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HomeSHARE MARKETThis Share Crossed ₹112 To ₹3300, Now The Company Is Giving 6...

This Share Crossed ₹112 To ₹3300, Now The Company Is Giving 6 Bonus Shares

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A good rise is being seen in the shares of a small company Kesar India Ltd. Shares of Kesar India reached Rs 3342.75 on Friday even in a weak market with an upper circuit of 5%. 

The shares of the company have increased from Rs 112 to Rs 3300 in the last year.

Shares of Saffron India have given returns of more than 2800% to investors during this period. The small-cap company is now going to give the gift of bonus shares to its investors.

Company Is Giving 6 Bonus Shares

Kesar India is giving bonus shares to its investors in the ratio of 6:1. That is, the company is giving 6 bonus shares to investors for every share. 

The company has fixed the record date of bonus shares as 19 March 2024. The company will give its investors bonus shares for the first time. 

The 52-week high level of shares of Saffron India is Rs 4319.85. At the same time, the 52-week low level of the company’s shares is Rs 112. 

The company’s shares have risen by 227% so far this year. At the beginning of the year, on January 1, 2024, the company’s shares were at Rs 1024.65, which has now reached Rs 3342.75.

Company’s Shares Rose By 1207% In 6 Months

There has been a tremendous rise in the shares of Saffron India in the last 6 months. The company’s shares were at Rs 255.60 on September 15, 2023. 

Shares of Saffron India have reached Rs 3342.75 on 15 March 2024. In the last 6 months, the company’s shares have seen a meteoric rise of 1207%. 

If a person had invested Rs 1 lakh in Saffron India shares six months ago and had maintained his investment, the current value of these shares would have been Rs 13.07 lakh.

At the same time, in the last month, the company’s shares have seen a rise of about 33%.

About Kesar India Ltd 

Kesar Enterprises Limited is an Indian-based business that is involved in manufacturing marketing, selling, and marketing various kinds of goods. The company is divided into three Divisions. They are Sugar, Spirits, and Power.

The Sugar segment is involved in the manufacturing and selling of sugar as well as its products. The Spirits segment is involved in the production and distribution of alcoholic beverages, including alcohol drinks.

The power segment is responsible for the generation of power using bagasse. 

The company operates 7200 tonnes of cane daily (TCD) sugar plant capacity located in Baheri in the Bareilly District, Uttar Pradesh.

It also operates in the business of aircraft, shipping, and automobiles, banking insurance, marketing the thermoplastics industry, rubber synthetic, and textiles.

Fundamental Analysis of Kesar India Ltd

Market Cap₹ 1,180 Cr.
Current Price₹ 3,342.75
52-wk High₹ 4,320 
52-wk Low116
Stock P/E1,513
Book Value₹ 87.6
Dividend0.00 %
ROCE8.76 %
ROE7.08 %
Face Value₹ 10.0
P/B Value38.2
OPM7.24 %
EPS₹ 2.21
Debt₹ 1.62 Cr.
Debt to Equity0.05

Kesar India Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 3,458₹ 3758
2025₹ 3998₹ 4,201
2026₹ 4,548₹ 4900
2027₹ 5,201₹ 5,758
2028₹5,759₹ 5,800
2029₹ 5,900₹ 6,000
2030₹ 6,000₹ 6,245
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Kesar India Ltd Shareholding Pattern

Promoters Holding
Sept 202274.60%
Mar 202374.98%
June 2023
Sept 202374.98%
Dec 2023
FII Holding
Sept 20220.00%
Mar 202312.55%
June 2023
Sept 202315.70%
Dec 2023
Public Holding
Sept 202225.41%
Mar 202312.46%
June 2023
Sept 20239.30%
Dec 2023
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Kesar India Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 0.19 Cr
2020₹ 0.48 Cr
2021₹ 1.16 Cr
2022₹ 8.41 Cr
2023₹ 15.19 Cr

Last 5 Years’ Net Profit:

2019₹ 0.01 Cr
2020₹ 0.04 Cr
2021₹ 0.01 Cr
2022₹ 3.63 Cr
2023₹ 0.78 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019
2020
2021-3.37
20220.75
20230.1
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:169%
Current Year:-79%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:7%

Sales Growth Over 10 Years:

10 Years:
5 Years:
3 Years:216%
Current Year:81%

Conclusion

This article is a complete guide about Kesar India Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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