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Economic Times
7 days ago
- Business
- Economic Times
Turnaround stocks: IFCI, Shree Renuka Sugars among six BSE 500 stocks to swing to profit in Q4
Despite their strong quarterly turnarounds, stock market performance in CY2025 has been mixed for these six companies. Six BSE 500 companies, including CreditAccess Grameen and IFCI, reported profits in Q4FY25 after losses in the previous quarter. While CreditAccess Grameen and IFCI have seen positive stock returns in CY2025, others like Mahindra Lifespace Developers have lagged. Experts suggest accumulating Mahindra Life and Nuvoco long-term, favoring Balrampur Chini over Shree Renuka Sugars. Tired of too many ads? Remove Ads Mixed CY2025 stock returns Tired of too many ads? Remove Ads What to do with them? As the Q4FY25 earnings season is set to culminate this week, six listed companies in the BSE 500 index have scripted a strong turnaround, reporting profits in the reported quarter after losses in the previous quarter. The notable names which have delivered a remarkable shift in performance include CreditAccess Grameen Mahindra Lifespace Developers , Nuvoco Vistas, and Shree Renuka Sugars As of May 28, 2025, 461 companies in the BSE 500 index declared their quarterly Grameen saw a striking reversal, posting a profit of Rs 47.21 crore in Q4FY25 compared to a loss of Rs 99.52 crore in Q3. IFCI also swung to a profit of Rs 260.43 crore from a loss of Rs 8.74 crore. Similarly, Graphite India turned profitable with Rs 49 crore versus a Rs 21 crore QoQ loss. As for Mahindra Lifespace Developers, the real estate company reported Rs 85.09 crore in earnings after a Rs 22.47 crore and building material company Nuvoco Vistas posted Rs 165.54 crore in Q4 profits against a loss of Rs 61 crore, while Shree Renuka Sugars recovered from a massive Rs 203.70 crore loss in Q3FY25 to post Rs 93.10 crore in net profit in the quarter under their strong quarterly turnarounds, stock market performance in CY2025 has been mixed for these companies. CreditAccess Grameen has rewarded investors with a 33.69% return so far this year, and IFCI is up 12.78%. However, others have lagged—Graphite India is down 5.84%, Mahindra Lifespace Developers has slipped 20.57%, Nuvoco Vistas is nearly flat with a marginal 0.06% uptick, and Shree Renuka Sugars has declined 15.89%, indicating investor caution despite earnings Bathini, Director-Equity Strategy at WealthMills Securities, summed up the Q4 season as a decent quarter with no negative surprises considering the domestic and global uncertainties. In his view, all six stocks are "decent" CreditAccess, he said that the company's performance is improving. "BFSI as a sector is doing well, and NIMs are gradually getting better. The RBI policy announcements could act as a trigger if rates are cut," he said. He declined to recommend the Mahindra Life and Nuvoco, he suggested accumulation with a long-term view. As for Renuka, he said his top bet in the sugar sector is the "sector bellwether" Balrampur Chini. He has an 'Avoid' view on state-run on the growth story of IFCI, Share. Market expert Om Ghawalkar said that the turnaround came on the back of strategic divestments and a capital infusion by the government. Although the revenue of this state-run company dropped 41.6% YoY due to elevated NPAs and ongoing consolidation, the improved bottom line has powered a strong market reaction with the stock rallying 60% this for Shree Renuka Sugars, growth in ethanol sales and tighter cost control were key drivers, this analyst said. "Despite a slight decline in annual revenue, operational improvements helped narrow full-year losses. The stock is in a clear uptrend and has gained nearly 20% while trading above key moving averages," he added.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
7 days ago
- Business
- Time of India
Turnaround stocks: IFCI, Shree Renuka Sugars among six BSE 500 stocks to swing to profit in Q4
Mixed CY2025 stock returns Live Events What to do with them? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As the Q4FY25 earnings season is set to culminate this week, six listed companies in the BSE 500 index have scripted a strong turnaround, reporting profits in the reported quarter after losses in the previous quarter. The notable names which have delivered a remarkable shift in performance include CreditAccess Grameen Mahindra Lifespace Developers , Nuvoco Vistas, and Shree Renuka Sugars As of May 28, 2025, 461 companies in the BSE 500 index declared their quarterly Grameen saw a striking reversal, posting a profit of Rs 47.21 crore in Q4FY25 compared to a loss of Rs 99.52 crore in Q3. IFCI also swung to a profit of Rs 260.43 crore from a loss of Rs 8.74 crore. Similarly, Graphite India turned profitable with Rs 49 crore versus a Rs 21 crore QoQ loss. As for Mahindra Lifespace Developers, the real estate company reported Rs 85.09 crore in earnings after a Rs 22.47 crore and building material company Nuvoco Vistas posted Rs 165.54 crore in Q4 profits against a loss of Rs 61 crore, while Shree Renuka Sugars recovered from a massive Rs 203.70 crore loss in Q3FY25 to post Rs 93.10 crore in net profit in the quarter under their strong quarterly turnarounds, stock market performance in CY2025 has been mixed for these companies. CreditAccess Grameen has rewarded investors with a 33.69% return so far this year, and IFCI is up 12.78%. However, others have lagged—Graphite India is down 5.84%, Mahindra Lifespace Developers has slipped 20.57%, Nuvoco Vistas is nearly flat with a marginal 0.06% uptick, and Shree Renuka Sugars has declined 15.89%, indicating investor caution despite earnings Bathini, Director-Equity Strategy at WealthMills Securities, summed up the Q4 season as a decent quarter with no negative surprises considering the domestic and global uncertainties. In his view, all six stocks are "decent" CreditAccess, he said that the company's performance is improving. "BFSI as a sector is doing well, and NIMs are gradually getting better. The RBI policy announcements could act as a trigger if rates are cut," he said. He declined to recommend the Mahindra Life and Nuvoco, he suggested accumulation with a long-term view. As for Renuka, he said his top bet in the sugar sector is the "sector bellwether" Balrampur Chini. He has an 'Avoid' view on state-run on the growth story of IFCI, Share. Market expert Om Ghawalkar said that the turnaround came on the back of strategic divestments and a capital infusion by the government. Although the revenue of this state-run company dropped 41.6% YoY due to elevated NPAs and ongoing consolidation, the improved bottom line has powered a strong market reaction with the stock rallying 60% this for Shree Renuka Sugars, growth in ethanol sales and tighter cost control were key drivers, this analyst said. "Despite a slight decline in annual revenue, operational improvements helped narrow full-year losses. The stock is in a clear uptrend and has gained nearly 20% while trading above key moving averages," he added.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
28-05-2025
- Health
- Time of India
Distribution of ‘fish prasadam' to begin in Hyderabad on June 8
Hyderabad: The annual distribution of fish prasadam by the Bathini family will begin at the Exhibition Grounds in Nampally on June 8 at 10 am, on the occasion of Mrigasira Karte. Announcing the event on Wednesday, Bathini Amarnath Goud said that the practice of fish prasadam distribution, which has been going on for nearly 180 years, will continue this year too. 'We expect around four to five lakh people this year, which is 10 to 15% more than the 3.5 lakh who attended last year,' Amarnath Goud told TOI. He added that the state govt is providing full support to ensure the event runs smoothly. 'The fisheries department has also been asked to provide adequate mullet fingerlings,' he added. On Wednesday evening, transport minister Ponnam Prabhakar convened a review meeting at the Secretariat on the arrangements to be made for the programme in presence of senior officials. The fisheries department officials are arranging 1.5 lakh murrel fishes for the fish prasadam distribution this year. The prasadam is distributed every year to people suffering from asthma, bronchitis and other respiratory ailments. It comprises a herbal paste which is placed in the mouth of the fish and then consumed by the recipients. 'If taken for four to five years, depending on the severity of the disease, patients can be completely cured,' said Goud. According to the Goud family, this practice was taught to their ancestor Bathini Harinath Goud by a sage around 190 years ago.
Economic Times
27-05-2025
- Business
- Economic Times
Bitter-sweet ride: 10 sugar stocks outperform Nifty with up to 77% returns, but 18 sink as much as 36%
While the sugar sector has trailed the broader market over the past year, ten stocks have still managed to outperform the Nifty's 9% return, posting impressive double-digit gains of up to 77%. Expectations of lower sugar production supporting prices, along with the government's emphasis on ethanol blending, present compelling reasons for investor interest but the data indicates that not all stocks in the sector justify your investment. ADVERTISEMENT An analysis of 31 sugar stocks analysed by ETMarkets show only 13 stocks have managed to remain positive in the past 12 months leaving a bitter-sweet experience for the investors. The average returns of these 31 stocks stand at negative 3%, approximately. We have considered stocks which have a share price of Rs 20 or above and barring Kesar Enterprises (m-cap of Rs 73 crore), all others have a market capitalisation of over Rs 100 crore. Bannari Amman Sugars tops the chart with 77% returns and is followed by EID Parry (India) and Prudential Sugar Corporation which have delivered returns 54% and 49% returns, respectively over a 1-year period. Balrampur Chini Mills, Indian Sucrose, Triveni Engineering & Industries, Dalmia Bharat Sugar And Industries, Ravalgaon Sugar Farm, Magadh Sugar & Energy and KCP Sugar And Industries Corporation have returned between 47% and 10%. Meanwhile Uttam Sugar Mills, Mawana Sugars and Avadh Sugar & Energy have yielded single-digit returns up to 5%. ADVERTISEMENT There are 18 laggards in the pack with the sharpest fall seen in Dhampur Bio Organics, The Ugar Sugar Works and Kesar Enterprises which have fallen by 36%, 36% and 34%. The others including Dhampur Sugar Mills, Godavari Biorefineries, Dwarikesh Sugar Industries, Bajaj Hindusthan Sugar, Sakthi Sugars, Ponni Sugars (Erode), Piccadilly Sugar & Allied Industries, Shree Renuka Sugars, Rajshree Sugars & Chemicals, K.M. Sugar Mills, DCM Shriram Industries, SBEC Sugar, Dhampure Speciality Sugars, Zuari Industries and Sir Shadi Lal Enterprises have seen their share price erode by 34% and 1.5%. ADVERTISEMENT Calling the sugar sector as a cyclical sector, Kranthi Bathini, Director-Equity Strategy at WealthMills Securities said that the decision to invest in it should be based on multiple factors. One is a price sensitive sector whose prospects depend upon the production and supply, he said. Also, since it falls in the essential commodities category in India, the government cannot allow prices to keep spiralling irrespective of the demand-supply equation, Bathini said. ADVERTISEMENT Moreover, Indian prices track global prices which are largely dictated by Brazil which is the world's largest sugar producer, he added.A report by JM Financial said that India's sugar production estimate for sowing season 2025 continues to be revised downwards by industry bodies. "The latest net sugar production estimate by National Federation of Cooperative Sugar Factories (NFCSF) stood at 25.9MMT, lower than the previous estimate and sowing season 2024. In 4QFY25, domestic sugar prices have seen a sharp uptick as sugar mills have been raising domestic prices to offset fixed costs," the brokerage had noted, highlighting that sugar prices in key states are up 6-10% QoQ. ADVERTISEMENT According to the brokerage, the sugar segment profitability is likely to be robust in 4QFY25. Not all have declared their Q4FY25 earnings. In the gainers pack, five have declared their quarterly results viz. Uttam Sugar Mills, Avadh Sugar & Energy, Magadh Sugar & Energy, Dalmia Bharat Sugar And Industries and Balrampur Chini Mills. While Dalmia Bharat has reported a bottom line growth of 126% on a YoY basis which is highest in the pack, Balrampur Chini Mills has posted a 12% YoY uptick, lowest among its peers. The topline growth is 5% for Balrampur while 36% for Dalmia. The rest are within this range. The top three gainers i.e. Bannari, EID Parry and Prudential are yet to announce the results. Q4 results of laggards like Dhampur Bio Organics, Ugar Sugar and Dwarikesh Sugar Industries have also come strong. Ugar Sugar's revenue grew 30% YoY while its January-March FY25 quarter PAT surged 194% while Dwarikesh posted a 102% and 21% YoY PAT and sales growth. Meanwhile, Dhampur reported a 14% and 18% YoY uptick in PAT and the underperformers who reported a weak set of numbers is Shree Renuka Sugars (Revenue down 22% and PAT down 184% YoY). Bathini said that sugar stocks are not something which one can buy and forget but requires constant like Dhampur Sugar Mills, Godavari Biorefineries and Ponni Sugars have had a mixed quarter. Bathini said that investors should look for sugar stocks which have consistent revenue streams from multiple sources like ethanol, biofuels and liquor businesses. JM –Given there has been no upward revision in prices for ethanol from B-heavy and juice routes, distillery margin will likely be depressed in 4QFY25. Pranay Aggarwal, Director and CEO of Stoxkart believes that India's sugar sector is set to grow exponentially but in his view finding winners in this space will require some deep analysis. "The government is aggressively pushing toward ethanol blending, sugar mills now have a viable, profitable alternative to raw sugar output. The sector isn't just about producing a commodity anymore—it's about strategy, sustainability, and smart policymaking," he expert Om Ghawalkar remains positive about sugar stocks amid government focus and push on ethanol blending through policy support. 'In the ongoing 2024-25 sugar season, India has produced 257.44 lakh tonnes of sugar. Out of this, 27 lakh tonnes have already been used for ethanol production, and another 6–7 lakh tonnes are expected to be diverted by the end of the season. Domestic availability remains stable, with a strong buffer stock of 52–53 lakh tonnes. Sugar exports are capped at 8 lakh tonnes to ensure local needs are met,' he on the Technically many sugar stocks are finding support near their 21-day moving average, indicating potential stability or a bounce in prices ahead, he said, recommending investors to follow a strict risk management plan while taking fresh positions. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
27-05-2025
- Business
- Time of India
Bitter-sweet ride: 10 sugar stocks outperform Nifty with up to 77% returns, but 18 sink as much as 36%
Top gainers Live Events Biggest Laggards Triggers for sugar sector What should investors do? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel While the sugar sector has trailed the broader market over the past year, ten stocks have still managed to outperform the Nifty 's 9% return, posting impressive double-digit gains of up to 77%. Expectations of lower sugar production supporting prices, along with the government's emphasis on ethanol blending, present compelling reasons for investor interest but the data indicates that not all stocks in the sector justify your analysis of 31 sugar stocks analysed by ETMarkets show only 13 stocks have managed to remain positive in the past 12 months leaving a bitter-sweet experience for the investors. The average returns of these 31 stocks stand at negative 3%, have considered stocks which have a share price of Rs 20 or above and barring Kesar Enterprises (m-cap of Rs 73 crore), all others have a market capitalisation of over Rs 100 crore. Bannari Amman Sugars tops the chart with 77% returns and is followed by EID Parry (India) and Prudential Sugar Corporation which have delivered returns 54% and 49% returns, respectively over a 1-year Chini Mills, Indian Sucrose, Triveni Engineering & Industries, Dalmia Bharat Sugar And Industries, Ravalgaon Sugar Farm , Magadh Sugar & Energy and KCP Sugar And Industries Corporation have returned between 47% and 10%. Meanwhile Uttam Sugar Mills, Mawana Sugars and Avadh Sugar & Energy have yielded single-digit returns up to 5%.There are 18 laggards in the pack with the sharpest fall seen in Dhampur Bio Organics , The Ugar Sugar Works and Kesar Enterprises which have fallen by 36%, 36% and 34%.The others including Dhampur Sugar Mills, Godavari Biorefineries, Dwarikesh Sugar Industries, Bajaj Hindusthan Sugar, Sakthi Sugars, Ponni Sugars (Erode), Piccadilly Sugar & Allied Industries, Shree Renuka Sugars, Rajshree Sugars & Chemicals, K.M. Sugar Mills, DCM Shriram Industries, SBEC Sugar, Dhampure Speciality Sugars, Zuari Industries and Sir Shadi Lal Enterprises have seen their share price erode by 34% and 1.5%.Calling the sugar sector as a cyclical sector, Kranthi Bathini, Director-Equity Strategy at WealthMills Securities said that the decision to invest in it should be based on multiple factors. One is a price sensitive sector whose prospects depend upon the production and supply, he said. Also, since it falls in the essential commodities category in India, the government cannot allow prices to keep spiralling irrespective of the demand-supply equation, Bathini Indian prices track global prices which are largely dictated by Brazil which is the world's largest sugar producer, he added.A report by JM Financial said that India's sugar production estimate for sowing season 2025 continues to be revised downwards by industry bodies. "The latest net sugar production estimate by National Federation of Cooperative Sugar Factories (NFCSF) stood at 25.9MMT, lower than the previous estimate and sowing season 2024. In 4QFY25, domestic sugar prices have seen a sharp uptick as sugar mills have been raising domestic prices to offset fixed costs," the brokerage had noted, highlighting that sugar prices in key states are up 6-10% to the brokerage, the sugar segment profitability is likely to be robust in all have declared their Q4FY25 earnings. In the gainers pack, five have declared their quarterly results viz. Uttam Sugar Mills, Avadh Sugar & Energy, Magadh Sugar & Energy, Dalmia Bharat Sugar And Industries and Balrampur Chini Dalmia Bharat has reported a bottom line growth of 126% on a YoY basis which is highest in the pack, Balrampur Chini Mills has posted a 12% YoY uptick, lowest among its peers. The topline growth is 5% for Balrampur while 36% for Dalmia. The rest are within this top three gainers i.e. Bannari, EID Parry and Prudential are yet to announce the results.Q4 results of laggards like Dhampur Bio Organics, Ugar Sugar and Dwarikesh Sugar Industries have also come strong. Ugar Sugar's revenue grew 30% YoY while its January-March FY25 quarter PAT surged 194% while Dwarikesh posted a 102% and 21% YoY PAT and sales growth. Meanwhile, Dhampur reported a 14% and 18% YoY uptick in PAT and the underperformers who reported a weak set of numbers is Shree Renuka Sugars (Revenue down 22% and PAT down 184% YoY).Bathini said that sugar stocks are not something which one can buy and forget but requires constant like Dhampur Sugar Mills, Godavari Biorefineries and Ponni Sugars have had a mixed said that investors should look for sugar stocks which have consistent revenue streams from multiple sources like ethanol, biofuels and liquor –Given there has been no upward revision in prices for ethanol from B-heavy and juice routes, distillery margin will likely be depressed in Aggarwal, Director and CEO of Stoxkart believes that India's sugar sector is set to grow exponentially but in his view finding winners in this space will require some deep analysis. "The government is aggressively pushing toward ethanol blending, sugar mills now have a viable, profitable alternative to raw sugar output. The sector isn't just about producing a commodity anymore—it's about strategy, sustainability, and smart policymaking," he expert Om Ghawalkar remains positive about sugar stocks amid government focus and push on ethanol blending through policy support.'In the ongoing 2024-25 sugar season, India has produced 257.44 lakh tonnes of sugar. Out of this, 27 lakh tonnes have already been used for ethanol production, and another 6–7 lakh tonnes are expected to be diverted by the end of the season. Domestic availability remains stable, with a strong buffer stock of 52–53 lakh tonnes. Sugar exports are capped at 8 lakh tonnes to ensure local needs are met,' he on the Technically many sugar stocks are finding support near their 21-day moving average, indicating potential stability or a bounce in prices ahead, he said, recommending investors to follow a strict risk management plan while taking fresh positions.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
