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May 23, 2010

Bannari Amman Sugars - 500041

 

 

Name of Company

Bannari Amman Sugars

BSE Code

500041

NSE Code

 

ICICI Code

Established

1983

My Take

So-So

Headquarters

Coimbatore

Promoters

Story

Has sugar factories in Karnataka and Tamil Nadu. 55% promoter holding.

Sector

Sugar

Sub-sector

White Sugar, Industrial alcohol and granite

Website

http://www.bannari.com/

Positives

Regular dividend payer, at present price of Rs. 867 expected yield is 0.7 %. Has always been profitable even in worse year of FY08. Good reserves of 540 Cr.

Negatives

Peers

 

 BHSIL, Bajaj Hind, Sakthi Sug, Uttam Sug, Renuka

News

 

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