Uttam Sugar Mills standalone net profit declines 33.57% in the December 2022 quarter

Project cost will be financed through internal accruals and loans under the interest subvention scheme of the Department of Food and Public Distribution, GOI, the company said.

Here’s why multibagger stock Uttam Sugar Mills zoomed over 6% today

The enhanced capacity is to be added by December 2023 with an investment of Rs 56 crore.

Uttam Sugar Mills gains 3% on capacity enhancement

Uttam Sugar Mills surged 4.67% to Rs 318.05 after the sugar producer said that its board has approved enhancement in the distillery capacity (ethanol) from 150 kilo litres per day (KLPD) to 250 KLPD at Barkartpur plant of the company.

Uttam Sugar spurts on capacity enhancement

Buzzing stocks: Eros International, Tata Motors, RITES, Zuari Industries, Adani Ports, Uttam Sugar Mills, 5Paisa Capital

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Stocks To Watch: Adani Ports, Tata Motors, Uttam Sugar Mills, Adani Wilmar

Uttam Sugar Mills conferred “Excellence Award”

IRIS Business Services Ltd, SecureKloud Technologies Ltd, The Investment Trust of India Ltd and Uttam Sugar Mills Ltd are among the other gainers in the BSE’s ‘B’ group today, 18 May 2022.

Orient Bell Ltd leads gainers in ‘B’ group

Uttam Sugar Mills standalone net profit rises 119.40% in the March 2022 quarter

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%

Uttam Sugar Mills Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 833.32 Crore) operating in Sugar sector.

Buy Uttam Sugar Mills, target price Rs 257: Axis Securities

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

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

Uttam Sugar Mills Limited is a sugarcane processing company engaged in the production of sugar, ethanol and generation of power.