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Shree Renuka Sugars Share Price Target 2024, 2025, 2026 to 2039 With Charts
Shree Renuka Sugars Limited | |||
Symbol: RENUKA | |||
Price: ₹38.36 | |||
Exchange: NSE | |||
Consumer Defensive -> Confectioners |
Show Table of Contents
Table of Contents
- 1: Shree Renuka Sugars Brief Company Overview
- 1.1: Shree Renuka Sugars Limited: A Leading Player in the Sugar Industry
- 1.2: Shree Renuka Sugars Financial Performance
- 1.2.1: Is Shree Renuka Sugars A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Shree Renuka Sugars Share Price Target For 2024
- 2.1.1: Shree Renuka Sugars Share Price Target Table For 2024
- 2.1.2: Summary: Shree Renuka Sugars Share Price Prediction For 2024
- 2.2: Shree Renuka Sugars Share Price Target For 2025
- 2.2.1: Shree Renuka Sugars Share Price Target Table For 2025
- 2.2.2: Summary: Shree Renuka Sugars Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Shree Renuka Sugars Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Shree Renuka Sugars Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Shree Renuka Sugars Past Performance
Shree Renuka Sugars Brief Company Overview
Shree Renuka Sugars Limited: A Leading Player in the Sugar Industry
Founded in 1995, Shree Renuka Sugars Limited is a renowned player in the Indian sugar market. With a presence in multiple countries, the company specializes in manufacturing and refining various sugar products, including white sugar, molasses, and bagasse. Shree Renuka Sugars also produces ethanol, power, and organic manure, showcasing its diverse product range.
The company's commitment to sustainability is evident in its use of bagasse as a source of renewable energy. With a total cogeneration capacity of 242 MW, Shree Renuka Sugars generates power for state grids, contributing to the nation's energy needs.
Shree Renuka Sugars Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 9,048.2 Crore | Market valuation of Shree Renuka Sugars's shares. |
Revenue (TTM) | 10,181.24 Crore | Total revenue generated by Shree Renuka Sugars over the past twelve months. |
Net Income (TTM) | -472.57 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | 4.11% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | -4.65% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) | +18.09% | Change in revenue compared to the previous quarter. |
Debt-to-Equity (D/E) Ratio | -4.37 | Company's total debt divided by total shareholder equity. |
Total Debt | 5,198.29 Crore | Sum of Shree Renuka Sugars's current & long-term financial obligations. |
Total Cash | 149.19 Crore | Total amount of liquid funds available to Shree Renuka Sugars. |
Beta | 0.77 | Beta is less than 1 indicating that the Shree Renuka Sugars's price is less volatile than the market. |
Is Shree Renuka Sugars A Good Buy For Long Term?
Shree Renuka Sugars' recent financial performance raises concerns. With a negative profit margin (-4.65%) and revenue growth of only 18.09% in Q3-2023-24, its financial health is not encouraging. Additionally, its high debt of 5,198.29 Crore in Q3-2023-24 is a cause for worry. Considering these factors, it may not be a wise choice for a long-term investment at this time.
To predict the Shree Renuka Sugars's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Shree Renuka Sugars Share Price Target For 2024
The line chart displays the monthly closing prices of Shree Renuka Sugars with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Shree Renuka Sugars shares in 2024, see the table below.
Shree Renuka Sugars Share Price Target Table For 2024
Shree Renuka Sugars's Levels | Value | Reason/Importance |
---|---|---|
2024 Target 3 | 39.60 (+3.23%) | Price Action: May 2024 Low |
2024 Target 2 | 39.20 (+2.18%) | Price Action: Jun 2022 Low |
2024 Target 1 | 38.72 (+0.93%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 38.36 | Shree Renuka Sugars's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 38.29 (-0.19%) | Price Action: Nov 2024 Low |
Stop Loss 2 | 37.90 (-1.2%) | Fibonacci Retracement Extended 28.2% |
Stop Loss 3 | 37.45 (-2.38%) | Price Action: Dec 2008 High |
Summary: Shree Renuka Sugars Share Price Prediction For 2024
In summary, Shree Renuka Sugars has declined by ₹-8.79, recording a notable -18.64% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Shree Renuka Sugars for 2024 predicts an additional rise of 0.93% to 3.23% by the end of 2024 with three potential targets T1: 38.72, T2: 39.20, T3: 39.60. Stop Loss at SL1: 38.29, SL2: 37.90, SL3: 37.45.
Shree Renuka Sugars has a 52-week high of ₹56.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹36.54, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Shree Renuka Sugars.
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Shree Renuka Sugars Share Price Target For 2025
The line chart displays the monthly closing prices of Shree Renuka Sugars with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Shree Renuka Sugars shares in 2025, see the table below.
Shree Renuka Sugars Share Price Target Table For 2025
Shree Renuka Sugars's Levels | Value | Reason/Importance |
---|---|---|
2025 Target 3 | 50.75 (+32.29%) | Price Action: Chart |
2025 Target 2 | 49.80 (+29.82%) | Price Action: Chart |
2025 Target 1 | 49.31 (+28.54%) | Custom Fibonacci Extension Lvl 64.9% |
Current Price | 38.36 | Shree Renuka Sugars's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 35.50 (-7.46%) | Price Action: Apr 2022 Low |
Stop Loss 2 | 35.00 (-8.76%) | Price Action: May 2012 High |
Stop Loss 3 | 34.55 (-9.94%) | Price Action: Dec 2012 High |
Summary: Shree Renuka Sugars Share Price Prediction For 2025
In summary, Shree Renuka Sugars has declined by ₹-8.79, recording a notable -18.64% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Shree Renuka Sugars for 2025 predicts an additional rise of 28.54% to 32.29% by the end of 2025 with three potential targets T1: 49.31, T2: 49.80, T3: 50.75. Stop Loss at SL1: 35.50, SL2: 35.00, SL3: 34.55.
Shree Renuka Sugars has a All-Time high of ₹123.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹36.54, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Shree Renuka Sugars, we have created a specific page for that check here: Shree Renuka Sugars Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Shree Renuka Sugars Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Shree Renuka Sugars share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -3.84% over the next 15 years.
For complete year by year Shree Renuka Sugars long term share price target from 2024, 2025 to 2039 check the below table.
Shree Renuka Sugars Share Price Target Table From 2024, 2025, 2026 to 2039
Year | Shree Renuka Sugars Target | YoY Change % |
---|---|---|
2024 | ₹38.36 | [Current Price] |
2024 | ₹48.97 | 27.65% |
2025 | ₹43.89 | -10.38% |
2026 | ₹45.34 | 3.3% |
2027 | ₹43.94 | -3.09% |
2028 | ₹46.54 | 5.91% |
2029 | ₹42.41 | -8.88% |
2030 | ₹37.85 | -10.76% |
2031 | ₹38.93 | 2.85% |
2032 | ₹37.54 | -3.58% |
2033 | ₹39.56 | 5.38% |
2034 | ₹35.85 | -9.38% |
2035 | ₹31.81 | -11.27% |
2036 | ₹32.51 | 2.2% |
2037 | ₹31.14 | -4.22% |
2038 | ₹32.58 | 4.62% |
2039 | ₹28.29 | -13.17% |
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Shree Renuka Sugars Past Performance
- In 2005, Shree Renuka Sugars opening price was ₹13.35
- As of Thu 21 Nov 2024 the price stands at ₹38.36.
- This represents a Compound Annual Growth Rate (CAGR) of 5.42%.
- In 19 years, an investment of 10,000 would have become ₹28,734.08.
As we wrap up, we hope you like our study on Shree Renuka Sugars share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.