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HomeSHARE MARKETAmbani Announced A New Acquisition; After News Company Hit 20% Upper Circuit

Ambani Announced A New Acquisition; After News Company Hit 20% Upper Circuit

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Lotus Chocolate Company Ltd Share: Today, in this post we’ll discuss about Lotus Chocolate Company Ltd Share latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

There was a quake in the stock market on Wednesday. The Sensex and Nifty indexes was rough. Despite the current economic conditions, investors have fallen on shares of a few firms. 

One of these share is Lotus Chocolate. In the course of trading, the stocks of Mukesh Ambani’s business Lotus Chocolate hit an upper circuit of 20 percent on the first dat old this trading week. Today the share rose 11.59%.

In 2022 Mukesh Ambani’s Reliance Retail announced its purchase from Lotus Chocolate. This acquisition was completed in the following few months.

Share Price

Today the cost of Lotus Chocolate jumped to the price of Rs 450. It is the 52-week high that the share has reached. The last closing was Rs 403.25.

This stock has yielded a 115 percent return over one year. At this time the price has risen from 187 rupees to its current price.

What Is The Pattern Of Shareholding?

The pattern of shareholdings until December 2023, promoters owned a 72.07 percent stake in Lotus Chocolate. 

In addition the shareholders who are public hold 27.93 percent of the stake. Mukesh Ambani’s firm Reliance Consumer Products Limited has an ownership stake of 51 percent in the company. 

Reliance Consumer holds 65,49,065 shares in the company. Reliance Consumer Products is a 100 percent controlled subsidiary owned by Reliance Retail.

The State Of The Condition Of The Stock

A major drop was observed in the market for stocks on Monday. The 30-share BSE Sensex declined for the second session in a row and ended at 73,399.78 in decline of 845.12 points, or 1.14 percent. 

In the course of trading, at one point, it was down to 929.74 points. This decline led to the market capitalization for BSE-listed businesses falling by 5,18,953.97 crore, to 3,94,48,097.90 crore.

About Lotus Chocolate Company Ltd

Lotus Chocolate Company Limited is an Indian-based business. It’s involved in producing cocoa products, chocolates, and other similar products found in the natural world. 

It was created in 1989. The Company is a part of the Packaged Food division. 

The consumer products of the company include brands such as Chuckles, On & On, Superr Carr, Milky Punch, Kajoos, and Tango. 

The Chuckles brand is available in two flavors: strawberry and chocolate. The Superr Carr brand is involved in the category of molded chocolate. 

The Milky Punch is a white chocolate blended with a molded shape, perfect-sized bars infused with the flavor of the white variety chocolate. 

The Kajoos is a smooth chocolate that contains cashew nuts. The Tango is a mixture of chocolate and milk. 

The industrial products of the company are Lotus Cocoa Mass, Lotus Cocoa Butter, Lotus Cocoa Powder, Lotus Chocolate, Lotus Plain Chocolate, Lotus Chocotreats, Lotus Ice Cream Coverings, Lotus Chocolate Sauce, Lotus Drinking Chocolate Powder along with Lotus Chocolate Decoratives.

Fundamental Analysis of Lotus Chocolate Company Ltd

Market Cap₹ 518 Cr.
Current Price₹ 450
52-wk High₹ 424.40
52-wk Low₹ 139.05
Stock P/E₹ 27.9
Book Value
Dividend0.00 %
ROCE-40.6 %
ROE
Face Value₹ 10.0
P/B Value14.5
OPM-6.26 %
EPS₹ -5.62
Debt₹ 6.35 Cr.
Debt to Equity0.18

Lotus Chocolate Company Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹465₹489
2025₹498₹534
2026₹543₹580
2027₹550₹600
2028₹612₹645
2029₹650₹700
2030₹687₹745
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Lotus Chocolate Company Ltd Shareholding Pattern

Promoters Holding
Dec 202272.07%
Mar 202372.07%
June 202372.07%
Sept 202372.07%
Dec 202372.07%
FII Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
DII Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
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Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Public Holding
Dec 202227.90%
Mar 202327.92%
June 202327.90%
Sept 202327.91%
Dec 202327.90%

Lotus Chocolate Company Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of 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₹ 66 Cr
2020₹ 70 Cr
2021₹ 48 Cr
2022₹ 87 Cr
2023₹ 104 Cr
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Last 5 Years’ Net Profit:

2019₹ 1 Cr
2020₹ 1 Cr
2021₹ 2 Cr
2022₹ 6 Cr
2023₹ -7 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019-1.88
2020-1.94
2021-2.9
202232.69
2023-0.87

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year:-728%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Sales Growth Over 10 Years:

10 Years:3%
5 Years:2%
3 Years:-4%
Current Year:35%

Conclusion

This article is a complete guide about Lotus Chocolate Company Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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