In this blog about Renuka Sugars Share Price Target we are trying to give investors a unique idea. Before investing in any share, you should know each & every detail about the share in times of huge ups and downs in every share market. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.
Renuka Sugars Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, business policy, shareholding pattern, and forecast share price yearly. We use expert data and analysis to understand the Renuka Sugars Share Price Target 2024 to 2030.
What Is Shree Renuka Sugars Limited?
Shree Renuka Sugars Limited is India’s largest sugar, refiner, and ethanol producer. The company was established in the year 1998 and the headquarters of the company is situated in Mumbai. The company has a refining capacity of 4000 tonnes/day and a distillery capacity of 600 kilolitres/day.
Fundamental Analysis Of Shree Renuka Sugars Limited
| Company Name | Shree Renuka Sugars Limited |
| Market Cap | ₹10,925.45 Crore |
| P/B | 0 |
| Face Value | ₹1 |
| Book Value | ₹-5.36 |
| 52 Week High | ₹57.50 |
| 52 Week Low | ₹36.55 |
| DIV. YIELD | 0% |
Financial Data Analysis Of Shree Renuka Sugars Company
We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the section below, we discuss the performance of the company. Shree Renuka Sugars Share Price Target also depends on the ratio described below.
| PE Ratio | Return On Assets (ROA) | Current Ratio | Earning Per Share | Return On Equity (ROE) |
| -19.80 | -1.87% | 0.75 | -2.64 | 0% |
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Today’s Price Of Renuka Sugars Share
Rajesh Exports Share is a bullish trend in the share market. Renuka Sugars Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Today (29-07-2024) the Share Price NSE Rate is ₹50.96 at 4:07:57 pm which was open at ₹50.36 and the highest rate was ₹51.34 until now.
Past Few Month’s Performance List Of Renuka Sugars Stock
| Time | Increased/Decreased | Percenatge |
| Last 1 Month | +₹1.78 | 3.62% |
| Last 6 Month | +₹3.80 | 8.07% |
| Last 1 Year | +₹5.00 | 10.89% |
| Maximum Share Growth | +₹37.70 | 285.61% |
Renuka Sugars Share Price Target 2024
Shree Renuka Sugar Limited Company is one of the largest sugar and green energy producers in India. The company operates 8 sugar mills which also integrated ethanol, 2 of the largest port-based refineries. Most of the company’s sugar mills are situated in Uttar Pradesh, Maharashtra, and Karnataka. In the year 2007, the company launched Madhur Pure & Hygienic Sugar the largest-selling packed Sugar Brand. Renuka Sugars Share Price Target 2024 forecast is described below.
- In the middle of the year, it may continue at ₹50.21.
- At the end of the year, the price may reach ₹54.58.
| July | ₹49.25 |
| August | ₹50.21 |
| September | ₹51.89 |
| October | ₹53.12 |
| November | ₹52.63 |
| December | ₹54.58 |
Renuka Sugars Share Price Target 2025
Renuka Sugars Share Price return percentage was 46.24% in the last 3 years as compared to Nifty Midcap 100 which gave a return of 111.50% in the last trading session. The last 3 month’s share price return percentage was 13.6% and the last 3 year’s share price return percentage was 46.01%. With the steady growth of the company Renuka Sugars Share Price Target 2025, may also grow which is described below.
- In the First Stage of the year, the price may reach ₹54.96.
- In the middle of the year, the price may reach ₹51.63.
- In the last stage of the year, the price may reach ₹55.41.
| Month | Renuka Sugars Share Price Target 2025 |
| January | ₹54.96 |
| February | ₹55.01 |
| March | ₹50.12 |
| April | ₹50.74 |
| May | ₹51.63 |
| June | ₹51.95 |
| July | ₹52.36 |
| August | ₹53.14 |
| September | ₹53.77 |
| October | ₹54.23 |
| November | ₹52.85 |
| December | ₹55.41 |
Renuka Sugars Share Price Target 2026
Renuka’s Green Energy business also increasing rapidly, overall 75% of electricity is generated from renewable energy. 501 MN KwH of Green Energy is produced from 196 Million Liters of Ethanol which is contributed to the Government Ethanol Blending Programme. With many ups and downs Renuka Sugars Share Price Target 2026, may go a little bit down words, the predicted share price is described below.
- In the 1st stage of the year, the price rate may start at ₹55.63.
- For the middle of the year may reach ₹53.85.
- At the end of the year, it may reach ₹54.60.
| Month | Renuka Sugars Share Price Target 2026 |
| January | ₹55.63 |
| February | ₹55.85 |
| March | ₹53.52 |
| April | ₹53.85 |
| May | ₹54.85 |
| June | ₹55.41 |
| July | ₹55.89 |
| August | ₹55.92 |
| September | ₹55.96 |
| October | ₹55.98 |
| November | ₹54.12 |
| December | ₹54.60 |
Renuka Sugars Share Price Target 2027
The total revenue amount of the company was ₹8,689.45 Crore in March 2023 which increased to ₹10,899.23 Crore in March 2024. In recent times (on 28th July 2024) Renuka Sugars has in trading at 1.52% upper at ₹50.98 as compared to the last closing date. If we look at Renuka Sugars Share Price Target 2027 which is described below.
- In the 1st part of the year, the initial price rate may be ₹54.85.
- In the middle of the year, the price may reach ₹55.89.
- At the end of the year, the price may reach ₹57.56.
| Month | Renuka Sugars Share Price Target 2027 |
| January | ₹54.85 |
| February | ₹54.98 |
| March | ₹55.23 |
| April | ₹55.89 |
| May | ₹56.23 |
| June | ₹56.74 |
| July | ₹56.85 |
| August | ₹56.96 |
| September | ₹57.41 |
| October | ₹56.65 |
| November | ₹57.12 |
| December | ₹57.56 |
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Renuka Sugars Share Price Target 2030
Shree Renuka Sugars also acquired a distillery, the extreme products from distillery operations are blended with chemicals that are sold as biofertilizers. The Union Budget 2024 also announced Agri Stocks have also been focused, with sugar and fertilizer packs going to come under the spotlight. The Government of India also rationalized the fertilizer subsidy the promote the production of Biofertilizer. With the help of the government, the company also grow in the coming future and the share price may also be increased parallelly. Renuka Sugars Share Price Target 2030 is described below.
- The 1st Price Target of the year is ₹63.52.
- In the middle of the year, the price rate may be ₹64.89.
- At the end of the year, the price may reach ₹66.02.
| Month | Renuka Sugars Share Price Target 2030 |
| January | ₹63.52 |
| February | ₹63.85 |
| March | ₹64.01 |
| April | ₹64.36 |
| May | ₹64.89 |
| June | ₹65.01 |
| July | ₹65.25 |
| August | ₹63.22 |
| September | ₹65.45 |
| October | ₹66.02 |
| November | ₹65.23 |
| December | ₹66.02 |
Peer’s Company Of Renuka Sugars Limited
| Company Name | Market Cap (Crore) |
| Dalmia Sugar | ₹3,301.25 |
| Balrampur Chini | ₹9,381.52 |
| Avadh Sugar | ₹1,296.52 |
| Bajaj Hindustha | ₹5,667.12 |
Investors Types And Ratio Of Renuka Sugars Company
There are four main types of investors in Renuka Sugars Company. The company’s growth also depended upon the ratio of investors who invested in the share.
| Shareholders | Percentage(%) |
| Promoter | 62.40% |
| Public | 24.00% |
| FII | 3.45% |
| DII | 10.15% |
Advantages and Disadvantages Of Renuka Sugars Share
Every share has some advantages and some disadvantages also. So, the Renuka Sugars Share Price Target also has some advantages and disadvantages.
Advantages
- In the last 3 years, the revenue growth of the company was good, which was 23.38%.
- The promoter holding capacity of the company is good which is 62.40%.
- The Sales Growth percentage of the company is good which was 23.47% in the last 3 years.
- The company has an efficient cash conversation cycle of -11.55 days.
Disadvantages
- The ROE percentage of the company is very poor which was 0% in the last 3 years.
- The Profit Growth of the company decreased in the last 1 year.
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FAQ
What is the Renuka Sugars Share Price Target for 2024?
Renuka Sugars Share Price Target for 2024 is ₹49.25 to ₹54.58.
What is the Renuka Sugars Share Price Target for 2025?
Renuka Sugars Share Price Target for 2025 is ₹54.96 to ₹55.41.
What is the Renuka Sugars Share Price Target for 2026?
Renuka Sugars Share Price Target for 2026 is ₹55.63 to ₹54.60.
What is the Renuka Sugars Share Price Target for 2027?
Renuka Sugars Share Price Target for 2027 is ₹54.85 to ₹57.56.
What is the Renuka Sugars Share Price Target for 2028?
Renuka Sugars Share Price Target for 2028 is ₹57.66 to ₹58.23.
What is the Renuka Sugars Share Price Target for 2030?
Renuka Sugars Share Price Target for 2030 is ₹63.52 to ₹66.02.
What is the main function of Renuka Sugars Company?
Renuka Sugars Company is engaged in the business of manufacturing sugar, ethanol, ethyl alcohol, and the generation of power from green energy.
Who is the CEO of Renuka Sugars Limited?
Mr. Atul Chaturvedi is the CEO of Renuka Sugars Limited Company.
Why are Renuka Sugars falling?
The net profit rate of the company decreased, in the last quarter on March 31 the company’s loss at ₹112.8 Crore in the last quarter of the year. The income of the company increased yearly. With the help of the Government, the company will grow its share will grow more in the coming future.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about the Renuka Sugars Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Renuka Sugars Share Price Target may reach a very high position. Renuka Sugars Company is related to the sugar, refiner, and ethanol producer Sector. So the demand for this sector also increases which helps the share to gain profit in the future.
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