On Wednesday, profit booking was recorded in sugar stocks broadly, while four stocks even witnessed bulk deals on NSE where many investors bought and sold equity shares. These four sugar stocks are Bajaj Hindustan, Rana Sugars, Sakthi Sugars, and Ugar Sugar Works.

Buy and sell: 4 sugar stocks dip on bulk deals; 3 of them are multibaggers

Sakthi Sugars Ltd, Simbhaoli Sugars Ltd, Arshiya Ltd and Urja Global Ltd are among the other losers in the BSE’s ‘B’ group today, 20 December 2022.

Ind Bank Housing Ltd leads losers in ‘B’ group

Rajshree Sugars, Ugar Sugar Works, Simbhaoli Sugars, Sakthi Sugars and Bajaj Hindustan have zoomed in the range of 10 per cent to 19 per cent in intra-day trades so far.

Sugar stocks sweeten in weak market on hopes of higher export limit

Jindal Photo Ltd, Sakthi Sugars Ltd, Rossell India Ltd and Ugar Sugar Works Ltd are among the other gainers in the BSE’s ‘B’ group today, 06 September 2022.

Palm Jewels Ltd leads gainers in ‘B’ group

Buzzing stocks: Cipla, Bank of Baroda, Manappuram Fin, Star Health, Paras Defence, Nova Iron, Brigade Enterprises, Sterling Tools, Indian Card Clothing, Sakthi Sugars, Intellect Design and Gillanders Arbuthnot

Stocks that will see action today (June 28)

The effective date of the Business Transfer Agreement is July 01, 2022.

Sakthi Sugars executes agreement to sell sugar and distillery units in Odisha for Rs 134 crore

Sakthi Sugars jumped 5.10% to Rs 16.50 after the company said that it had executed a business transfer agreement (BTA) today for sale of sugar and distillery units in Dhenkanal, Orissa State.

Sakthi Sugars soars on selling Orissa-based sugar & distillery units

Sakthi Sugars to sell Odisha sugar plant

M.Balasubramaniam is also the Managing Director of Sakthi Finance Limited.

Sakthi Sugars appoint M Balasubramaniam as Managing Director & M Srinivaasan as Joint Managing Director

Sakthi Sugars reports standalone net loss of Rs 43.88 crore in the June 2021 quarter

Abhishek Kumar is a Director nominated by ARCIL.

ARCIL appoints Abhishek Kumar as Nominee Director at Sakthi Sugars board replacing Jigar Dalal; Stock dips

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

Average profitability - not good, not bad

Profitability

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sakthi Sugars Limited is engaged in the business of sugar, industrial alcohol, power and soya products.