Should you buy Bajaj Hindusthan Sugar stock in 2025? Complete guide for investors in India

What is Bajaj Hindusthan Sugar?

How much is Bajaj Hindusthan Sugar stock?

The price of Bajaj Hindusthan Sugar stock is rising this week. As of now, the stock is trading at ₹23.23, reflecting a 1.13% gain over the past 24 hours and a positive trend for the week. Market capitalization stands at ₹2,967 crores, with an average 3-month volume close to 15 million shares.

Investors should note the potential for sharp price swings, making this stock suitable for those comfortable with higher risk and market movement.

Our full analysis on Bajaj Hindusthan Sugar stock

After thorough review of Bajaj Hindusthan Sugar’s latest financial results and its stock’s dynamic performance over the last three years, we have leveraged a blend of financial metrics, technical indicators, and industry analytics—powered by proprietary algorithms—to assess its current investment profile. This multifaceted approach spans market data, peer comparisons, and structural market shifts, revealing both clear risk factors and significant emerging strengths. So, why might Bajaj Hindusthan Sugar stock once again become a strategic entry point into India’s rapidly evolving agri-tech and green fuel sector in 2025?

Recent Performance and Market Context

Over the past twelve months, Bajaj Hindusthan Sugar's share price has exhibited notable volatility, with a 52-week range of ₹16.50 to ₹46.10. As of 19 May 2025, the stock trades at ₹23.23, having rebounded by over 40% from its recent low and advancing more than 1% in the latest session, underscoring growing investor interest and revived momentum in the sector.

Several industry-wide tailwinds are sustaining this positive mood. Early 2025 saw elevated sugar prices, particularly in Uttar Pradesh, with prices surpassing ₹40,000 per ton. This price resurgence has offered relief to integrated players like Bajaj Hindusthan Sugar, helping mitigate pressure from input costs. Simultaneously, the Indian government’s commitment to the ethanol blending program continues to unlock fresh opportunities for sugar and distillery operators, with robust policy support and a clear timeline for a 20% blend by the 2025 Ethanol Supply Year.

On a competitive front, Bajaj Hindusthan Sugar’s massive scale—spanning 14 sugar mills and six distilleries—positions it distinctly among major listed agri-business peers. Despite industry-wide stress from climate volatility and raw material constraints, Bajaj’s improving balance sheet and progress in debt management have generated cautious optimism regarding future sector leadership.

Technical Analysis

The technical landscape currently favors a bullish view on Bajaj Hindusthan Sugar. The share price sits comfortably above both its 20-day (₹20.34) and 50-day (₹19.74) simple moving averages, indicating prevailing short- and medium-term buying strength. Although the 100-day (₹23.51) and 200-day (₹30.46) SMAs remain above the current market price, the stock’s recovery from March lows is backed by upward momentum and strong support levels.

• RSI (14) at 67.49, while approaching overbought territory, suggests active accumulation with room for further minor upside before a pause.
• MACD stands at a bullish 0.62 (Signal: 0.19), confirming the upward trend via a recent, robust crossover.
• Stochastic RSI and Williams %R both register as overbought, indicating the stock’s recent rally has been robust, though some short-term volatility is likely.
• ADX (14) at 17.34 hints that while the trend is not yet strongly established, the groundwork for a sustained move exists.

Immediate support zones at ₹22.18, ₹21.40, and ₹20.86 have proven resilient during recent tests, while resistance hurdles at ₹23.50, ₹24.04, and ₹24.82 may serve as near-term pivots. A decisive breakout above ₹24 would likely catalyze a renewed bullish phase, making the current level an attractive technical entry for medium-term investors.

Fundamental Analysis

Bajaj Hindusthan Sugar’s fundamentals narrate a story of turnaround potential in the context of historical challenges. The most recent quarter (Q3 FY25) saw revenue at ₹1,475.75 crores—a YoY decline—reflecting sectoral headwinds from disrupted cane yields and an evolving product mix. Importantly, net losses of ₹101.96 crores, while concerning, mark a landscape in flux as the company pivots more aggressively towards ethanol and co-generation, both of which promise higher margin upside as operating leverage improves.

On a trailing twelve months basis, revenues stand near ₹5,891 crores, and a net loss of ₹154 crores reflects not just cyclical pressure, but also the heavy lifting to transition business lines. Notably:

• Debt to equity ratio has markedly improved to 0.88 from 2.21 in 2022, underscoring serious deleveraging—an essential precursor for future profitability.
• Return on equity has risen from -12.29% to -1.97% over two years, a significant structural improvement.
• Book value per share of ₹33.95 and a P/B ratio of only 0.68 place Bajaj Hindusthan Sugar among the sector's undervalued stocks, with market capitalization well below asset-backed value—a hallmark of overlooked turnaround situations.

The company’s core strengths continue to shine: it is the industry’s largest integrated player, with scale advantages in procurement, logistics, and production efficiency. Its proven ability to navigate the full spectrum of the sugar-to-energy value chain, coupled with a strong brand and extensive distribution networks across North India, reinforce its competitive moat.

Volume and Liquidity

Market confidence in Bajaj Hindusthan Sugar is also manifest in robust trading activity. The recent daily volume of nearly 15 million shares—well above the historical median—signals persistent interest from both retail and institutional segments. Such elevated volumes are rarely seen in structurally impaired businesses and instead suggest that market participants are repositioning ahead of the sector’s next phase.

The substantial free float, with public shareholding exceeding 64%, enhances liquidity and allows for rapid price discovery, creating a dynamic environment favorable to both traders and investors seeking re-rating opportunities. The float structure, when combined with undervalued fundamentals, supports the argument for the stock’s dynamic valuation potential as operational metrics improve.

Catalysts and Positive Outlook

A range of forward-looking catalysts underpins Bajaj Hindusthan Sugar’s bullish investment case in 2025:

• The Ethanol Blending Drive: India’s ethanol blending targets and supportive regulatory framework create direct new revenue streams for integrated players. Bajaj’s large, scalable distillery operations are optimally positioned for this secular transformation.
• Industry Consolidation: Shrinking margins and working capital constraints across the sector signal impending consolidation—Bajaj’s asset scale and integrated value chain suggest it will be a consolidator rather than a target.
• Operational Efficiency: Corporate focus on cost rationalization and expanding co-generation revenues offers potential for upward surprises in margin and profitability in coming quarters.
• Government Initiatives: Fiscal incentives and likely policy support to ensure sugar price stability bode well for earnings visibility in FY26 and beyond.
• Favorable Crop Outlook: Improved rains and cane planting discipline in Maharashtra and UP improve the yield visibility for the 2025-2026 sugar season.

Environmental, Social, and Governance (ESG) considerations are also rising, and Bajaj’s investments in green energy and ethanol fit neatly with the growing investor focus on sustainable agri-tech themes.

Investment Strategies

Given the technicals and fundamentals, a range of approaches seem well-suited for various investor profiles:

• Short-Term (1-3 months):
• The current price near robust support, with technical momentum and volume surges, presents an opportune entry point.
• Traders may watch for a breakout above ₹24.00 for confirmation of a fresh bullish leg, with stops at support levels.
• Medium-Term (6-12 months):
• Investors expecting a positive Q1 FY26 surprise or industry-wide tailwinds (e.g., higher ethanol realization, stable sugar prices) may consider accumulation around current levels.
• Possible catalysts include quarterly earnings, regulatory announcements, or progress toward debt restructuring.
• Long-Term (1-3 years):
• Those seeing value in sector transformation and Bajaj Hindusthan Sugar’s strategic diversification can take a staggered, portfolio-oriented approach.
• Potential exists for a multi-bagger scenario if the company returns to profitability, further reduces debt, and captures upside from ethanol and green energy plays.

Is it the Right Time to Buy Bajaj Hindusthan Sugar?

Synthesizing the technical and fundamental factors, Bajaj Hindusthan Sugar appears to represent an excellent opportunity for investors looking to position ahead of an anticipated revival in India’s agri-tech and renewable fuel sectors. The stock trades at a significant discount to book value, with ample liquidity and a sharply improved debt profile—key attributes for a potential sector leader undergoing transformation.

The company’s vast operational platform, strategic realignment toward ethanol, and the supportive regulatory environment provide attractive tailwinds. While recent losses and the promoter pledge signal legacy challenges, ongoing deleveraging, improved operating leverage, and cross-sector consolidation all point to a scenario where risk-adjusted upside may outweigh lingering concerns.

In this context, Bajaj Hindusthan Sugar’s stock may be entering a new bullish phase, underpinned by technical momentum and ripe for re-rating as the sector pivots toward value-added and sustainable revenues. For investors seeking exposure to a high-potential turnaround story with structural tailwinds, now seems a particularly judicious moment to consider adding Bajaj Hindusthan Sugar to a well-diversified portfolio.

The current setup offers a compelling intersection of timing, fundamental value, and industry catalysts—with Bajaj Hindusthan Sugar uniquely positioned to capitalize on India’s sugar and ethanol transformation in the years to come.

How to buy Bajaj Hindusthan Sugar stock in IN?

Buying shares of Bajaj Hindusthan Sugar online has become both simple and secure thanks to regulated brokers in India. You can choose between directly purchasing shares (spot/cash buying) to hold real ownership, or trading Contracts for Difference (CFDs) to speculate on price movements without owning the stock itself. Each method offers unique advantages and risks. Below, you’ll find a detailed comparison of both approaches, plus guidance on choosing the right broker for your needs—be sure to check the broker comparison further down the page.

Spot Buying

A spot (or cash) purchase means you buy Bajaj Hindusthan Sugar shares outright on the NSE or BSE through a regulated Indian broker. This grants you genuine ownership, voting rights, and eligibility for dividends. Typical fees for Indian retail investors are a flat brokerage commission, often around ₹20 to ₹30 per order, plus applicable government charges.

Important example

Example: Suppose the Bajaj Hindusthan Sugar share price is ₹23.23, and you invest approximately ₹83,200 (about $1,000 at ₹83/USD). Excluding minor taxes, you can buy around 3,580 shares after considering a brokerage fee of ₹416 ($5).
✔️ Gain scenario: If the share price rises by 10% to ₹25.55, your shares are now worth ₹91,520 (≈$1,100).
Result: That’s a +₹8,320 gain (+$100), reflecting a 10% gross return on your investment.

Trading via CFD

CFD trading on Bajaj Hindusthan Sugar lets you speculate on short-term price moves without owning the actual stock—ideal for active traders. CFDs require only a margin deposit, enable leverage, and are subject to different fee structures: the main costs are the spread (difference between buy/sell price set by the broker) and daily overnight financing if you hold your position after market close.

Important example

Example: You open a CFD position with a $1,000 (₹83,000) deposit and 5× leverage, giving you exposure to ₹415,000 (≈$5,000) worth of shares.
✔️ Gain scenario: If the stock rises by 8%, your leveraged profit is 8% × 5 = 40%. That’s a ₹33,200 ($400) gain, excluding spreads and overnight fees.
Result: On a ₹83,000 investment, a ₹33,200 profit is a 40% return—demonstrating CFDs’ amplifying effect, but keep in mind potential losses are also magnified.

Final Advice

Before investing, it’s essential to compare brokerage commissions, spreads, leverage options, and account conditions—costs and features can vary significantly. Your choice between spot buying and CFDs should align with your investment goals: long-term investors may prefer direct share ownership, while active traders might opt for CFDs and leverage. For in-depth broker comparisons and to find the best fit, consult the table further down this page. Remember, every method carries risks and rewards—choose what matches your strategy and risk tolerance.

Our 7 tips for buying Bajaj Hindusthan Sugar stock

The latest news about Bajaj Hindusthan Sugar

Bajaj Hindusthan Sugar stock shows continued bullish momentum with key technical indicators pointing to near-term strength. Over the past week, the stock price has remained above both the 20-day and 50-day simple moving averages, reinforcing a positive near-term trend. Technical signals such as a robust MACD bullish crossover and a relatively high RSI of 67.49 suggest buying interest, though the overbought Stochastic RSI and Williams %R indicate possible short-term overheating. Price volatility remains high, but trading above short-term averages signals affirmation from the market’s recent buying activity, which is a constructive factor for sentiment even as caution may be warranted in coming days.

The company’s financial structure has improved significantly, with the debt-to-equity ratio down from 2.21 in 2022 to 0.88 in 2024. Despite reporting a net loss in the latest quarter, Bajaj Hindusthan Sugar’s ongoing deleveraging efforts are noteworthy, as they directly reduce financial risk and interest expenses over time. Return on equity and ROCE have shown incremental improvements, even though they remain in low or negative territory; these trends highlight operational discipline and proactive management amid industry challenges. The substantially improved debt profile positions the company more favorably to capitalize on upswings within the sugar and ethanol markets as the macro environment evolves.

The government’s push towards 20% ethanol blending by 2025 creates a major long-term revenue opportunity for the firm. The sector-wide focus on ethanol blending, backed by clear government targets, is opening new, diversified streams of income for sugar producers like Bajaj Hindusthan Sugar. With an established ethanol production capacity of 800 KLPD and ongoing policy support, the company is strategically placed to benefit as India accelerates its transition to biofuels. This regulatory backdrop is expected to underpin both demand for industrial alcohol and stable utilization rates at the company’s distilleries, partially offsetting pressure from the cyclical nature of sugar revenues.

Sugar prices in Uttar Pradesh remain robust, exceeding ₹40,000 per tonne, supporting revenue sustainability in a challenging production year. Despite a projected 12% national decline in sugar output for 2025 due to climate impacts and crop diversion for ethanol, regional sugar prices have held firm. This price environment helps buffer the effect of lower volumes on top-line figures for leading producers operating in northern India, such as Bajaj Hindusthan Sugar. Strong domestic prices, combined with extensive production capacity, allow the company to manage margin pressure and maintain cash flow—a crucial advantage while sector supply remains tight.

Industry forecasts for the 2025-2026 season are turning positive, driven by improved monsoon patterns and expanded cane sowing. Latest data from the Indian Sugar Manufacturers Association indicate that a favorable recent monsoon has encouraged cane planting in key states, including Maharashtra and Karnataka. This is widely expected to stabilize or even boost future sugarcane availability, positively affecting utilization rates at Bajaj Hindusthan Sugar’s factories and distilleries. With projected domestic supply sufficient for market needs and ethanol policy tailwinds, the external environment is showing early signs of turning more supportive for integrated sugar producers entering the next season.

FAQ

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.