Bajaj Hindusthan comes in the list of those stocks that crashed very badly. In 2006 Bajaj Hindusthan Sugar stock was trading at Rs. 403 and it crashed multiple times as of now, the stock is trading near Rs. 21. As the stock is no. in the sector and doing good so, let’s see the Bajaj Hindusthan share price target 2023, 2024, and 2025.
As the Bajaj Hindusthan share crashed multiple times because of many 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 happen. As a result the stock again crashed. Not only this stock there were many stocks that crashed in the 2008 market crash and have not recovered yet.
Let’s analyze the stock and check experts’ suggestions and targets of the stock whether the stock is worth buying at this time or not. As there are also a lot of major improvements that happened in the company and as of now it is a well-known company.
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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.
As 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 too. 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 know 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 finance 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 16 August 2023.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 6,967.43 |
| March 2020 | 6,676.61 |
| March 2021 | 6,688.20 |
| March 2022 | 5,590.22 |
| March 2023 | 6,319.34 |
Quarterly Results (Last 5 Quarters)
It is the total income from operations (net sales/income from operations and other operating income).
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 1,523.78 |
| Sep 2022 | 1,320.17 |
| Dec 2022 | 1,422.78 |
| Mar 2023 | 2,035.59 |
| Jun 2023 | 1,353.77 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 2,650.52 Cr |
| ENTERPRISE VALUE | Rs. 6,872.65 Cr. |
| NO. OF SHARES | 127.74 Cr. |
| P/E | 0 |
| P/B | 0.6 |
| FACE VALUE | Rs. 1 |
| DIV. YIELD | 0 % |
| BOOK VALUE (TTM) | Rs. 34.74 |
| CASH | Rs. 21.31 Cr. |
| DEBT | Rs. 4,243.44 Cr. |
| EPS (TTM) | Rs. -1.28 |
| SALES GROWTH | 13.17 % |
| ROE | -4.01 % |
| ROCE | 0.72 % |
| PROFIT GROWTH | 32.31 % |
Share Holding Pattern
| Held By | Holding % |
|---|---|
| FII | 1.6 % |
| DII | 15.26 % |
| Public | 58.18 % |
| Promoters | 24.95 % |
| Other Holders | 0.0% |
Promoter Pledging %
| Date | Promoter % | Pledge % |
|---|---|---|
| Jun 2023 | 24.95 | 100 |
| Mar 2023 | 24.95 | 100 |
| Dec 2022 | 24.95 | 100 |
| Sep 2022 | 24.95 | 100 |
| Jun 2022 | 24.95 | 100 |
Note: Below are some major positive and negative points above the company fundamentals. You can know all the positive and negative points by analyzing the company fundaments by yourself.
| Positive Points | Negative Points |
|---|---|
| Cash of 137 days conversion cycle | Negative profit growth in the last 3 years. |
| Negative revenue growth in the last 3 years. | |
| ROE at -6.84% in the past 3 years | |
| ROCE 0.29 in the past 3 yeras. |
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 worse 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 will face 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 did 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 less time and most of the time they give only losses.
In Aug 2022, the Bajaj Hindusthan share price was trading near Rs. 8 – 9. As of Aug 2023 the stock is trading at Rs. 21. In a 1 year the stock is given a return of approx 100%.
As the business model is a lot of changed and it is now Asia’s no. 1 and the world’s no. 4 integrated sugar producer company. It is a very big achievement for the company.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Bajaj Hindusthan Share Price Traget 2023
Bajaj Hindusthan share is currently trading near its 52-week high and created a doji candle in the weekly time frame. According to the technical analysis, the Doji candle is a candle from where the stock can go any side up or down.
In case, the next candle crosses the previs candle of the doji candle then it can be a short-term buying opportunity. Always remember it is a penny stock and there is very high chance of SL hit because penny stocks are highly volatile.
It is a setup that can be seen when a large buying or selling happens in the stock or the market. This setup works well in the market.
Bajaj Hindusthan Share Price Target 2024
In the Bajaj Hindusthan sugar, chart there is a resistance and the stock is going down from the candle. In case it forms any bearish pattern at the level then we can see a downfall in the stock.
Once it breaks the resistance (shred below) then we can see a good upside move in the upcoming months. If the resistance is broken with a good candle then we can see 23 – 24.
There is also resistance at its 52-week high. Once the 52-week high resistance is broken then we will get a high return because it is a major resistance and after breaking a major resistance many times you can see a good move. Make sure you check that the breakout is not false. In short, we can see the target of Rs. 25 – 28.
Bajaj Hindusthan Share Price Target 2025
There is multiple resistance in the Bajaj Hindusthan share, so it will not be easy to break all the resistance very quickly. It can be possible because of any good news, outstanding profit or revenue growth, big buying, etc.
In case, Rs. 32 – 33 resistance is broken and the Bajaj Hindusthan share price sustains above the resistance for a few days then we can see another rally in the stock. As there is minor resistance above the resistance at Rs. 32 – 33.
The Bajaj Hindusthan share price target is not clear yet because it is hard to know from the current price action. We will share the target here once the resistance is broken and any bullish pattern is formed.
FAQs
Yes it will incarse in the upocing yeras. But it is very hard or almost near to impossible for the stock to touch its all-time high.
As the stock crashed multiple times and it is also a penny stock. But the business of the stock is also outstanding. Do your own 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 fundamental of the Bajaj Hindusthan is 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 2023, 2024, and 2025 is shared above.