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Ponni Sugars (Erode) Ltd Share Price (PONNIERODE)

₹413.80.85%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Ponni Sugars (Erode) Ltd

Key events for Ponni Sugars (Erode) Ltd

  • Indian Government Cuts Sugar Quota for Ponni Sugars and Other Companies - 01 Mar, 2024

    Ponni Sugars is among 85 sugar companies that have had their normal entitled sugar quota cut by 25% due to allegedly selling more quantity of the commodity during November-December 2023. The Centre has allocated monthly releases for domestic sales in March.

Ponni Sugars (Erode) Ltd share Performance

  • ₹399
    ₹423.95
    ₹413.8
    downward going graph

    3.58%

    Downside

    Day's Volatility:6.03%

    Upside

    2.45%

    downward going graph
  • ₹363.25
    ₹515.2
    ₹413.8
    downward going graph

    12.22%

    Downside

    52 Weeks Volatility:36.72%

    Upside

    24.50%

    downward going graph
1 Month Return3.42 %
3 Month Return-0.48 %
1 Year Return-13.74 %
Previous Close₹417.35
Open₹417.05
Volume33.43K
Upper Circuit-
Lower Circuit-
Market Cap₹355.87Cr

Ponni Sugars (Erode) Ltd Company Information

Ponni Sugars Erode Limited was established in the year 1996, as an offspring of the Ponni Sugars and Chemicals Ltd (PSCL), under a demerger scheme sanctioned by the Honble High Court of Madras. It has a 1250 TCD capacity mill, with an expansion to 2500 TCD in 1994. The mill set a milestone as it declared its first dividend of 10 within a year of its commencement of operations, a record in sugar industry. The company setup a lift irrigation system to bring dry lands under sugarcane cultivation, which benefited both the farmers and companies. Also, a coal and multi fuel boiler was installed for efficient production of sugar. The company is one of the quality producers of sugar with a cordial employee relationship and believes in fair dealings with all its stakeholders with sound corporate governance.

Share Price: ₹413.80 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹355.87Cr as of today
Listing date: 16 Apr, 2002
Chairperson Name: N Gopala Ratnam
OrganisationPonni Sugars (Erode) Ltd
Headquarters
IndustrySugar
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Fundamentals of Ponni Sugars (Erode) Ltd

Insights on Ponni Sugars (Erode) Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.68% to 34.74% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, PONNIERODE has outperformed top 5 stocks with highest market-cap in Food Processing

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.42% to 22.85% in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 42.36% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Tata Consumer Products Ltd has given 61.2% return, outperforming this stock by 74.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, PONNIERODE stock has moved down by -13.0%

Ponni Sugars (Erode) Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
42.36%
0.00
Foreign Institutions
22.85%
17.67
Mutual Funds
0.05%
0.00
Retail Investors
34.74%
0.16
Others
0%
-100.00

Technicals of Ponni Sugars (Erode) Ltd share

News & Events of Ponni Sugars (Erode) Ltd

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Ponni Sugars (Erode) Ltd (PONNIERODE) share price today is ₹413.8

Ponni Sugars (Erode) Ltd is listed on NSE

Ponni Sugars (Erode) Ltd is listed on BSE

  • Today’s highest price of Ponni Sugars (Erode) Ltd is ₹423.95.
  • Today’s lowest price of Ponni Sugars (Erode) Ltd is ₹399.

Today’s traded volume of Ponni Sugars (Erode) Ltd(PONNIERODE) is 33.43K.

Today’s market capitalisation of Ponni Sugars (Erode) Ltd(PONNIERODE) is ₹355.87Cr.

Ponni Sugars (Erode) Ltd(PONNIERODEPrice
52 Week High
₹515.2
52 Week Low
₹363.25

Ponni Sugars (Erode) Ltd(PONNIERODE) share price is ₹413.8. It is down -19.68% from its 52 Week High price of ₹515.2

Ponni Sugars (Erode) Ltd(PONNIERODE) share price is ₹413.8. It is up 13.92% from its 52 Week Low price of ₹363.25

Ponni Sugars (Erode) Ltd(PONNIERODEReturns
1 Day Returns
-3.55%
1 Month Returns
3.42%
3 Month Returns
-0.48%
1 Year Returns
-13.74%