Ponni Sugars (Erode) Ltd

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PONNIERODE •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
38.4
TTM PE Ratio
Below industry Median
10.5
Price to Book Ratio
Low in industry
0.9
Dividend yield 1yr %
Above industry Median
1.2
TTM PEG Ratio
PEG TTM is less than 1
0.5
RSI
RSI is mid-range
68
MFI
MFI strongly Overbought
83

Ponni Sugars (Erode) Ltd shareholding Pattern

Promoter
47.3%
Foreign Institutions
12.9%
Domestic Institutions
0.7%
Public
39.2%
Promoter
42.4%
Foreign Institutions
22.6%
Public
35%
Promoter
42.4%
Foreign Institutions
22.8%
Public
34.7%
Promoter
42.4%
Foreign Institutions
22.9%
Public
34.7%
Promoter
42.4%
Foreign Institutions
23.3%
Public
34.3%
Promoter
42.4%
Foreign Institutions
23.3%
Public
34.3%

Ponni Sugars (Erode) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
561.10
10Day EMA
544.40
12Day EMA
538.70
20Day EMA
520.30
26Day EMA
509.80
50Day EMA
483.00
100Day EMA
458.60
200Day EMA
438.40
5Day SMA
561.30
10Day SMA
543.50
20Day SMA
513.90
30Day SMA
493.60
50Day SMA
467.60
100Day SMA
443.90
150Day SMA
436.40
200Day SMA
432.60
Delivery & Volume
Resistance & Support
573.05
Pivot
Resistance
First Resistance
584.85
Second Resistance
599.75
Third Resistance
611.55
Support
First Support
558.15
Second support
546.35
Third Support
531.45
Relative Strength Index
67.96
Money Flow Index
83.02
MACD
28.90
MACD Signal
23.25
Average True Range
27.64
Average Directional Index
24.93
Rate of Change (21)
14.90
Rate of Change (125)
37.77
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
KCP Sugar & Industries Corporation Ltd.
588.36
24.3
54.5
Kothari Sugars & Chemicals Ltd.
508.45
42.4
71.7
Mawana Sugars Ltd.
473.12
83.4
136.1
Rana Sugars Ltd.
402.35
18.2
30.4
Sakthi Sugars Ltd.
470.76
23.9
46.75
Davangere Sugar Company Ltd.
-
-
-

Ponni Sugars (Erode) Ltd Company background

Founded in: 1996
Managing director: N Ramanathan
Ponni Sugars (Erode) Limited was incorporated in 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, a renowned industrialist of the South. It has a sugar factory at Erode having a capacity to crush 3500 tonnes of sugarcane per day and generate 19 MW of power.The Company is an offspring of Ponni Sugars and Chemicals Ltd (PSCL) under a Demerger Scheme sanctioned by the Honble High Court of Madras on 10th September 2001. The Erode Sugar Mill Undertaking of erstwhile Ponni Sugars and Chemicals Ltd was transferred to the Company through the Scheme of Arrangement in 2001, which became effective from April 01, 1999. The Erode Sugar Mill was set up with 1250 TCD capacity in 1984 in a record time of 12 months. It achieved full capacity crushing during the very first year of its commercial operation that enabled declaration of a maiden dividend of 10% in that very first year, a record in the annals of sugar industry. It was a trendsetter in mobilising surplus cane during its infancy stage from neighbouring sugar mills and extending crushing season to well above industry average. Its capacity was expanded to 2500 TCD in 1994 and to 3500 TCD in 2012. It commissioned a 19MW Cogeneration Plant in 2012.The Erode Sugar Mill implemented an innovative Lift Irrigation Scheme by bringing in dry lands under cane cultivation, utilizing the effluent discharge of the neighbouring paper mill. This helped it to secure multitudinal benefits providing a dependable and perennial source of irrigation to farmers in the neighbourhood, increase of land value manifold in the region, transforming the livelihood of local rural population, resolving the raw material needs of sugar and paper mills and addressing ecological concerns in effluent discharge.Right at its inception, Ponni was structured on the concept of total diversion of bagasse for paper. For this, it installed a coal fired boiler in place of conventional bagasse fired boiler and sold its entire bagasse production through arrangement with Seshasayee Paper and Boards Limited. Later, in 2012 it installed a stateoftheart multi fuel boiler for cogeneration of power wherein it uses disparate species of biofuel as an ecofriendly measure, keeping coal consumption to the bare minimum.The Ethanol Plant is housed within the sugar mill complex, by virtue of which the Company was one of the early movers to conceivea 45 KLPD Distillerycumethanol plant in June 2019, which is to be commissioned as yet.
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Ponni Sugars (Erode) Ltd FAQs

Ponni Sugars (Erode) Ltd shares are currently priced at 569.95 on NSE and 569.6 on BSE as of 7/15/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Ponni Sugars (Erode) Ltd [PONNIERODE] share was 49.45. The Ponni Sugars (Erode) Ltd [PONNIERODE] share hit a 1-year low of Rs. 363.25 and a 1-year high of Rs. 598.9.

The market cap of Ponni Sugars (Erode) Ltd is Rs. 490.16 Cr. as of 7/15/2024 12:00:00 AM.

The PE ratios of Ponni Sugars (Erode) Ltd is 10.45 as of 7/15/2024 12:00:00 AM.

The PB ratios of Ponni Sugars (Erode) Ltd is 0.88 as of 7/15/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.05% at the end of 7/15/2024 12:00:00 AM.

You can easily buy Ponni Sugars (Erode) Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

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