A note before you read this: This reflects my personal experience and the stock’s fundamentals as of May 2021 — genuinely old given how quickly markets move. It isn’t current investment advice. Check today’s price, financials, and recent news before making any decision, and consider speaking with a SEBI-registered financial advisor for personalized guidance.
Hello people, This week I am going to talk about Rana Sugars Ltd share. Which surprisingly became a super performing share in my portfolio. Performing more than 70% from the rate of buy at 45 days duration. There will be only a few stocks that perform at this rate and Rana Sugars Ltd became one.
There are few shares that you buy just like that seeing their fundamentals. Rana Sugar Ltd share was something which I bought just like that.
My initial decision was to see the performance of the share and later invest more in it. You all know I am not an intraday trader, where I buy shares in the morning and sell in the evening. That is done by someone who makes a living out of the share market.
I establish myself as a cool and long-term trader where I park my cash in the stock market and see it growing, rather than sitting simply in saving’s bank account.
So Rana Sugars Ltd was found from my penny stock hunting. I choose this share because it falls under our basic necessity category ( Food, clothes, shelter, water ). And also falls under the category of raw material for making hot beverages ( whiskey, beer, brandy ). So the industry has potential.
Rana Sugars was found in 1991, and they in the production of crystal sugars, power generation, and distilleries concentrating on the Punjab and Uttar Pradesh region.
Now getting back to the fundamentals of the company, we should do the regular drill of analyzing the profit, sales, debit, shareholding pattern, and company potential.
Now Money control has a SWOT analysis tab where you can check the strength and weakness of the company. It is little helpful to decide on the companies.
At the time, the company had a mix of profit and loss years, but their recent profit position was improving.
On dividends: they had paid dividends historically, but not recently at the time of writing.
The shareholding pattern at the time suggested public investors had a lot of trust in the company.
I also checked whether promoters had pledged their shares at the time — that turned out to be a no.
After going through this information, I invested a small amount of money to buy shares @ Rs 9.6 on April 4th, 2021 — my own decision at the time, based on the fundamentals as they stood then. I never followed up publicly on how this specific position ultimately performed, so please don’t treat this as evidence of an outcome — check the stock’s actual multi-year performance yourself if you’re curious.
