Company profileDangote Sugar Refinery Plc produces and sells refined sugar to consumers and industrial markets in Nigeria. The company offers vitamin A fortified sugar for direct consumption, baked foods, sweetening of cereals, and beverages applications; and non-fortified industrial sugar used by pharmaceuticals, food and beverage, other manufacturing companies. It sells its products under the Dangote Sugar brands. The company also exports its products. The company was founded in 1999 and is headquartered in Lagos, Nigeria. Dangote Sugar Refinery Plc operates as a subsidiary of Dangote Industries Limited.
Dangote Sugar Refinery Plc (DANGSUGAR) is listed on NGX in the CONSUMER GOODS sector, with exposure to Sugar And Confectionery Products. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
Why this stock may reactDirect company signals
rights_issue_fully_subscribed
DANGSUGAR may benefit from rights_issue_fully_subscribed. Confidence 95%.
Article states Dangote Sugar raised N485.9 billion through a fully subscribed rights issue.
rights_issue_oversubscription
DANGSUGAR may benefit from rights_issue_oversubscription. Confidence 95%.
Article states Dangote Sugar raised N485.9 billion after investors fully subscribed to the rights issue, indicating the company benefits from the successful capital raise.
52-week decline
DANGSUGAR may move with 52-week decline. Confidence 90%.
Article states the stock closed ~28% below its 52-week high (N69 vs N95.80).
