Dwarikesh Sugar Standalone March 2023 Net Sales at Rs 532.55 crore, up 12.12% Y-o-Y

Crisil had announced a final dividend of Rs 23 per share for FY23. The stock will turn ex-dividend today. The dividend will be paid on May 18.

Angel One, Crisil, IGL and Dwarikesh Sugar shares to go ex-dividend today

The shares of Dwarikesh Sugar will go ex-dividend a day or two days before the record date. Know record date

Dwarikesh Sugar Declares 200% Dividend; Key Things Investors Should Know

The interim dividend will lead to an outgo of ₹38 crore

Dwarikesh Sugar to pay ₹2 dividend

Dwarikesh Sugar Industries said its board will consider, declare and approve payment of interim dividend for the financial year 2022-23. The record date for the purpose of interim dividend, if any, will be March 31, 2023.

Dwarikesh Sugar board to consider dividend payout; HAL, Ujjivan Financial shares to turn ex-dividend today

India’s Sugar Exports Set To Rise? Sugar stocks hit a sweet spot fuelled by hopes of rising exports. Domestic output to reach 33.6 million tonnes estimate? Dwarikesh Sugar’s Vijay Banka shares his insights. Sugar stocks hit a sweet spot fuelled by hopes of rising exports.

India’s Sugar Exports Set To Rise?

Dalmia Bharat Sugar & Industries Ltd, Bajaj Hindusthan Sugar Ltd, Dwarikesh Sugar Industries Ltd and TCNS Clothing Co. Ltd are among the other gainers in the BSE’s ‘A’ group today, 08 March 2023.

Kirloskar Oil Engines Ltd leads gainers in ‘A’ group

Dwarikesh Sugar share, which closed at Rs 23.85 on January 11, 2019 ended at a high of Rs 99.85 on BSE in the previous session

Dwarikesh Sugar stock rose four times in four years; did you miss the rally?

ICICI Direct is bullish on Dwarikesh Sugar recommended buy rating on the stock with a target price of Rs 135 in its research report dated October 31, 2022.

Buy Dwarikesh Sugar; target of Rs 135: ICICI Direct

Ebitda fell, while Ebitda margin fell ~950 bps YoY to 5.2%, owing to higher costs of cane and molasses and lower recovery rate.

Dwarikesh Sugar - Q2 Profitability Adversely Hit By Higher Costs: Systematix

Sugar sales dipped 1.2% to Rs 403.4 crore on the back of 4.8% decline in sugar volumes and mere 3.5% uptick in sugar realisation.

Dwarikesh Sugar Q2 Results Review - Muted Sugar Prices Drag Profit; Ethanol Story Intact: ICICI Direct

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

Dwarikesh Sugar Industries Limited is a company, which is primarily engaged in manufacture of sugar and allied products. The Company is also involved in the production of power and ethanol/industrial alcohol.