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I think this article can be of great help to you in analyzing KM Sugar Mills Ltd. The only condition is that you have to read this article very carefully and completely.
KM Sugar Mills Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030
Product: Friends, first of all, what product does KM Sugar Mills Ltd make? Let's discuss this topic. For this, when we go to the official website of KM Sugar Mills Ltd and come to the product section, what product does KM Sugar Mills Ltd make? It is visible.
You see that KM Sugar Mills Ltd manufactures 5 types of products, in which 1. Sugar 2. Distillery 3. Clean Power 4. Bio-Manure 5. Moti Sanitizer
Note: Now as it seems from the name of KM Sugar Mills Ltd that it is only a sugar manufacturing company, then friends it is not like that at all. This company makes four other important products along with sugar. If seen on the basis of the product, then this company can perform very well in the coming time.
Technical Analysis: Now by doing technical analysis in KM Sugar Mills Ltd, we are going to tell you how the chart of KM Sugar Mills Ltd is performing.
Friends, as you can see in the image. A very good rounding bottom pattern was formed in the weekly time frame of KM Sugar Mills Ltd. Which is broken out with volume. After this, the chart is currently facing a very heavy resistance so if there is a breakout from here then we will get a new opportunity to buy it or when it will take support at some level after retracement down a few percent and then trade upwards If you start doing this, then there will be an opportunity for us to buy.
Target: Now we try to produce a target in KM Sugar Mills Ltd. How will we target KM Sugar Mills Ltd below? It has been talked about in full detail.
| Year | Target For KM Sugar Mills Ltd |
|---|---|
| 2022 | Rs.58 |
| 2023 | Rs.91 |
| 2024 | Rs.124 |
| 2025 | Rs.160 |
| 2030 | Rs.231 |
KM Sugar Mills Ltd Share Price Target 2022
If we analyze the target for 2022 in KM Sugar Mills Ltd then the nearest resistance to the current price is ₹ 58 level. That can be considered the target for 2022.
KM Sugar Mills Ltd Share Price Target 2023
For 2023, the target level at KM Sugar Mills Ltd is labeled ₹91 just above the 2022 target level. Which is likely to be achieved by 2023.
KM Sugar Mills Ltd Share Price Target 2024
If we predict the target for 2024 in KM Sugar Mills Ltd, then the level of ₹ 124 for 2024 appears in front of nickel.
KM Sugar Mills Ltd Share Price Target 2025
Now we are going to talk about predicting the target level of the stock for 2025. For 2025, if we talk about the target of KM Sugar Mills Ltd share, then the level of ₹ 160 is in front of nickel which will be seen to be achieved by 2025.
KM Sugar Mills Ltd Share Price Target 2030
Friends, investing in stock till 2030 is a sign of a very patient-full investor. If you stay invested in KM Sugar Mills Ltd till 2030 and keep tracking the Annual and Quarterly results of KM Sugar Mills Ltd every year then after all things good then by 2030 KM Sugar Mills Ltd will see a level of ₹ 231. could.
KM Sugar Mills Ltd Quarterly Result Analysis
According to ticker.finology.in, in the fourth quarter of 2020 (Q4FY20), the company made a sale of 210.04 crores, in which it made a profit of 7.49 crores after paying tax. Similarly, in the first quarter of 2020 (Q1FY20), the company made a sale of 174.64 crores, in which the company made a profit of 9.27 one crore after paying tax.
After this, in the second quarter of 2020 (Q2FY20), the company sold 140.63 crores, in which the company made a profit of 6.63 crores. After that, if seen, in the third quarter of 2020 (Q3FY20), the company sold 123.79 crores, in which the company made a profit of 4.21 crores.
After that, in the fourth quarter (Q4FY21) of 2021, the company performed better than before and sold 63.67 crores, in which the company got a profit of 6.13 crores after paying tax.
KM Sugar Mills Ltd Annual Result Analysis
Friends, if we talk about the company's annual report, according to ticker.finology.in, the company sold 352.87 crores in 2016 (FY16), in which the company made a profit of 11.69 crores. In the following year March 2017 (FY17), the company did a business of 336.19 crores, in which the company made a profit of 37.11 crores.
In the next year 2018 (FY18), the company did a business of 462.77 crores, in which the company made a profit of 18.87 crores. After this, in the year 2019 (FY19), the company earned a profit of 24.25 crores, doing a business of 390.05 crores.
In FY20 (Year 2020), the company performed even better, doing a business of 531.35 crores, and in that the company made a profit of 18.43 crores.
Conclusion
In this post, we have analyzed in detail KM Sugar Mills Ltd's Product, Technical Analysis, Quarterly, Annual Result, and Target, and if I tell my opinion about KM Sugar Mills Ltd then the way the company is performing now. I will hold my invested shares.
As long as this company is performing fundamentally well but there is no chance to buy it right now I will need a breakout of its resistance or a significant retracement to buy more in it.
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