Stock of Interest

Posted On: July 21, 2023

Stock Report : UGARSUGAR (NSE) 20 Jul 2023

The Ugar Sugar Works Limited is a prominent company within the Shirgaokar Group, serving as its flagship entity. Headquartered in Ugar Khurd, Karnataka, the company operates in the sugar industry and has a notable history dating back to its founding in 1939. Situated close to the Karnataka-Maharashtra border, the organization has a strategic location that likely influences its operations. Notably, the company’s stock price on the NSE as of July 21 stands at ₹126.70, reflecting a slight decline of -0.24%. Additionally, the Ugar Sugar Works Limited has diversified its interests, as evident from its subsidiary, Ugar Theatre Pvt. Ltd., showcasing its versatility and expansion into different sectors. 

xCalData predicts UGARSUGAR will continue its Bullish phase over the next five days and trend in the range of 125 to 131. 

In comparison to the previous month, the price of the stock has experienced an increase of 6.50% indicating a bullish. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only Aroon indicates bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

The Stock has doubled thrice since 02 Mar 2016 and took an average of 2.3 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given Negative returns in 2 years in the past. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData