Shree Renuka Sugar Share Price Target : Are you thinking of investing in Shree Renuka Sugar shares? Want to know its future price target? In this guide, we will discuss Shree Renuka Sugar share price target for the year 2024, 2025, 2026, 2030. Along with this, we will do a complete fundamental analysis to help you make the right decision.
We are a fully integrated sugar company focused on manufacturing, marketing and trading of sugar, power generation and ethanol production. At the leased plant in Ajara in Maharashtra, sugar is manufactured from sugarcane.
We entered into a lease agreement with AjaraShetkari Sahakari Sakhar Karkhana Limited (a co-operative sugarfactory) with a capacity of 2,500 TCD for a period of two years. We have entered into a lease agreement on July 2005 withMohanrao Shinde Sahakari Sakhar Karkhana Limited to operatethe sugar mill and co-generation power plant for a period of six years starting from SY 2006.In the year 2004, we set up our wholly owned subsidiary.
Renuka Commodities DMCC for wholesale trading of sugar inthe International market. Renuka Commodities DMCC was incorporated and registered as a Company in the Dubai Metals & Commodities Centre free trade zone in Dubai, United Arab Emirates.
| Fundamentals | Shree Renuka Sugar |
|---|---|
| Market Cap | ₹11,479 Cr |
| 52 Week High | 56.50 |
| 52 Week Low | 36.55 |
| NSE Symbol | RENUKA |
| ROE | 43.62% |
| P/E Ratio | -17.57 |
| EPS | -3.07 |
| P/B Ratio | 0.00 |
| Dividend Yield | 0.00% |
| Industry P/E | 20.70 |
| Book Value | -11.49 |
| Debt to Equity | -4.03 |
| Stock Face Value | 1 |
Shree Renuka Sugar Shareholding Pattern
| Promoters | 62.48% |
|---|---|
| Retail & Others | 24.00% |
| DII | 9.99% |
| FII | 3.43% |
| Mutual Funds | 0.09% |
The Shree Renuka Sugar Financial Reports
| Sector | Year (2023) |
|---|---|
| Revenue | 2,887 Cr. |
| Expense | 2,948 Cr. |
| Profit Before Tax | -60.80 Cr. |
| Net Profit | -158.60 Cr. |
Shree Renuka Sugar Share Price Target 2024
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2024 can be ₹53.20 and the maximum price can be ₹55.10.
| Month Wise (Year 2024) | Target Price |
|---|---|
| October | ₹53.20 |
| November | ₹54.50 |
| December | ₹55.10 |
Also Read: Manba Finance Share Price Target 2024, 2025, 2030, 2040 to 2050
Shree Renuka Sugar Share Price Target 2025
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2025 can be ₹55.00 and the maximum price can be ₹65.80.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹55.00 |
| February | ₹55.26 |
| March | ₹55.95 |
| April | ₹56.20 |
| May | ₹57.50 |
| June | ₹56.90 |
| July | ₹58.50 |
| August | ₹60.00 |
| September | ₹61.20 |
| October | ₹61.80 |
| November | ₹63.15 |
| December | ₹65.80 |
Also Read: ONGC Share Price Target 2024, 2025, 2026, 2030, 2040 to 2050
Shree Renuka Sugar Share Price Target 2026
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2026 can be ₹65.00 and the maximum price can be ₹78.00.
| Month Wise (Year 2026) | Target Price |
|---|---|
| January | ₹65.00 |
| December | ₹78.00 |
Also Read: INDIGO Share Price Target 2024, 2025, 2030, 2040 to 2050
Shree Renuka Sugar Share Price Target 2030
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2030 can be ₹110 and the maximum price can be ₹135.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹110 |
| December | ₹135 |
Also Read: Hindalco Share Price Target 2024, 2025, 2026, 2030, 2040 to 2050
Shree Renuka Sugar Share Price Target 2040
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2040 can be ₹150 and the maximum price can be ₹175.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹150 |
| December | ₹175 |
Also Read: Taneja Aerospace Share Price Target 2024, 2025, 2026 to 2030
Shree Renuka Sugar Share Price Target 2050
The share price of Shree Renuka Sugar may Ups & Down. According to our analysis levels, the minimum price of Shree Renuka Sugar share in 2050 can be ₹210 and the maximum price can be ₹250.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹210 |
| December | ₹250 |
Also Read: Sun Pharma Share Price Target 2024, 2025, 2026, 2030 to 2050
Shree Renuka Sugar Financial Information
Our Competitive Strengths
- We are a fully integrated player.
- Track record of successful acquisitions.
- Reduced impact of seasonality of the sugarcane crops.
- We have superior utilisation of fixed assets.
- We have the largest sugar refinery in India.
- We have access to superior technology for refining ofsugar.
- Our sales are focused towards corporate and industrialbuyers.
- We have a prominent trading presence in India’sinternational sugar trade.
- We are located in one of the high yield and high recoverycane producing regions.
- We have excellent relationships with sugarcane farmers.
- We have an elaborate sugarcane collection network.
- We operate an integrated distillery.
- We have a Fuel Ethanol plant attached to our distillery.
- Government policy encourages co-generation.
- We have made substantial progress in registering ourcogeneration plant for carbon credits.
Strategy
- Expand our installed capacity in a capital efficient manner.
- Achieve end-to-end integration for all our plants to improve margins and reduce cyclicality of the business.
- Achieve greater raw material security.
- Increase our focus on corporate and high-value customers.
- To reduce price risk in sugar by hedging.
- Maintain a strong presence in the export markets.
- Expand market for Ethanol.
How To Buy Shree Renuka Sugar Share?
To buy Shree Renuka Sugar shares, you can easily buy shares of Shree Renuka Sugar by using the trading platform of many stock brokers.
The names of most trading platforms for buying Shree Renuka Sugar shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.
