Bajaj Hindusthan is a part of the Bajaj Group. During the 2006 to 2008 market crash, this stock also crashed very badly. But now, the stock is given a good return of approx 200% in just a 1 year. Expecting a 200% return is nearly impossible when the stock is consolidating in a range for years. Let’s predict how the Bajaj Hindusthan share price target for 2024, 2025, and 2026 will move.
The Bajaj Hindusthan stock crashed multiple times because of bad news and some market crashes too. According to the chart in 2008, the stock was going upside but in the same year, a market crash happened. As a result the stock again crashed. Not only this stock many stocks crashed in the 2008 market crash and have not recovered yet.
Recovering from the deadly crashed stock is very slow or near to impossible until the stock shows good results like profit, revenue, EPS (earning per share), high promoter holdings, and many more. If these things happen then the probably the stock can give good results.
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About Bajaj Hindusthan Sugar
Bajaj Hindusthan Sugar was founded in 1931 and its current managing director is Mr. Jay Sharma. It is Asia’s no. 1 sugar producer company and ranks no. in the world for sugar-producing.
It looks like the company is involved in only sugar producing but no. The company is also involved in the alcohol and power generation business. The company has 136,000 tonnes of sugarcane crushing capacity which is a very huge number. The alcohol distillation capacity is 800 Killoleter per day.
Visit the Bajaj Hindusthan Sugar official website to learn more about their products, latest updates, business model, etc in detail.
Company Fundamentals
To invest in any stock fundamental analysis is very important. It gives a lot of imports about the company’s financials which helps investors to know about the company’s strengths in depth. As a result, it becomes very easy to understand the company’s future for investing.
We also recommend you do the company fundamental analysis by yourself to understand the company and its business model. It will increase your knowledge as well as you will be able to book profit at the right time.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry, from the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 07 Feb 2024.
Profit Growth (Last 5 Years)
| Year | Profits (In Crore) |
|---|---|
| March 2019 | -₹137 |
| March 2020 | -₹50.0 |
| March 2021 | -₹291 |
| March 2022 | -₹268 |
| March 2023 | -₹135 |
Quarterly Results (Profit)
| Quarter | Profits (In Crore) |
|---|---|
| Sep 2022 | -₹162 |
| Dec 2022 | -₹58.37 |
| Mar 2023 | ₹131 |
| Jun 2023 | -₹74.69 |
| Sep 2023 | -₹123 |
Company Essentials
| Market Cap | ₹4,296Cr | ROE | -2.96% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | -0.98 |
| P/B Ratio | 1.02 | Div Yield | 0.00% |
| Industry P/E | 13.21 | Book Value | 33.12 |
| Debt to Equity | 0.97 | Face Value | 1 |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 1.8% |
| DII | 9.45% |
| Public | 63.79% |
| Promoters | 24.95% |
| Other Holders | 0.0% |
Key Points
- Bajaj Hindusthan Sugar Limited compnay is a loss-making compnay and has not shown any profit in the last 5 years but the yearly losses are shrinking.
- Promoters holding in the compnay is just 24.95% and promoters have pledged their 100% shareholding too.
- On the compnay, there is a DEBT of Rs. 4,243.44 Crore which is very close to the company’s market cap. On the other side, the compnay has a cash of Rs. 21.31 Crore.
- The ROE and ROCE of the compnay have been very poor over the last 3 years.
Quarterly Results
Bajaj Hindusthan Sugar Limited is making a huge loss in almost every quarter. In Mar 2023 quarter, the compnay showed a good profit of Rs. 131 Crore but after this quarter again the compnay started making losses continuously. In the Sep 2023 quarter, the net loss of the compnay is Rs. -123 Crore.
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worst market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Bajaj Hindusthan Share Price Target
Bajaj Hindusthan Sugar is a penny stock and in the past, it was a very volatile stock. One thing is common in all penny stocks they are very volatile as a result times they can give a huge return in very little time and most of the time they give only losses.
As of now, the Indian market is very bullish and moved nearly 15% in just 2 months. With these types of aggressive moves, there are high chance other stock moves also give good results. Like Bajaj Hindusthan Sugar Limited also moved but investing in the stock can be very risky.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Bajaj Hindusthan Share Price Target 2024
Bajaj Hindusthan share is currently trading near its 52-week high and it can also break its 52-week high in the short term. From this level, the stock can move upside very rapidly only if there is any good news related to the Industry or stock.
As we mentioned above the loss of the compnay has shrunk very slowly in the last few years. In the Sep Quarter, the compnay made a net loss of Rs. -123 Crore. In case the compnay shows good results in the Dec 2024 quarter then the stock can give a 10% to 15% return very easily.
Bajaj Hindusthan Share Price Target 2025 and 2026
From the fundaments view point investing in the stock can be very risky and there are very high chance you can lose a lot of money in the stock. The biggest problem of the compnay is it’s still making huge losses and the DEBT of the compnay is also very high.
The Earning Per Share (EPS) of the compnay is also negative and continuously making huge losses in almost every quarter and year.
It is very hard to say that you should keep away from the stock, you can go with other better stocks of the sugar industry.
FAQs
Yes it will incarse in the upocing yeras. But it is very hard or almost near impossible for the stock to touch its all-time high.
As the stock crashed multiple times it is also a penny stock. But the business of the stock is also outstanding. Do your research to buy any penny stocks. Safe investors stay away from all the penny stocks.
Yes, as it is a penny stock and very volatile too. There are a few major resistance if the stock breaks them then we can see Rs. 40 – 50 in the upcoming years.
Final Words: Bajaj Hindusthan Sugar is a good stock according to its business and it is no. 1 in Asia in producing the sugar. The fundamentals of the Bajaj Hindusthan are very weak. So, treat the stock as a penny stock and do proper research before buying the stock. According to the current conditions, the stocks look bullish and the Bajaj Hindusthan share price target for 2024, 2025, and 2026 is shared above.