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Shree Renuka Sugars Share Price Target 2023, 2024, 2025, 2026, 2030

Hello Friends, today we will talk about Shree Renuka Sugars Share Price Target 2023, 2024, 2025, 2026, 2030, in which direction the performance of this excellent company related to sugar manufacturing business has the potential to go in the coming years, today we will try to know. The kind of performance the company’s shares have shown after a long time in the last few months, a lot of growth is expected to be seen above this stock.

Today, along with analyzing the complete details of the business of Shree Renuka Sugars, we will also look at the future opportunities of the company’s business, which will give us a little idea of ​​how much Shree Renuka Sugars Share Price Target can reach in the coming years. Let us analyze in detail:-

Shree Renuka Sugars Company Details

Shree Renuka Sugars Limited is one of the largest Sugar Refinery and Ethanol producer located in Mumbai, Maharashtra. 20% of the world’s sugar production was done by Renuka Sugars Company. This company is one of the largest sugar product company not only in India but in the whole world. This company runs more than 10 mills, of which 7 are in India and 4 are in South Brazil. Not only this, the company also has two major port-based plants.

Today we will know whether the shares of this company should be taken or not? Will there be any growth in Renuka Sugars share price going forward or not?

Shree Renuka Sugars Share Price Target 2023

Along with this, the company’s business is widely spread in the production of Ethanol, Power Generation and Organic Manure.

Due to the way a positive environment is being seen in this sugar sector in the market for some time, due to this, the business of Shree Renuka Sugars has been seen getting very good benefits from it. If the management is to be believed, then in the coming days also, the company is fully expected to maintain good growth in all the business segments, due to which there is full expectation of a very good growth in the sales and profit of the company.

Shree Renuka Sugars Share Price Target 2023 will see growth as all the businesses of the company show good growth and the first target is expected to be Rs 52. After this, you can definitely see another target of Rs 55 very soon.

Shree Renuka Sugars Share Price Target 2024

Keeping in mind the demands of the market, Shree Renuka Sugars is constantly paying a lot of attention to increasing its production capacity. In the recent past, to meet the market demand, the company has been investing a good amount of money on increasing its existing manufacturing capacity, due to which the business of Shree Renuka Sugars is growing very well. There has been an increase.

Along with this, to meet the ever-increasing demand of the market in the coming times, the company seems to be working on a complete plan to set up a new manufacturing facility under the right strategy. The entire focus of the management is that Shree Renuka Sugars should maintain its leading position in its industry, for which it is investing a good amount of money to increase its production capacity.

Shree Renuka Sugars Share Price Target 2024: As the production capacity of the company increases, the business will grow accordingly and the first target can be seen around Rs.60. After that, you can definitely see the second target of Rs 66 becoming profitable.

Shree Renuka Sugars Share Price Target 2025

Shree Renuka Sugars along with its sugar manufacturing business seems to be making a good, strong hold in the market in the Ethanol business as well. If you look at the last few times, the demand for ethanol is increasing rapidly, as well as the government is also promoting the use of ethanol in pairs.

The full focus of the government is to rapidly increase the use of ethanol in petrol within the next few years, as the use of ethanol in the chemical sector and petrol will increase in the coming days, Shree Renuka sugars is a leader in this business segment. To maintain the position, the company is going to get maximum benefit from it.

Shree Renuka Sugars Share Price Target 2025: With the increase in the demand for ethanol in the market, the first target can be seen around Rs.75 along with earning excellent returns. And then you can definitely think of holding the second target for Rs.80.

Shree Renuka Sugars Share Price Target 2026

If seen, the management of Shree Renuka Sugars has set up its manufacturing plant very thoughtfully at the place where sugarcane is produced the most, due to which the company has to reduce the cost of transportation to a great extent as well as to sell its products. By keeping the quality of the products better, the company is seen to be able to keep a good profit margin.

Along with this, the management of the company is seen taking a very good decision on strengthening the distribution network. The company has been seen setting up in Gujarat and West Bengal to export its products, due to which the company is able to cover South Asia, Middle East countries outside along with easing distribution in every state of India.

If you look at Shree Renuka Sugars Share Price Target 2026 due to the expansion of your business under the strategy, then there is full hope of seeing the first target of Rs.90 while earning very good returns. After hitting this target, you will definitely see another target of Rs 95 very soon.

Shree Renuka Sugars Share Price Target 2030

In the long run, the company seems to be increasing its focus on strengthening each and every business segment, along with Sugar and Ethanol, Shre Renuka sugars is continuously increasing its investment amount in Power Generation as well, due to which the upcoming In time, it can be expected that the company will see a good source of revenue from other segments as well.

The focus of the management is gradually being seen increasing on each business segment where growth is most likely to happen in the coming times. Gradually, along with Sugar and Ethanol, as the company will strengthen its hold in other business segments as well, it can be expected that the company’s business will also see a good growth accordingly.

Looking at the business opportunities in the long term, Shree Renuka Sugars Share Price Target 2030 is expected to see the share price around Rs.190, earning excellent returns to the shareholders.

Shree Renuka Sugars Share Price Target Table

YEARSHREE RENUKA SUGAR 1ST SHARE PRICE TARGETS (₹)SHREE RENUKA SUGAR 2ND SHARE PRICE TARGETS (₹)
20235255
20246066
20259095
2026100125
2027130145
2028155165
2029170175
2030185190

Conclusion:

If we look at the business of Shree Renuka sugars and the entire fundamental of the company, we can see that it is in a very critical situation. If you are planning to invest in this stock for a long time, then you should wait for a better valuation, when the company slowly starts showing its good performance, But keep in mind that before taking any investment decision, do not forget to do your own analysis once with your financial advisor.

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FAQ:

Q: Who is the owner of Renuka Sugar?

Ans: Narendra Murkumbi and Vidya Murkumbi are the chairmen of this company.

Q: In which industries does Renuka Sugar work?

Ans: This company works in Sugar Industries.

Q: Where is the Headquarter of Renuka Sugar located?

Ans: Its headquarter is located in Mumbai, Maharashtra.

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