Shree Renuka Sugars (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Shree Renuka Sugars Limited |
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Price: ₹39.78 | ||
| 52 Week Low: ₹36.55 52 Week High: ₹56.50 |
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| Market Capital: 8,884.26 Crore (Midcap) | |||
| Consumer Defensive -> Confectioners | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Shree Renuka Sugars Share Price Target For 2024
- 1.1.1: Shree Renuka Sugars Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Shree Renuka Sugars Share Price Target For 2025
- 1.2.1: Shree Renuka Sugars Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Shree Renuka Sugars Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Shree Renuka Sugars Brief Company Overview
- 4: Shree Renuka Sugars Financial Performance
- 4.0.1: Is Shree Renuka Sugars A Good Buy For Long Term?
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
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 41.42 (+4.12%) | Price Action: 11 Nov 2024 Low |
| 2024 Target 2 | 40.96 (+2.96%) | Price Action: Feb 2012 High |
| 2024 Target 1 | 40.49 (+1.78%) | Price Action: 14 Nov 2024 High |
| Current Price | 39.78 | Shree Renuka Sugars's share price as of 20 Dec 2024 |
| Stop Loss 1 | 39.34 (-1.11%) | Price Action: Jun 2021 High |
| Stop Loss 2 | 38.9 (-2.22%) | Price Action: May 2022 Low |
| Stop Loss 3 | 38.46 (-3.32%) | Price Action: Mar 2008 Low |
Short-Term Technical Outlook
Current Technical Position: Shree Renuka Sugars is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹41.69 serves as the nearest technical reference point.
Historical Returns: 3-month: -26.97% | 6-month: -18.88% | 1-year: -15.63%
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
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 54.19 (+36.22%) | Price Action: Chart |
| 2025 Target 2 | 53.18 (+33.68%) | Price Action: Chart |
| 2025 Target 1 | 52.65 (+32.35%) | Fibonacci Extension Level 64.90% |
| Current Price | 39.78 | Shree Renuka Sugars's share price as of 20 Dec 2024 |
| Stop Loss 1 | 36.7 (-7.75%) | Price Action: Jan 2022 High |
| Stop Loss 2 | 36.0 (-9.51%) | Price Action: Feb 2006 Low |
| Stop Loss 3 | 35.5 (-10.76%) | Price Action: Apr 2022 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Shree Renuka Sugars is currently trading near its 52-week low of ₹36.55, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -15.63% | 3-year: +32.42% | 5-year: +371.33%
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Approach 2: Machine Learning By Studying Historical Prices
Shree Renuka Sugars Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹39.78 | ||
| 2024 | ₹46.85 | +17.77% | ₹47.55 |
| 2025 | ₹42.56 | -9.16% | ₹50.28 |
| 2026 | ₹43.42 | +2.02% | ₹48.30 |
| 2027 | ₹41.04 | -5.48% | ₹46.31 |
| 2028 | ₹42.78 | +4.24% | ₹44.32 |
| 2029 | ₹39.48 | -7.71% | ₹40.81 |
| 2030 | ₹35.65 | -9.70% | ₹42.33 |
| 2031 | ₹36.13 | +1.35% | ₹40.34 |
| 2032 | ₹33.91 | -6.14% | ₹38.36 |
| 2033 | ₹35.09 | +3.48% | ₹36.37 |
| 2034 | ₹32.11 | -8.49% | ₹33.43 |
| 2035 | ₹28.74 | -10.50% | ₹34.38 |
| 2036 | ₹28.84 | +0.35% | ₹32.39 |
| 2037 | ₹26.78 | -7.14% | ₹30.41 |
| 2038 | ₹27.39 | +2.28% | ₹28.42 |
| 2039 | ₹28.29 | +3.29% | ₹29.30 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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 | 8,884.26 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) | -4,725,700,096.00 | 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
