NSE:KMSUGAR
K.M. Sugar Mills Ltd. Is engaged in the manufacturing of sugar. It manufactures white crystal sugar, which is used for human consumption and in the industries, such as food, beverage and soft drinks.
TTM EPS: 4.43
TTM PE: 9.44
Sector PE: 20.61
Book Value Per Share: 23.20
P/B: 1.81
Face Value: 2
Mkt Cap (Rs. Cr.): 384
Some Positives:
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NSE:RENUKA
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Why SHREE RENUKA ???
VOLUME during this month is comparatively higher than past 4-5 years volume...(On Monthly candles);
its net profit has been increased drastically from quarters to quarters;
good news is being seen sugar industries;
it's earnings is going to be announced next month (May 28);
Be careful It's a PENNY...
Dhampur Sugar Mills (Dhampur) is one of the leading integrated sugarcane processing companies in India. Our continuous and often pioneering efforts to harness the full potential of sugarcane has enabled us to expand our portfolio beyond sugar to include renewable power, fuel ethanol, alcohol, extra neutral alcohol, alcohol based chemicals and bio fertilizers.
share name : dwarikesh sugar
reason of buy :
- Share is consolidation on their resistance area
of 2017 price is 80 which is a good sign
- Now, It is forming a pennant and we can see a
clear breakout on charts
- In upcoming days we can see targets of 120
with stop loss 60
Thanks
India, the second largest producer of sugar in the world, is more than self-reliant for its sugar consumption. Countries that imported the highest dollar value worth of sugar from India in 2020 are United States, Indonesia, Italy, Algeria, Bangladesh & Malaysia.
Drivers of sugar demand in India-
1. Rising population
2. Growing chocolate demand
3. Rise in...
Breakout done & Re-entry at 78-82 levels
RSI is extremely Bullish and at oversold zone. wait for cool off
Relative Strength is Positive and Strong
MACD is positive
Rounding bottom and consolidation breakout done in Dwarkesh.
Sugar sector on the boom.
Target : 100,148
Accumulate in range of 80-84
SL : 78 WCB
Only for educational purpose. Not a recommendation.
Very Strong Closing Done Today
Volumes are 10 times more than average volumes.
Clean Break Out given according to charts.
Previous Resistance Zone broken today after multiple attempts.
Short Term Targets : 400
NSE:DHAMPURSUG
