Bajaj Hindusthan Sugar Ltd - BAJAJ HINDUSTHAN Share Price

Summary

Bajaj Hindusthan Sugar Ltd. (Formerly known as Bajaj Hindusthan Limited) (BHL), a part of the Bajaj Group, is Indias number one sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India.It was incorporated in the year 1931 as a sugar and cement manufacturing company. The Company has ten sugar plants, which are all located in the Northern Indian State of Uttar Pradesh (UP). The ten plants have an aggregate sugarcane crushing capacity of 96,000 tcd (tonnes crushed per day). Also BHL generates 397 MW of power from the bagasse produced in its sugar mills. After meeting its own energy needs, BHL has a surplus of over 90 MW. The Company has already begun to supply significant part of this surplus power to the UP state grid. The Company is engaged in the manufacture of sugar, alcohol and generation of power.The Cement factory at Udaipur started production from 26th March of the year 1980. In 1985, a sugar factory with 1,250 tonnes capacity per annum was commenced operation at Samporna nagar in the cane supply zone of Gola Palia sugar factories. A stack reclaimer for uniform feeding of timer tone and 2 diesel sets of 4 MW each were installed during the year. The name of the Company was changed from Hindusthan Sugar Mills Ltd. to Bajaj Hindusthan Ltd in 27th June of the year 1988. The Company completed the decontrol of cement effective from March 1st of the year 1989. Sharda Sugar & Industries Ltd (SSIL) was amalgamated with the Company during April of the... Read More