SSelectStock

DAVANGEREDavangere Sugar Company Limited

FMCG · Confectioners · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Davangere Sugar Company Limited manufactures, markets, and sells sugar and molasses in India. The company operates through four segments: Sugar, Co-Generation, Aviation, and Distillery. It engages in the co-generation of electricity related activities with a capacity of 24.45 megawatt. The company is also involved in production of ethanol products, as well as aviation related business that consists of a fleet of helicopters. Davangere Sugar Company Limited was incorporated in 1970 and is based in Bengaluru, India.

2.10
9.95%
29Weak

Mkt Cap
₹356 Cr
P/E
35.0
P/B
0.8
Div Yield
0.00%
52W High
₹5.50
52W Low
₹1.74

Price & Volume

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Key Ratios

Market Cap (₹ cr)356.10
P/E35.00
P/B0.81
PEG
ROE %1.70
ROCE %4.80
Debt / Equity0.60
EPS0.06
Revenue Growth %44.20
Profit Growth %-95.00
Dividend Yield %0.00
Promoter Holding %54.12
FII Holding %3.18
DII Holding %
Beta0.55

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 74%

Why avoid

  • Overall evidence is weak (AlgoScore 29/100)
  • Profit growth: -95.0% YoY
  • ROE: 1.7%
  • RSI: 35
  • MACD: bearish

⚖️ 1 bullish pattern setup is currently active on this stock. Pattern setup-quality percentages measure how cleanly a chart formation developed — they are not an endorsement of the company. Short-term traders may still trade those setups with strict stops; the AVOID verdict reflects the overall risk/fundamental profile for holding.

Bull case

  • Revenue growth: 44.2% YoY
  • Debt/Equity: 0.60
  • Promoter holding: 54.1%
  • Trend strength (ADX): 43

Bear case

  • Profit growth: -95.0% YoY
  • ROE: 1.7%
  • RSI: 35
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Profit growth: -95.0% YoY
  • ROE: 1.7%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹2.10
Stop Loss
₹1.72
risk 18%
Target 1 (1.5R)
₹2.67
+27.1%
Target 2 (3R)
₹3.23
+53.8%
Support (20d)
₹1.74
Resistance (52w)
₹5.50
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.38/share
ATR (volatility)
₹0.17
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.17). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental40
Technical29
Momentum11
Risk (safety)41

Peers — FMCG

VENKEYS 5.33%
82
GLOBAL 2.71%
80
GODREJAGRO 0.42%
79
MUKKA 5.23%
77
MANORAMA 1.37%
77
AEROPLANE 0.86%
74