Start Filing Your ITR Now
Our plans start from ₹ 499/-

Sumuka Agro Share Price Target From 2024 to 2030

Sumuka Agro Industries Limited is a prominent name in the agricultural sector, recognized for revolutionizing the agro-based economy by integrating sustainable practices with modern technology. The company’s portfolio includes organic farming outputs and agro-products catering to local and international markets. By prioritizing quality and sustainability, Sumuka Agro has established itself as a trusted brand in a competitive market.

Management's focus lies in long-term growth, supported by various governmental policies promoting sustainable farming practices. This commitment, combined with a strong performance history, makes Sumuka Agro an excellent investment avenue for those seeking value in the agriculture sector.


Principal Financial Factors for Sumuka Agro Share Price

  • High Open: ₹202.00
  • High in Day: ₹202.00
  • Low in Day: ₹198.50
  • Price Today: ₹199.00
  • 52-Week High: ₹243.00
  • 52-Week Low: ₹141.60
  • Market Cap: ₹141.43 Cr
  • P/B Ratio: 39.72
  • Dividend Yield: Not declared

The stock has delivered a commendable growth of 12.4% in the past year, demonstrating its ability to generate sustainable returns.


Shareholding Pattern for Sumuka Agro Share Price

  • Retail and Others: 57.53%
  • Promoters: 27.71% (unchanged since September 2024)
  • FII: 14.76% (up from 14.69% in the previous quarter)

Key Observations

  1. Promoter Holding: A stable 27.71% promoter holding indicates confidence in the company's management and growth prospects.
  2. Institutional Trust: A slight increase in FII holding underscores growing foreign investor interest, even as the number of FIIs decreased from three to two.
  3. Retail Dominance: Over 57% of shares are held by retail investors, reflecting its popularity among small investors.

Expected Sumuka Agro Share Price Targets from 2024 to 2030

Year Share Price Target
2024 ₹250
2025 ₹350
2026 ₹450
2027 ₹550
2028 ₹650
2029 ₹750
2030 ₹850

Reasons for Sumuka Agro Share Price Growth

  1. Sectoral Boom: India’s agricultural sector is set to flourish with government support, rising demand for organic products, and increased export opportunities.
  2. Sustainability Initiatives: Adhering to global preferences for eco-friendly and sustainable products positions Sumuka Agro as a frontrunner.
  3. Innovation and Expansion: Investments in technology and expansion into new markets will drive revenue growth.

Key Industry Trends and Growth Opportunities

  1. Technological Integration: Sumuka Agro leads agricultural innovation through advanced farming technologies.
  2. Government Policies: Subsidies for sustainable farming and agro-business financing provide a competitive edge.
  3. International Market Reach: Diversification through export markets mitigates risks from local demand fluctuations.

Robust Financial Fundamentals

  • P/E Ratio: A high P/E ratio of 39.72 reflects investor optimism regarding future earnings.
  • Dividend Policy: While there are no dividend payouts, profits are reinvested into growth and expansion, driving long-term shareholder value.

Challenges and Risks

  1. Market Volatility: Dependency on agricultural commodities makes the company vulnerable to price fluctuations.
  2. Weather Dependence: Erratic weather, such as monsoons, may disrupt production and revenue.
  3. Competition: Intense competition in the agro-industry necessitates continuous innovation to stay ahead.

FAQs for Sumuka Agro Share Price

  1. Why Sumuka Agro?
    Sumuka Agro focuses on sustainability and long-term growth, making it a solid choice for long-term investors.

  2. What is the Sumuka Agro Share Price in 2030?
    The 2030 target is ₹850, driven by sectoral opportunities and strategic expansions.

  3. Why is the P/E Ratio so High?
    A P/E ratio of 39.72 indicates investor confidence in the company’s future earnings potential.

  4. Is Sumuka Agro a High-Risk Investment?
    While agro-based companies face risks from market and weather dependencies, Sumuka Agro’s diversification and innovative practices mitigate these challenges.

  5. How Does Sumuka Agro Contribute to Sustainability?
    The company adopts eco-friendly farming practices and meets global demand for sustainable agro-products.

  6. Does Sumuka Agro Pay Dividends?
    Currently, the company does not pay dividends, reinvesting profits for growth and development instead.

  7. What is the Trend of FII Holdings?
    FII holdings have marginally increased from 14.69% to 14.76%, reflecting growing confidence in the company’s prospects.


Conclusion

Sumuka Agro Industries is poised for strong growth in the coming years. With a robust foundation of solid fundamentals, increasing institutional confidence, and alignment with sustainability trends, the company offers an attractive opportunity for long-term investors. While challenges such as weather dependency and market volatility persist, Sumuka Agro’s innovative approach and strategic direction provide a solid foundation for future success.

The projected Sumuka Agro Share Price targets indicate steady growth, potentially reaching ₹850 by 2030. For investors eyeing the agricultural sector, Sumuka Agro stands out as a stock to watch.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

Subscribe to the exclusive updates!