Earnings

Ponni Sugars (Erode) standalone net profit declines 87.84% in the June 2024 quarter

Despite improvements in sugarcane area and yield, fresh cane planting in Tamil Nadu is declining due to the high cost of cultivation and rising labor expenses. This poses challenges for sugar mills in incentivizing farmers through subsidies. Ponni Sugars (Erode) Ltd. aims to combat this issue by foc…

Spike in cultivation cost poses challenges to sugarcane farmers in TN

Sugarcane planting declines in Tamil Nadu due to high cultivation cost

At 11:47 AM; Ponni Sugars (Erode) traded 7.5 per cent higher at Rs 462.65, as against 0.45 per cent decline in the S&P BSE Sensex

Stock of this sugar company has zoomed 100% in less than 3 months

Ponni Sugars (Erode) Ltd, TPL Plastech Ltd, NGL Fine Chem Ltd and Weizmann Ltd are among the other gainers in the BSE’s ‘B’ group today, 31 October 2022.

Biofil Chemicals & Pharmaceuticals Ltd leads gainers in ‘B’ group

Ponni Sugars (Erode) surged 18.07% to Rs 286.80 after the company’s net profit jumped 67.03% to Rs 21.73 crore on 66.25% increase in net sales to Rs 149.51 crore in Q2 September 2022 over Q2 September 2021.

Ponni Sugars (Erode) soars after Q2 PAT jumps 67% YoY

Ponni Sugars (Erode) standalone net profit rises 67.03% in the September 2022 quarter

Ponni Sugars (Erode) standalone net profit rises 42.48% in the March 2022 quarter

Ponni Sugars(E) Standalone December 2021 Net Sales At Rs 64.26 Crore, Up 17.65% Y-o-Y

Ponni Sugars (Erode) standalone net profit declines 37.50% in the December 2021 quarter

Ponni Sugars (Erode) hit an upper circuit limit of 10% at Rs 291.75, extending gains for the fourth trading session.

Ponni Sugars (Erode) jumps 36% in four days

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

Ponni Sugars (Erode) Limited is engaged in the manufacturing and selling of sugar.