81.45 on 18 April 2022. If a person had invested Rs 1 lakh in the shares of the company at the beginning of the year, then at present this money would have been Rs 2.70 lakh. The 52-week low of Ugar Sugar shares is Rs 16.95. At the same time, the 52-week high-level is Rs 86.75.
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Shares of Dwarikesh Sugar gave 87 percent return
Shares of Dwarikesh Sugar have given investors returns of 87 per cent so far this year. On January 3, 2022, the company’s shares were at the level of Rs 72.90 on the National Stock Exchange. The shares of the company have closed at Rs 136.25 on 18 April 2022. If a person had invested Rs 1 lakh in the shares of the company at the beginning of the year, then at present this money would have been Rs 1.87 lakh. On the other hand, shares of Triveni Engineering & Industries have given returns of more than 51 per cent so far this year. The company’s shares were at a level of Rs 224.15 on January 3, 2022. On 18 April 2022, the company’s shares closed at Rs 339.60 on NSE.
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Shares of Dhampur Sugar Mills gave more than 76% return
Shares of Dhampur Sugar Mills have given over 76% returns so far this year. The company’s shares stood at Rs 307.30 on the National Stock Exchange on 3 January 2022. The company’s shares closed at Rs 542 on 18 April 2022. If a person had invested Rs 1 lakh in the shares of the company, then at present this money would have been Rs 1.76 lakh.
Shares of Mawana Sugars gave 106% return
Shares of Mawana Sugars Limited have given a return of 106.25% so far this year. On January 3 this year, the shares of Mawana Sugars closed at Rs 80.05 on the National Stock Exchange (NSE). The company’s shares closed at Rs 165.10 on 18 April 2022. Shares of Dalmia Bharat Sugar & Industries Limited have given investors close to 39 per cent returns so far this year. On January 3 this year, the company’s shares were at a level of Rs 387.30. The company’s shares closed at Rs 539 on 18 April 2022.