Prudential Sugar Corporation Ltd. Stock

Prudential Sugar Corporation Limited is an India-based company. The Company is engaged in the business of manufacturing of sugar and allied products at its manufacturing facility of 2500 TCD situated at Prudential Nagar, PO Koppedu, Nindra Mandal, District- Chittoor. The Company operates through the sugar segment. The Company plans to venture into new areas of business, primarily, manufacturing Agri-based products by establishing a new manufacturing facility and/or acquiring or taking over an existing facility. It primarily manufactures white crystal sugar out of sugarcane. The other products, namely molasses and bagasse, are by-products and the same are sold by the Company to distilleries and co-gen power plants respectively. The by-product molasses, besides being consumed in primary distilleries, is also largely exported to foreign countries by the sugar companies in India. Its manufactured sugar is particularly sold to traders in Telangana, Karnataka and others.