Davangere Sugar Company Faces Market Challenges Amid Significant Stock Volatility

Apr 07 2025 11:06 AM IST
share
Share Via
Davangere Sugar Company has hit a new 52-week low, reflecting significant volatility and a substantial decline over the past year. The company is trading below key moving averages, indicating a bearish outlook, while its financial fundamentals show weak long-term performance amidst broader industry challenges.
Davangere Sugar Company has experienced significant volatility, reaching a new 52-week low of Rs. 3.45 today. The stock has been on a downward trend, losing 6.58% over the past four days, while it has underperformed the broader market, with a one-year decline of 59.12% compared to the Sensex's drop of 2.33%.

Despite today's performance, which outpaced the sugar sector by 3.78%, the company is trading below all key moving averages, indicating a bearish technical outlook. The sugar industry itself has faced challenges, with a sector-wide decline of 6%.

Financially, Davangere Sugar Company has shown weak long-term fundamentals, reflected in its average Return on Capital Employed (ROCE) of 7.13% and a high Debt to EBITDA ratio of 5.05 times. While the company reported a positive quarterly performance in December 2024, with net sales growing by 29.1%, its overall profitability has decreased by 16.6% over the past year.

As a microcap player in the sugar industry, Davangere Sugar Company continues to navigate a challenging market landscape.
{{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