This is a list of the best ethanol stocks in India.
In fact, these stocks helped me to gain profits in a huge number.
Most of the stock’s price increased this year.
The best part?
All of these Ethanol Stocks are going to increase in a huge number this year.
So you have to add them in your portfolio.
Now, let’s dive right in.
What Is Ethanol?
Ethanol is a clear, colorless liquid, it is produced by the fermentation of sugar and starch crops, such as corn and sugarcane.
As a renewable source of energy, it is widely utilized as a fuel additive and in the making of alcoholic beverages.
India comes under one of the top sugar producers which produce ethanol.
Also according to some reports, India imports 83% crude oil which is a huge number making it the biggest importer.
Since the government of India has increased its support for the use of biofuels as a substitute for fossil fuels, the demand for ethanol has grown in the country.
In fact, the Indian government has announced that 20% ethanol will be blended with gasoline by 2025, which will result in an increase in demand for the country’s ethanol stocks.
Also Read: Stock Market basics for beginners
History Of Ethanol
In 1826, ethanol was used for the first time as a fuel.
A major use of ethanol during the 19th century was as a lighting fuel as well as a source in early automobile engines.
A fuel shortage during World War II led to the use of ethanol as an octane booster in gasoline during the 1920s and 1930s.
As we know it today, the ethanol industry is one of the fastest-growing industries in the world. This was due to the rising costs of petroleum-based fuels and concerns about the environment surrounding leaded gasoline.
In the 1970s, corn became the most important feedstock for the production of ethanol, due to both its abundance and ease of conversion into alcohol, and government subsidies helped keep the production of the fuel going.
During the 1980s and 1990s, there was also a significant increase in ethanol production due to the use of ethanol as an oxygenate to reduce carbon monoxide emissions and as a result, ethanol production grew throughout these decades.
In the near future, it is estimated that 15 billion gallons of gasoline will be produced from corn grain, and the remaining 22 billion gallons will be produced from advanced biomass and cellulosic biomass.
Also read: What is Intraday Trading?
Best Ethanol Stocks In India You Need To Buy
Note before giving the stocks list we like to say that this are not a ranked list we are giving you by random so don't take the serial order like a ranking.
Praj Industries Limited
Company Info: Praj Industries Limited is a leading Indian company that makes bio-based and clean energy solutions.
Praj Industries has a stronghold in the retail as well as commercial market.
It is one of the companies that has a dedicated team for green energy solutions.
The company is trying to expand its research by adding them to the global list as it started there plants in India, Europe, and South America and will expand more soon.
Stock Info: Talking about stock it will be a good investment opportunity due to the increasing demand of renewable energy.
As the company is having good growth due to innovative technologies and a good hold on market it attracted investors to invest in this company making the stock price grow at a large number.
Praj Industries has a good balance and a solid track record of giving consistent growth over the last few years, making it a reliable long-term investment.
If you are looking to invest in eco-friendly stocks then this one should be in your list.
Price History
Experts’ advice to Buy or Sell
Share Holdings Patterns
Revenue Over Time By Years
Triveni Engineering & Industries Limited
Triveni Engineering & Industries Limited is a leading company in India with a stronghold in the engineering and sugar industries.
The company provides many products and services to its customers, including sugar production, power generation, and engineering services for the water and power sectors.
Triveni Engineering is known for its commitment to sustaining its innovation and has established itself as a major player in the industry.
The stock of Triveni Engineering & Industries Limited is considered a good investment opportunity for several reasons, let’s go through them.
The company’s large scale of products and services, makes its financial performance strong making it a reliable investment option.
Also growing in engineering and renewable energy is good news for all the investors as this both topics are going to boom in future.
If you ask me then I will say try this stock once.
Price History
Experts’ advice to Buy or Sell
Share Holdings Patterns
Revenue Over Time By Years
Dalmia Bharat Sugar Company
The Dalmia Bharat Sugar Company is one of the largest sugar manufacturers in India.
The company started making sugar in the 1990s and has grown a lot since then.
In order to run a successful business, they must have various parts, such as a place where they can produce energy and a place where they can produce alcohol.
In addition to making good quality sugar, they set a good example for other sugar companies to follow.
Big brands like Coca-Cola and PepsiCo use their sugar for the production of their drinks.
Stock Info: Choosing this stock will be a great choice you why? Because these 3 points is the main focus of this company which can be only seen in a successful company.
- Adding new facilities and improving existing ones.
- Quality is a priority
- Strong financials
Investing in the company could be a good choice for those looking to are looking to add a stable, growing company to their portfolio.
Price History
Revenue Over Years
Share Holding Pie Chart
Balrampur Chini Mills
As one of the largest and most successful players in the Indian sugar industry, Balrampur Chini Mills Limited (BCML) is well known for its capability of manufacturing downstream products such as ethanol and power (cogeneration).
After being incorporated as a subsidiary of Balrampur Sugar Company Limited in 1975, the company became a fully owned subsidiary in 1979.
A cane crushing capacity of 76,500 tonnes per day, a distillery capacity of 360 KL per day, and a saleable co-generation capacity of 163.20 megawatts make BCML well-equipped to meet industry demands.
The company has established itself as a trusted and reliable player in the sugar and power sectors, contributing significantly to the Indian economy.
Stock Info:
Price History
Experts Estimates
Share holdings
ISGEC Heavy Engineering Limited
Isgec Heavy Engineering Ltd is a renowned Indian engineering company with a history from 1933.
It was originally established as Saraswati Sugar Syndicate and become a leading player in the industry.
The company has a revenue of ₹5,477 crore (US$690 million) in 2021.
Leading the engineering and sugar industry it became best for investors and being a stock exchanger you can choose this stock to improve your profits in your portfolio.
Stock Info
Price history
Revenue over time
Share holdings
Shri Renuka Sugars
The company is one of the leading ones in the Indian sugar industry and the largest sugar refiner and ethanol producer in the country.
The company is headquartered in Mumbai, Maharashtra and can make 4000 tonnes/day, and has a capacity of 600 kilolitres/day.
Due to its large-scale production capability, Shree Renuka Sugars Ltd contributed 20% to India’s international sugar trade in 2019.
20% is a large number for a company as it contributes that many investors are ready to invest in this blindly.
It will make it share price high in the future also.
Stock Info:
Price History
Revenue Over Years
Share holdings
FAQ You May Ask
What are ethanol stocks and why are they a good investment opportunity in 2023?
Companies involved in ethanol production and sales are represented by ethanol stocks. Investing in these stocks in 2023 may be a good investment opportunity due to the growing demand for renewable energy sources and biofuels
How to determine the best ethanol stock to invest in?
In order to identify the best ethanol stocks for 2023, it is important to consider a number of factors, such as the company’s financial performance, production capacity, and its business strategy.
What are the risks associated with ethanol stock investments?
Changes in government policies, fluctuating ethanol demand, and price fluctuations are some of the risks associated with ethanol stock investments.
Conclusion
These are my top picks for the best ethanol stocks in India in 2023.
I’d like to hear from you:
Do you have any other favorite stock, not on this list? Or maybe you have a question.
Either way, please share your thoughts by leaving a comment below.
