If you are thinking about which sugar sector stock will be the best for investment in recent times, then you should know about Shree Renuka Sugars Ltd Share Price Target. Today in this blog post I am going to discuss the basics of Shree Renuka Sugars Ltd Share Price Target for 2024, 2025, up to 2050. We did deep research and took expert advice to write this blog post, and to understand basics of the company’s growth, performance, Future Plans, etc Of Shree Renuka Sugars Ltd.
Shree Renuka Sugars Ltd is a sugar Sector company listed in both BSE and NSE. In this blog post, we will discuss the Shree Renuka Sugars Ltd’s financial growth, business policies, the shareholding pattern, and its share price forecast yearly. we use a lot of website data to analyze and to understand the Shree Renuka Sugars Ltd’s fundamentals and its future Share Price Target from 2024 up to 2050.
About Shree Renuka Sugars Ltd
Shree Renuka Sugars Ltd is a sugar production company that was incorporated in the year of 1995. The headquarters of Renuka sugars is located in Belagavi, Karnataka. The exports its products like European and African countries.
Product List of Shree Renuka Sugars Ltd
Sugar
Ethanol
Bio fertilizers
Power
Fundamentals of Shree Renuka Sugars Ltd
| Market Cap | ₹ 11,295.90 Cr |
| P/E | 0 |
| P/B | 0 |
| Dividend Yield | 0% |
| Book Value (TTM) | ₹ -5.62 |
| Cash | ₹ 39.78 Cr |
| Debt | ₹ 4,431.56 Cr |
| EPS (TTM) | ₹ -2.77 |
| Sales Growth | 26.28% |
| ROE | 0% |
| ROCE | 12.23% |
| Profit Growth | -312.22% |
Fundamental Analysis of Shree Renuka Sugars Ltd
Before investing we need to understand about the Shree Renuka Sugars Ltd major ratios like PE ratio, return on assets, current ratio, and return on equity, etc. Because it give us financial health information of Shree Renuka Sugars Ltd. So in this section, I will discuss the financial performance of Shree Renuka Sugars Ltd and its future Share Price prediction s are based on the ratios analyzed below.
PE Ratio
Shree Renuka Sugars Ltd has a 0% PE ratio compared to its sector PE ratio of 58.26%, indicating that the stock is undervalued compared to its sector and best stock for further study.
Return on Assets
Shree Renuka Sugars Ltd’s Return on assets is -5.62% in 2024 compared to previous year 14.39% 2023 which is -1.81% decreased compared to previous year, indicated that the company is not able to generate profits from its assets in the current year.
Return on Equity
Shree Renuka Sugars Ltd Has 0% ROE which is bad. Generally higher ROE is better.
Sales Growth
The sales growth of the Shree Renuka Sugars Ltd was 26.28% in last year, for the last 3 years 25.02%, and last 5 years 20.31%, indicating that the company has been sucessfully expanding its market share, and increasing product sales.
Debt to Equity Ratio
Shree Renuka Sugars Ltd Has -4.18 which indicate that the company has low proportion of debt in its capital.
Dividend Yield
This year dividend payout of the Shree Renuka Sugars Ltd Is 0 Rs. And the yield is 0%, indiacting the company not paying dividend to its investors.
Earnings per Share
Shree Renuka Sugars Ltd Grow by -2.77%, indicating that the company incurred losses in recent period.
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Share Holding Pattern of Shree Renuka Sugars Ltd
Promoters: 62.48%
Public: 24%
FII (Foreign Institutional Investors): 3.43%
DII (Domestic Institutional Investors): 10.09%
Promoters Holding
Promoter shareholding in the company is 62.48% which indicate that promoters has significant level of control over the company and believe in company’s future growth.
FII Holding & DII Holding
FII & DII holds 3.43% and 10.09% respectively in the company, which reflecting the company’s attractiveness to international investors as well as domestic investors.
Public Holding
Public holding in the company is around 24% which indicates that Shree Renuka Sugars Ltd has a moderate public trust and participation.
Shree Renuka Sugars Ltd Share Price Target from 2024 to 2050
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 43 | 58 |
| 2025 | 55 | 72 |
| 2026 | 64 | 93 |
| 2030 | 243 | 374 |
| 2040 | 520 | 646 |
| 2050 | 822 | 950 |
Shree Renuka Sugars Ltd Share Price Target 2024
In this volatile market Shree Renuka Sugars Ltd moves aggressive in uptrend with making higher highs and higher lows so expert believe that the stock will continue its trend in up coming months. They believe that If the Shree Renuka Sugars Ltd sustain level above 56 then it will continue its uptrend rally and breaks it all time high of 67, So as per experts analysis, Shree Renuka Sugars Ltd’s Share Price Target 2024 will be a minimum of 43 and a maximum of 58.
| Minimum Share Price Target | 43 |
| Maximum Share Price Target | 58 |
Shree Renuka Sugars Ltd Share Price Target 2025
Shree Renuka Sugars Ltd’s sales growth over the last 1 year was 26.28% and over the last 3 years 25.02% and over the last 5 years, 20.31% indicating a strong and positive trend in the company’s performance, so we are expecting Shree Renuka Sugars Ltd Share Price Target 2025 will be a minimum of 55 and a maximum of 72.
| Minimum Share Price Target | 55 |
| Maximum Share Price Target | 72 |
Shree Renuka Sugars Ltd Share Price Target 2026
Sugar sector production growth is projected to reach 50.76. Billion by 2032, this create in business apportunite to the copany, so as per our analysis Shree Renuka Sugars Ltd Share price target for 2026 will be minimum of 64 and maximum of 93.
| Minimum Share Price Target | 64 |
| Maximum Share Price Target | 93 |
Shree Renuka Sugars Ltd Share Price Target 2030
Increasing demand for ethanol will create new market apportunities for the company. The ethanol market growth is expected to reach 135.07 billion by 2030, so we are expecting Shree Renuka Sugars Ltd Share Price Target for 2030 will be a minimum of 243 and a maximum of 374.
| Minimum Share Price Target | 243 |
| Maximum Share Price Target | 374 |
Shree Renuka Sugars Ltd Share Price Target 2040
Increasing demand for electricity will boost the company performance, so we are expecting Shree Renuka Sugars Ltd Share Price Target for 2040 will be a minimum of 520 and a maximum of 646.
| Minimum Share Price Target | 520 |
| Maximum Share Price Target | 646 |
Shree Renuka Sugars Ltd Share Price Target 2050
Consumer are now sifting consume healthy food, former’s are using bio fertilizers and the company is engaged in production of bio fertilizers. The will create new market opportunity for the company. So we are expecting Shree Renuka Sugars Ltd Share Price Target for 2050 will be a minimum of 822 and a maximum of 950.
| Minimum Share Price Target | 822 |
| Maximum Share Price Target | 950 |
Final Words
Shree Renuka Sugars Ltd has good financial conditions and strong management. The company has been operating in the market for more than 3 decades with experience in sugar sector. So the targets given here are based on its recent trends and market movement. This is only for information purpose so before investment check all market conditions before investment.
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FAQ:
What is Shree Renuka Sugars Ltd Share Price Target 2024?
Shree Renuka Sugars Ltd’s Share Price Target 2024 will be a minimum of 43 and a maximum of 58.
What is Shree Renuka Sugars Ltd Share Price Target 2040?
Shree Renuka Sugars Ltd Share Price Target for 2040 will be a minimum of 520 and a maximum of 646.
What is Shree Renuka Sugars Ltd Share Price Target 2050?
Shree Renuka Sugars Ltd Share Price Target for 2050 will be a minimum of 822 and a maximum of 950.
