Hello friends, today we will know Shree Renuka Sugars share price target for 2024, 2025, 2028, 2030, in which direction the performance of the company’s stock can be seen. The kind of performance the company’s shares have shown after a long time in the last few months, a lot of hope is being seen on this stock.
As the name suggests, the company’s business is widely spread in Chinese manufacturing. Today we will try to analyze the complete details of Shree Renuka sugars and try to know how the company is going to show its share price in the coming years. Let us know in detail about Shree Renuka sugars share-
Shree Renuka sugars share price target 2024
Shree Renuka Sugar appears to be a leading company in sugar manufacturing and refining in India. Along with this, the business is also seen very much in the company Ethanol, Power Generation and Organic Manure production. Being a good Diversify business, Shree Renuka sugars is fully capable of showing good growth in the coming time.
For the past few months, the business of Shree Renuka sugars has been seen in the news market to acquire Adani Group, due to which the company’s stock has also shown a tremendous jump. If Adani Group is seen keeping an eye on Shree Renuka sugars in the coming days, then there is going to be a big jump in the share price of the company.
In a short time, Shree Renuka sugars share price target can be seen showing you the first target of Rs 36 with good returns by 2024. After this target you can stop for another target having interest of Rs.39.
Shree Renuka Sugars share price target 2025
The company seems to be making a very good hold in the market along with its Chinese manufacturing as well as in the Ethanol business. For some time now, the demand for Ethanol is increasing rapidly. Along with this, the government is also seen promoting the use of ethanol in pairs, in which the government is adding ethanol mixed in petrol.
In the coming days, as the use of ethanol in the chemical sector and petrol will be seen increasing, at the same time the business of Shree Renuka sugars is also going to show growth accordingly.
Due to the growing business of each segment of Shree Renuka sugars share price target in 2025 it can be expected that the first target will show you Rs 44. And then you can consider holding the second target for Rs 46.
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Shree Renuka Sugars share price target 2028
The management of Shree Renuka sugars has carefully placed its manufacturing plant at the place where sugarcane is produced the most. Due to which the company gets a significant reduction in the transportation cost and the company is able to maintain a good profit margin.
The management of the company has also seen a very good decision on strengthening the distribution network, where the company has been seen to export its products to Gujarat and West Bengal. With this, the company is seen easing the distribution in every state of India, as well as covering South Asia, Middle East countries outside.
Due to having a strong network Shree Renuka sugars share price target by 2028, you can get to see the company’s first target of Rs 60 in the coming years. After that you can soon see the second target getting interest of Rs.67.
Shree Renuka Sugars share price target 2030
In the long run, the company seems to be increasing its focus on strengthening each of its business segments. Along with Sugar and Ethanol, Shree Renuka sugars continues to increase its investment amount in Power Generation as well.
Due to the good hold of Shree Renuka sugars in every business segment, the company is definitely going to be seen benefiting in the long run. Due to the increasing good performance of the company, the promoters are also seen increasing their stake.
As Shree Renuka sugars will be seen improving its performance share price target by 2030, giving you good earnings, there is every possibility of showing share price around Rs 150.
Shree Renuka sugars share price target 2024, 2025, 2028, 2030
| YEAR | SHREE RENUKA SUGARS SHARE PRICE TARGET |
|---|---|
| 2024 Target 1 | Rs 36 |
| Target 2 | Rs 39 |
| 2025 Target 1 | Rs 44 |
| Target 2 | Rs 46 |
| 2028 Target 1 | Rs 60 |
| Target 2 | Rs 67 |
| 2030 Target | Rs 150 |
The future of Shree Renuka Sugars share
From the future point of view, Shree Renuka sugars is expected to grow the business at a fast pace due to the market leading position in its business segment. Also, due to the long experience of the management in this business, it is seen to manage the cash flows well for the expansion of the business. Due to which in the long run, due to good management decisions, tremendous growth can be seen in the share price.
The government is now slowly giving good help to the domestic production company for the growth of the business, which can be seen taking advantage of Shree Renuka sugars in the coming years.
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Shree Renuka Sugars Share Financial Analysis
If we look at the financial performance of the company, it is not that strong, if we look at it continuously till FY 2023, then Shree Renuka sugars seems to be running the business in the same loss. However, as the business seems to be growing, the management is fully hopeful that profits will be seen in the coming results.
If we look at the debt on the company, it is seen in very high quantity, if the management is not seen to reduce the debt gradually, then in the coming time, bad effects are going to be seen in the business.
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My Opinion
In the long run, the business of Shree Renuka sugars does look good, but if you look at the fundamentals of the company, then it is seen on a very delicate situation. If you are planning to invest in this stock for long term then you should wait for a slightly better valuation. When the company slowly starts showing its good performance, then you can keep an eye on this stock. But keep in mind that before taking any investment decision, do not forget to do your own analysis once with your financial advisor or yourself.
