Davangere Sugar Faces Financial Struggles Amid Broader Market Resilience

Mar 26 2025 10:11 AM IST
share
Share Via
Davangere Sugar Company has faced notable volatility, reaching a 52-week low and showing a significant decline over the past year. While the broader market reflects slight negativity, the mid-cap segment remains resilient. The company's financial health is concerning, with weak long-term fundamentals despite a recent increase in quarterly net sales.
Davangere Sugar Company, a microcap player in the sugar industry, has experienced significant volatility, hitting a 52-week low of Rs. 3.99 today. The stock has been on a downward trend, losing 2.2% over the past two days, and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex is slightly negative, trading at 77,914.55, reflecting a minor decline of 0.13% after a flat opening. Despite this, the mid-cap segment is showing resilience, with the BSE Mid Cap index gaining 0.21%.

Over the past year, Davangere Sugar has underperformed significantly, with a decline of 48.95%, contrasting sharply with the Sensex's positive return of 7.58%. The company's long-term fundamentals appear weak, highlighted by a Return on Capital Employed (ROCE) of just 7.13% and a high Debt to EBITDA ratio of 5.05 times.

Despite a recent uptick in quarterly net sales, which grew by 29.1%, the overall financial health remains a concern, with profits down by 16.6% over the past year.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News