Vishwaraj Sugar Industries Ltd

NSE
VISHWARAJ •
BUY

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Start SIP in Vishwaraj Sugar Industries Ltd
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 %
42.75% Gain from 52W Low
8.4
TTM PE Ratio
Negative PE TTM
-10
Price to Book Ratio
Below industry Median
1.4
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
57.8
MFI
MFI Overbought
70.3

Vishwaraj Sugar Industries Ltd shareholding Pattern

Promoter
33.7%
Public
66.3%

Vishwaraj Sugar Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
18.80
10Day EMA
18.60
12Day EMA
18.50
20Day EMA
18.20
26Day EMA
18.00
50Day EMA
17.60
100Day EMA
17.40
200Day EMA
17.40
Delivery & Volume
Resistance & Support
18.68
Pivot
Resistance
First Resistance
19.27
Second Resistance
19.83
Third Resistance
20.42
Support
First Support
18.12
Second support
17.53
Third Support
16.97
Relative Strength Index
57.77
Money Flow Index
70.29
MACD
0.49
MACD Signal
0.45
Average True Range
0.89
Average Directional Index
30.60
Rate of Change (21)
15.43
Rate of Change (125)
13.68

Vishwaraj Sugar Industries Ltd Company background

Founded in: 1995
Vishwaraj Sugar Industries Limited was incorporated as a public limited company with the name of Vishwanath Sugars Limited on May 02, 1995. The Company was granted the Certificate of Commencement of Business by the RoC, Bangalore on December 21, 1999. The name of the Company was subsequently changed to Vishwanath Sugar and Steel Limited and a Fresh Certificate of Incorporation dated December 28, 2010 was issued by the Registrar of Companies, Bangalore. The name of the Company was further changed to Vishwaraj Sugar Industries Limited on November 29, 2012.The Company is an integrated sugar and other allied products manufacturing company operating from Belgaum District in the State of Karnataka which is designated as one of the High Recovery zones for sugar production by Government of India. It operates a single location sugar unit having licensed crushing capacity of 11,000 TCD. In addition to sugar it also manufactures other allied products like Rectified Spirits, ExtraNeutral Spirits, Indian Made Liquor, Vinegar, Compost, Carbon dioxide (CO2), etc. and it is further engaged in the generation of Power for captive consumption as well as external sale. The Companys business can hence be broken up into five main segments namely Sugar, CoGeneration, Distillery, Indian Made Liquor (IML) and Vinegar.In the year 2001, The Company commenced operations of manufacture of Distillery products such as Ethanol, Rectified Spirit and Extra Neutral Spirit. In the year 2006, the Company implemented backward integration and began commercial operations for Sugar manufacture from sugarcane, along with CoGeneration capabilities. During the year 2008, the company began bottling of Indian Made Liquor. Currently its integrated unit processes sugarcanes to produce sugar and the byproducts are used to generate electricity for captive use and commercial sale, manufacture rectified spirit, ENA, IML, Vinegar, Pressmud and Compost.Production of sugar, power and distillery products requires the Company to adopt stringent Quality Assurance and Quality Control standards (QA/QC). The Company has setup indigenous laboratories for each department which ensures that quality of raw material used in the production process and also the finished goods delivered to their customers is subject to various tests. To access and facilitate compliance with applicable requirements, the company regularly reviews its quality systems to determine its effectiveness and identify areas for improvement. This helps in improving its procurement process thus reducing wastages, returns and other related costs.During the production of sugar bagasse and molasses are produced which are the basic raw materials for power generation and Distillery (Spirit) manufacturing unit, respectively. The sugar unit of its integrated production facility first crushes sugarcane to extract juice and processes the juice to produce sugar. The sugar manufactured is then graded and packed based on the size of crystals and quality of the sugarcane. During the last fiscal year the company produced 98,415 tonnes of sugar. After extracting the juice from sugarcane, the residual fibre leftover called Bagasse is used as a fuel for power generation. The molasses used in the process of sugar production is fermented and distilled to manufacture various spirits (Rectified Spirit and Extra Neutral Spirit) and IML in the distillery unit of its integrated production and manufacturing facility.Bagasse is the fibrous residual matter used as a biofuel to generate steam in high pressure boilers for turning turbines to generate electricity. The Company obtains enough Bagasse during the crushing seasons, such that the electricity produced is used not just for captive consumption, but also for sale. For electricity generated over and above its captive consumption, the company has entered into Power Purchase Agreements with 5 electricity distribution companies in Karnataka to supply a total of 22.4 MW. Molasses is the viscous product resultant of refining sugarcane juice. Molasses, which forms the primary raw material for the distillery unit, is fermented, distilled and made to undergo various processes for making rectified spirit and extra neutral spirit. Rectified Spirit is processed to manufacture Industrial Vinegar. Extra Neutral spirit is further processed for manufacture of IML products. The ExtraNeutral spirit is blended to manufacture Whiskey which is sold by the company under its various brands like VSL Deluxe Whisky, District1 and VSL Black. Further the waste water extracted from Distillery unit is called as spentwash which is further mixed with mud to form Compost / Organic Manure, which is supplied back to farmers for cultivation of their fields which ensures higher yields. Further the company has set up a CO2 plant also. Thus, the company believes that nothing is wasted, as every single output whether residue or byproduct is utilised.
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Vishwaraj Sugar Industries Ltd FAQs

Vishwaraj Sugar Industries Ltd shares are currently priced at 18.7 on NSE and 18.71 on BSE as of 2/21/2024 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 Vishwaraj Sugar Industries Ltd [VISHWARAJ] share was 19.1. The Vishwaraj Sugar Industries Ltd [VISHWARAJ] share hit a 1-year low of Rs. 13.1 and a 1-year high of Rs. 22.3.

The market cap of Vishwaraj Sugar Industries Ltd is Rs. 351.15 Cr. as of 2/21/2024 12:00:00 AM.

The PE ratios of Vishwaraj Sugar Industries Ltd is 0 as of 2/21/2024 12:00:00 AM.

The PB ratios of Vishwaraj Sugar Industries Ltd is 1.31 as of 2/21/2024 12:00:00 AM

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