Rana Sugars Share Price Target From 2024 to 2030: Rana Sugars Limited has always been an aggressive player in the production business of sugar. With solid established presence and good sustainable performance, the investors watch on keenly as the company share price goes. The following is the review for the forecasted trend and share price of Rana Sugars from the period 2024 up to 2030 as envisaged by the current momentum and forces of the market.
Company Overview
Rana Sugars Limited was incorporated in the year 1992. It deals with the manufacture of sugar, ethanol, and electricity. The company has highly mechanized manufacturing facilities at Punjab State, hence a major player in India’s sugar and allied industries. Rana Sugars diversified into renewable energy by generating power from bagasse (by-product of sugarcane). Thus, it comes under sustainable practices.
Key Statistics For Rana Sugars Share Price
- Open: 19.80 INR
- High: 19.90 INR
- Low: 18.90 INR
- Market Cap: 292.84 Cr
- P/E Ratio: 20.92
- Dividend Yield:
- 52 Weeks High: 27.70 INR
- 52 Weeks Low: 18.20 INR
- Current Price: 19.14 INR (-18.90 percent from past year)
Shareholding Pattern For Rana Sugars Share Price
- Promoters : 22.64
- Retail and others : 77.36
- Foreign Institutions : 0.00
- Mutual Funds : 0.00
The Promoter holding has been maintained at 22.64; institutional holding has decreased minutely from 1.67 % to 1.66. FII has stopped holding with this also as it has been diminished to 0.00 %.
Rana Sugars Share Price Target between 2024 and 2030
| Year | Share Price Target |
| 2024 | ₹30 |
| 2025 | ₹40 |
| 2026 | ₹50 |
| 2027 | ₹60 |
| 2028 | ₹70 |
| 2029 | ₹80 |
| 2030 | ₹90 |
2024: Rana Sugars Share Price Target 30 INR
Rana Sugars has to emerge bolder in 2024. It should have better sugarcane production with better profitability of ethanol. All this government increase focus on the ethanol-blending program should help gain all these developments. It should reach share price and touch 30 INR by the end of this year.
2025: Rana Sugars Share Price Target 40 INR
By 2025, the stable sugar prices and a bigger play on its renewable energy segment would help Rana Sugars. With the diversified power generation, the company is now playing on this diversification, and one can see the stock up at 40 INR.
2026: Rana Sugars Share Price Target 50 INR
Growth story continues in the year 2026. Rana Sugars consolidates its operational efficiency with ethanol output increasing. Also, a stable demand-supply equation in the sugar space supports the share price touching 50 INR.
2027: Rana Sugars Share Price Target 60 INR
2027 is expected to be a good year for Rana Sugars, as the rising ethanol blending mandates and export opportunities would support it. With the steady revenue growth and proper cost management, the share price may reach 60 INR.
2028: Rana Sugars Share Price Target 70 INR
Further extension in ethanol production and related other renewable energy sectors the stock price will reach up to 70 INR, considering the fact that, as there is a strong prophecy for further government backing in ethanol projects, and that will be the corporate advantage.
2029: Rana Sugars Share Price Target 80 INR
As of 2029, diversified portfolio of the firm Rana Sugars comprising sugar, ethanol, and power should gain continuity to deliver profitability. During prosperous business climatic conditions, the price will reach up to 80 INR.
2030: Rana Sugars Share Price Target 90 INR
As estimated Rana Sugars will gain some major milestone of 90 INR by 2030, mainly because it now concentrates on green energy strategy and the popularity of ethanol increases. The strength and long-term endurance of corporations regarding changes in market trends may lead to steady long-term growth.
Determinants of Growth of Rana Sugars Share Price
1. Ethanol Blending Program
Indian government has also been very aggressive with its 20% ethanol blending in petrol by 2025. This would certainly prove to be a boon for companies like Rana Sugars as the investment made in the production facilities for ethanol will start showing high returns in the future years.
2. Renewable Energy
The focus on renewable energy, through the generation of power from bagasse, helps Rana Sugars be more sustainable. It reduces its dependence on the prices of sugar and offers steady revenues.
3. Export Opportunities
Global sugar demand, coupled with benign export policies, presents growth opportunities for Rana Sugars. The export side is an important source of revenues for the company.
4. Operational Efficiency
With time, Rana Sugars has become more operationally efficient with better margins and profitability. It has remained the major growth driver in terms of stock performance.
Key Risks For Rana Sugars Share Price
1. Sugar Price Volatility: This is the industry-specific industrial complexity threatening this company, Rana Sugars. The price fluctuation of sugar will instantly impact its profitability.
2. Weather Dependence: Sugarcane as a crop is sensitive towards weather conditions. Unfavorable climatic factors would disrupt the supply factor and affect the performance.
3. Regulatory Challenges: Change in government policies specially related to ethanol blending or sugar exports, would go contrary to the prospects of this Company
FAQs For Rana Sugars Share Price
1. What are the current market shares of Rana Sugars?
The share value of Rana Sugars as on today’s market has reached up to 19.14 INR.
2. Share Price that can be expected of Rana Sugars till the year 2024:
The anticipated value of shares of Rana Sugars has gone up to 30 INR at the end of 2024.
3. What are the factors impacting its growth for the years ahead?
The major drivers of growth are ethanol blending programs, renewable energy programs, export opportunities, and improved operational efficiency.
4. What are the major risks of Rana Sugars?
Major risks include sugar price volatility, weather dependence, and regulatory challenges.
5. What is the promoter holding in the company?
The promoters hold 22.64% of the company’s shares as of September 2024.
6. How has the company performed over the past year?
Rana Sugars share price had decreased by 18.90% in the last year.
7. What will be the Rana Sugars Share Price Target for 2030?
Rana Sugars share price long-term target is at 90 INR in 2030.
The very compelling growth story of a diversified portfolio with an ethanol and renewable energy focus makes Rana Sugars Limited appealing. Risks inherent in the sugar industry are certainly being faced by the company; however, its strategic initiatives coupled with government support shall prove to be a great base for future growth. Those looking for long-term investment opportunities in the sugar and renewable energy sectors will surely find Rana Sugars a very attractive prospect.
