Vishwaraj Sugar Industries standalone net profit rises 28.33% in the December 2022 quarter

Buzzing stocks: LIC, IRCTC, Dabur, Wipro, Just Dial, NBCC (India), Securekloud Technologies, PTC India, Alembic Pharma, IPCA Lab, Balrampur Chini, Vishwaraj Sugar, Sterling and Wilson Renewable Energy

Stocks that will see action on December 20, 2022

Vishwaraj Sugar Standalone March 2022 Net Sales at Rs 130.89 crore, down 19.07% Y-o-Y

Buzzing stocks: Infosys, InterGlobe, HDFC Bank, Future Retail, JMC Projects, Kalpataru Power, Godawari Power, Hikal, Phoneix, HGS, Escorts, Vishwaraj Sugar

Stocks that will see action on February 21

In the broader markets, Nahar Polyfilms, Spandana Sphoorty and Jindal Drilling hit the upper circuit. Traders cheered the Budget winners but punished India Inc players who failed to pull off a strong show in the December 2021 quarter.

Biggest gainers & losers of the day: Spandana Sphoorty zooms 20%, Vishwaraj Sugar drops

GRP Ltd, Allied Digital Services Ltd, ANG Lifesciences India Ltd and Anand Rayons Ltd are among the other losers in the BSE’s ‘B’ group today, 02 February 2022.

Vishwaraj Sugar Industries Ltd leads losers in ‘B’ group

Vishwaraj Sugar Industries revenue jumps 27.62 per cent; company to initiate expansion plans

A sweet dose for Vishwaraj Sugar, company plans to expand portfolio with pharma, health supplements

Khambatta Securities is bullish on Vishwaraj Sugar Industries has recommended buy rating on the stock with a target price of Rs 43 in its research report dated January 18, 2022.

Buy Vishwaraj Sugar Industries; Target Of Rs 43: Khambatta Securities

In a statement, VSIL announced plans to set up a greenfield ethanol production facility, having a capacity of 2.5 lakh litres per day, within 80 km from the existing factory in the Belagavi district. The company said it has already acquired 110 acres land for this plant.

Vishwaraj Sugar Industries to invest Rs 250 cr in new ethanol plant in Karnataka

Vishwaraj Sugar Standalone December 2021 Net Sales At Rs 133.28 Crore, Up 61.06% Y-o-Y

On a standalone basis, Vishwaraj Sugar Industries’ net profit slipped 3.34% to Rs 29.44 crore on a 61.06% surge in total revenue from operations to Rs 133.28 crore in Q3 FY22 over Q3 FY21.

Vishwaraj Sugar Q3 PAT skids 3% YoY to Rs 29 cr

Hasn't faired 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

Vishwaraj Sugar Industries is engaged in business of manufacturing sugar, alcoholic spirits by distillation, blending and bottling of Indian made foreign liquor (IMFL), and generation of power.

Vishwaraj Sugar Industries Ltd