KCP Sugar surges on selling 71,900 quintals of sugar in April 2014

KCP Sugar & Industries Corporation is currently trading at Rs. 22.85, up by 0.40 points or 1.78% from its previous closing of Rs. 22.45 on the BSE. The scrip opened at Rs. 22.55 and has touched a high and low of Rs. 23.40 and Rs. 22.55 respectively. So far 17858 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 24.50 on 23-May-2014 and a 52 week low of Rs. 13.82 on 17-Feb-2014. Last one week high and low of the scrip stood at Rs. 24.00 and Rs. 20.20 respectively. The current market cap of the company is Rs. 260.79 crore. The promoters holding in the company stood at 40.06% while Institutions and Non-Institutions held 0.06% and 59.88% respectively. KCP Sugar & Industries Corporation has sold 71,900 quintals of sugar in April 2014, while the company has sold 1,300.000 MT of Molasses in the same month. The company has also sold 604.850 MT, 0.322 MT and 36.675 MT of Bio-compost, Mycorrhiza and Calcium Lactate respectively. Further, the company has sold 1,204,000 Bulk Litres of Industrial Alcohol in April 2014, while it sold 14.30 Quintals of Bio-Fertilzer in the same month. KCP Sugar & Industries Corporation is engaged in business of manufacturing and marketing of Sugar and Bio-products. The company’s manufacturing facilities are located at Vuyyuru and Lakshmipuram. Company’s Vuyyuru Unit is engaged in manufacturing sugar, Bio-Ethanol of 50 KLPD and has a power generation capacity of 15MV per day.