Rana Sugars Ltd (RANASUG)

₹21.75▲0.69%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Rana Sugars Ltd share Performance

₹21.35
₹22.1
₹21.75
1.84%
Low
Day's Volatility:3.45%
High
1.61%
₹18.2
₹30.4
₹21.75
16.32%
Low
52 Weeks Volatility:56.09%
High
39.77%

Returns %
1 Month Return	-3.36 %
3 Month Return	-15.13 %
1 Year Return	-3.36 %

Market Stats
Previous Close	₹₹21.60
Open	₹₹21.60
Volume	₹67.59K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹331.71Cr

Company Information

Rana Sugars Limited is a public limited company established by the Punjab Agro Industrial Corporation with a 28.6 equity stake and Rana Gurjit Singh and his associates with 17.2 equity stake to set up a 2500 metric tonne per day sugar plant with a captive power generation of 5 Mega Watts. Located in Punjab, the main product of the company is white crystal sugar, which is used in households, confectionery and pharmaceuticals. The two by-products created from the manufacture of white crystal sugar are Molasses and Bagasse. Molasses are used to manufacture alcohol and citric acid, while Bagasse is used as a raw material in the paper industry and also as a fuel to generate steam and power. Rana Sugars is the first company in North India to have set up a Cogeneration Power Project, which started production in March 2002, generating 14 MW of surplus power after meeting its captive requirement. The advantage of the company lies in the fact that Punjab is a sugar-deficit state and yield per hectare is satisfactory.

Share Price: ₹21.75 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹331.71Cr as of today
Listing date: 25 May, 1995
Chairperson Name: Rana Ranjit Singh

Organisation	Rana Sugars Ltd
Headquarters
Industry	Sugar
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Key events for Rana Sugars Ltd

Rana Sugars Ltd Faces Debt Challenges - 14 Mar, 2024
Rana Sugars has liabilities totalling ₹4.22b more than its cash and near-term receivables, combined. Its net debt is worth 1.7 times EBITDA, with interest cover looking a bit on the low side. The company's EBIT fell by 21% in the last twelve months.

Fundamentals of Rana Sugars Ltd

Insights on Rana Sugars Ltd

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

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.03% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 22.64% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Patanjali Foods Ltd has given 45.9% return, outperforming this stock by 49.2%
NO EFFECT
Against Peers
In the last 3 years, Patanjali Foods Ltd has given 72.7% return, outperforming this stock by 41.0%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 75.70% to 75.67% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 6 months, RANASUG stock has moved down by -11.3%