The sugar manufaccturer informed that Sudershan Bajaj, Chief Financial Officer and Key Managerial Personnel of the Company has resigned from the services on 25 July 2024, due to personal reasons.

Magadh Sugar CFO Sudershan Bajaj resigns

Magadh Sugar Standalone June 2023 Net Sales at Rs 300.71 crore, up 22.4% Y-o-Y

Magadh Sugar Standalone December 2022 Net Sales at Rs 209.72 crore, up 4.04% Y-o-Y

In the sugar industry, Magadh Sugar & Energy Ltd. is a small-cap company with a market valuation of Rs. 444 crore.

With a yield of 2.05%, this sugar stock fixes record date for dividend

Pearl Polymers Ltd, Ginni Filaments Ltd, Windlas Biotech Ltd and Magadh Sugar & Energy Ltd are among the other gainers in the BSE’s ‘B’ group today, 18 April 2022.

TCPL Packaging Ltd leads gainers in ‘B’ group

Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar and Shree Renuka Sugar surged 10 per cent to 15 per cent on the BSE.

Sugar stocks sweeten; Dwarikesh, Dalmia Bharat, Triveni surge up to 10%

Magadh Sugar & Energy rose 1.41% to Rs 320.10 after the company’s net profit rose 36.66% to Rs 19.98 crore on 9.29% decrease in revenue from operations to Rs 201.58 crore in Q3 December 2021 over Q3 December 2020.

Magadh Sugar firms up after Q3 PAT rises 37% YoY to Rs 20 cr

Strong exports due to a global shortfall in sugar production has helped improve the demand-supply equation.

Magadh Sugar & Energy stock hold steady despite Q2 profit contracts to Rs3cr

Magadh Sugar & Energy reports standalone net loss of Rs 3.03 crore in the September 2021 quarter

Magadh Sugar & Energy reports standalone net loss of Rs 3.95 crore in the June 2021 quarter

BRIEF-Magadh Sugar & Energy Says March-Quarter Net Profit After Tax Falls

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

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

Magadh Sugar & Energy Limited is engaged in manufacture and sale of Sugar and its By-products, and spirits.