7 Biggest Ethanol Stocks In India - 2024 

EID - Parry (India) Ltd. It has a market cap of Rs.11,142.78 crore. This ethanol based company is a part of the Murugappa Group, a conglomerate of companies in India.  

Shree Renuka Sugars Ltd. The company has a market cap of Rs.9,791.0 crore. It primarily engages in the manufacturing and sale of sugar, ethanol, and power.

Balrampur Chini Mills Ltd. It has a market cap of Rs.7,840.98 crore. The company produces and distributes sugar, ethanol, alcohol, bagasse, molasses and organic manure.

Triveni Engineering and Industries Ltd. It has a market cap of Rs.7,418.4 crore. The company utilizes molasses from sugar production and  produces ethanol and extra neutral alcohol.  

Bajaj Hindusthan Sugar Ltd. The company has a market cap of Rs.4,272.4 crore. It is one of the major producers of ethanol in the country. 

Bannari Amman Sugars Ltd. The company has a market cap of Rs.3,285.78 crore. Its portfolio includes manufacturing of sugar, ethanol, alcohol, granite, among other sectors.

Dhampur Sugar Mills Ltd. (DSML) DSML has a market cap of Rs.1,570.07 crore. It primarily manufactures and sells sugar, chemicals like portable spirits, ethanol, etc.