Avadh Sugar Standalone March 2023 Net Sales at Rs 846.21 crore, up 11.54% Y-o-Y

Avadh Sugar posts higher net of ₹79 crore in Q4

Stock of Shree Renuka Sugars was trading 0.15% higher at Rs 47.02 in early trade. Shares of Avadh Sugar and Energy gained 0.14 percent to Rs 508.70 on BSE.

Shree Renuka, Dhampur Sugar, Balrampur Chini among sugar stocks in focus today; here’s why

Avadh Sugar & Energy Ltd has added 6.04% over last one month compared to 0.02% fall in S&P BSE FMCG Sector index and 0.13% drop in the SENSEX

Avadh Sugar & Energy Ltd Slips 1.9%

Avadh Sugar Standalone December 2022 Net Sales at Rs 674.55 crore, down 9.64% Y-o-Y

Avadh Sugar & Energy standalone net profit declines 38.53% in the December 2022 quarter

On the broader market outlook, the technical & derivative analyst from HDFC Securities expects the Nifty to face resistance at 18,730, and seek support at 18,442.

Vinay Rajani recommends Buy on Avadh Sugar, Shree Digvijay Cement

Avadh Sugar & Energy Ltd. is a small-cap corporation with a sugar industry operation and a market worth of Rs. 1,068 crore. For the purpose of 100% dividend, today the company announced record date for the shareholders.

Small-cap sugar stock finalizes record date for dividend purpose

ICICI Direct is bullish on Avadh Sugar has recommended buy rating on the stock with a target price of Rs 890 in its research report dated May 12, 2022.

Buy Avadh Sugar; target of Rs 890: ICICI Direct

Avadh Sugar & Energy Ltd., incorporated in the year 2015, is a Small Cap company (having a market cap of Rs 1199.10 Crore) operating in Sugar sector.

Buy Avadh Sugar & Energy, target price Rs 890: ICICI Direct

Avadh Sugar, Triveni Engineering gain 12 per cent and 10 per cent respectively

Sugar stocks hit a sweet spot fuelled by ethanol push

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Avadh Sugar & Energy Limited is engaged in manufacture and sale of sugar and its by-products and Spirits.

Avadh Sugar & Energy Ltd