Today, we’re going on a journey to explore the estimated Renuka Sugars Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Renuka Sugars Share Price Target.
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Renuka Sugars Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.
Overview of Renuka Sugars
| Name | Shree Renuka Sugars Limited |
| Industry | Sugar Manufacturing |
| Type | Public Limited Company |
| Founded | 1998 |
| Headquarters | Belagavi, Karnataka, India |
| Country | India |
| Locations | South and West India |
| Website | renukasugars.com |
| Profile | Shree Renuka Sugars |
Keep an eye on Renuka Sugars’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Renuka Sugars’s share price.
Fundamentals of Renuka Sugars
The fundamental analysis of Renuka Sugars Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.
Renuka Sugars is one of India’s leading sugar manufacturers with a presence across the value chain. In addition to sugar milling, Renuka Sugars has diversified its business into green energy production, including ethanol and renewable power, sugar refining, cogeneration, and distillery. The company is one of the largest suppliers of ethanol to oil marketing companies in India and owns and operates two port-based refineries in Gujarat and West Bengal.
Renuka Sugars is also a leader in the branded sugar segment in India and is the only sugar refiner in the country. The company sells packaged sugar under the brand name “Madhur.” The company’s distillery produces ethanol from molasses, a byproduct of sugar production, and has a capacity of 320,000 liters per day. The company was awarded the “Best Ethanol Plant” award by the Indian Sugar Mills Association in 2019.
Brokerage Firms
An effective method for evaluating the Renuka Sugars share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.
Our Recommendation
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We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Renuka Sugars price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.
Based on our analysis, we believe that Renuka Sugars’ share price will continue to rise in 2023, with a minimum target of ₹60 and a maximum target of ₹80. Our minimum target is based on the company’s strong financial performance in recent years, with consistent revenue growth and profitability. In addition, the company has a strong balance sheet, with low debt levels and a healthy cash position.
Looking ahead to 2024, we believe that Renuka Sugars’ share price will continue to rise, with a minimum target of ₹80 and a maximum target of ₹100. Our analysis is based on the company’s strong financial performance and growth prospects, as well as the favorable market conditions in the sugar manufacturing and green energy industries.
In 2025, we expect Renuka Sugars’ share price to continue its upward trajectory, with a minimum target of ₹100 and a maximum target of ₹120. Our analysis is based on the company’s strong growth prospects, driven by its diversified business model and focus on sustainable products.
In 2027, we expect Renuka Sugars’ share price to continue its upward trajectory, with a minimum target of ₹140 and a maximum target of ₹160. Our analysis is based on the company’s strong growth prospects, driven by its diversified business model and focus on sustainable products.
Looking ahead to 2030, we believe that Renuka Sugars’ share price will continue to rise, with a minimum target of ₹200 and a maximum target of ₹250. Our analysis is based on the company’s strong financial performance and growth prospects, as well as the favorable market conditions in the sugar manufacturing and green energy industries.
Looking ahead to 2050, we believe that Renuka Sugars’ share price will continue to rise, with a minimum target of ₹1000 and a maximum target of ₹1200. Our analysis is based on the company’s strong financial performance and growth prospects, as well as the favorable market conditions in the sugar manufacturing and green energy industries.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2023 | ₹60 | ₹80 |
| 2024 | ₹80 | ₹100 |
| 2025 | ₹100 | ₹120 |
| 2026 | ₹120 | ₹140 |
| 2027 | ₹140 | ₹160 |
| 2030 | ₹200 | ₹250 |
| 2040 | ₹500 | ₹600 |
| 2050 | ₹1000 | ₹1200 |
– According to Google historical data, the price of Renuka Sugars on 2 Nov 2005 was ₹13.20.
– As of 28 July 2023, the current share price of Renuka Sugars is ₹45.70 Check out today’s current share price.
– Based on our analysis, the maximum share price target for Renuka Sugars in 2023 could be ₹80.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.
Disclaimer– That these Share Price Targets for “Renuka Sugars Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Renuka Sugars stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
