DCM Shriram Consolidated is currently trading at Rs. 42.30, up by 0.25 points or 0.59% from its previous closing of Rs. 42.05 on the BSE.
The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 42.50 and Rs. 42.00 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 59.00 on 27-Jul-2011 and a 52 week low of Rs. 39.00 on 29-Mar-2011.
Last one week high and low of the scrip stood at Rs. 43.00 and Rs. 40.25 respectively. The current market cap of the company is Rs. 697.62 crore.
The promoters holding in the company stood at 58.28% while Institutions and Non-Institutions held 14.20% and 27.52% respectively.
DCM Shriram Consolidated (DSCL), one of the large domestic sugar producers, on the back of higher cane crushing as well as better recovery, is eyeing 44% hike in its sugar output for current 2011-12 season (October-September), which is estimated to be at 3.9 lakh tonnes. DSCL, which is a diversified industrial group with interests in fertilisers, bio-seed and chlorovinyl business, derived approximately 14% of its revenue from sugar business in fiscal 2011.
The company is planning to crush about 40 lakh tonnes of cane, over last year's 29.7 lakh tonnes, while the company is targeting a higher recovery of 9.8% for the current season with favourable weather conditions aiding the crop. The higher cane crushing is on account of better yields due to the change in varietal mix on the field and also an increase in the company's cane area, which has gone up by about 10% this year.
For the September quarter, DSCL posted a loss of Rs 38.4 crore on revenue of Rs 1071.3 crore as against a loss of Rs 29 crore on revenue of Rs 1052.8 crore in corresponding last year.
DCM Shriram Consolidated is engaged into production of sugar, agri inputs, urea and hybrid seeds. Its sugar plant has installed capacity of 33,000 tonnes crushed daily and a 94.5 MW capacity captive power plant.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2534.45 |
| DCM Shriram | 1292.15 |
| Birla Corporation | 1081.60 |
| Surya Roshni | 568.55 |
| 3M India | 31270.75 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
