PONNI SUGAR BUY BUYPONNI SUGAR BUY BUY and HOLD TGT UPTO 600
fundamentally strong
Technically strong
So be mentally strong to hold
46.65INR
383.40 MINR
4.35 BINR
7.67 M
About PONNI SUGARS ERODE
Sector
Industry
CEO
Ramanathan Narayanan
Website
Headquarters
Chennai
Employees (FY)
284
Founded
1984
ISIN
INE838E01017
FIGI
BBG000BKGB46
Ponni Sugars (Erode) Ltd. engages in the manufacture and sale of sugar and its integrated products. The firm operates through the Sugar and Cogeneration of Power segments. The company was founded by S. Viswanathan on December 3, 1984 and is headquartered in Chennai, India.
PONNIERODE about to booomPonni Sugars Erode) Limited was incorporated in the year December 1996 in the name of SPB Sugars and chemicals Ltd and later in 2000 to the present name of 'Ponni Sugars Erode Limited'.The company is the brainchild of late S Viswanathan, affectionately referred to as SV by his friends & associates,
Ponneri SugarsLookin really good as it tends to repeat the same historic patterns just like other stocks (Eg: Shakti Pumps kolte Patil) and it might give a good move as it breaks out of the trendline with volumes
Initial entry can be taken now but the safe entry would be above 437
Follow the levels for Trailing
PONNI SUGAR PONNI SUGAR (1D)
CMP 409.55
Taking Multiple support around 370 and bouncing from support line
Government of India has increased price of ethanol by 5-6/liter
Sugar sector is showing Turnaround
Keep in Radar
Ponni Sugars Investment longtermPrice broke above very important level and few candles sustained above resistance
Now currently price is retesting the broken level
On small time frames many small candles formed at retest level indicating price in not falling
I have no stoploss for this
Book value > CMP
Div 1.27%
Zero debt
Low P
A potential stock in sugar sector **IT IS A LONGTERM IDEA**
Follow the FIVE rules below:
1)Book whole profit at the target price if u want.
2)Stick to strict stoploss, exit when hit.
3)Use supertrend indicator as a trailing stoploss(if u want to ride the momentum) and sell whole quantity once it hits the supertre
ponni sugar Break outThe stock has formed big rounding bottom pattern.
we can even see it was consolidating from many months in a zone.
formed run away gap if we observe.
RSI above 80 on weekly, looks overbought wait for stock to pull back or consolidation.
stock is showing good strength.
fibo levels drawn for longer t
ponni sugar bullishrising ethanol prices, high bookvalue , intrinsic value of 550, P/e 9
bullish channel breakout , above 150sma
for education purposes only
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Frequently Asked Questions
The current price of PONNIERODE is 420.70 INR — it has increased by 1.13% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange PONNI SUGARS ERODE stocks are traded under the ticker PONNIERODE.
PONNI SUGARS ERODE is going to release the next earnings report on May 24, 2024. Keep track of upcoming events with our Earnings Calendar.
PONNIERODE stock is 3.74% volatile and has beta coefficient of −0.08. Check out the list of the most volatile stocks — is PONNI SUGARS ERODE there?
Yes, you can track PONNI SUGARS ERODE financials in yearly and quarterly reports right on TradingView.
PONNIERODE stock has fallen by 1.23% compared to the previous week, the month change is a 6.18% rise, over the last year PONNI SUGARS ERODE has showed a 15.34% decrease.
PONNIERODE net income for the last quarter is 116.50 M INR, while the quarter before that showed 149.90 M INR of net income which accounts for −22.28% change. Track more PONNI SUGARS ERODE financial stats to get the full picture.
Today PONNI SUGARS ERODE has the market capitalization of 3.58 B, it has decreased by 0.84% over the last week.
Yes, PONNIERODE dividends are paid annually. The last dividend per share was 6.50 INR. As of today, Dividend Yield (TTM)% is 1.56%. Tracking PONNI SUGARS ERODE dividends might help you take more informed decisions.
PONNI SUGARS ERODE dividend yield was 1.64% in 2022, and payout ratio reached 14.58%. The year before the numbers were 2.39% and 16.17% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, PONNIERODE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PONNI SUGARS ERODE stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 284.00 employees. See our rating of the largest employees — is PONNI SUGARS ERODE on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PONNI SUGARS ERODE technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PONNI SUGARS ERODE stock shows the buy signal. See more of PONNI SUGARS ERODE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PONNI SUGARS ERODE EBITDA is 437.50 M INR, and current EBITDA margin is 11.05%. See more stats in PONNI SUGARS ERODE financial statements.