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Standard pivot points - most widely used
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹4.19 | +₹0.28 | +7.08% |
| R3 | ₹4.08 | +₹0.17 | +4.26% |
| R2 | ₹4.02 | +₹0.11 | +2.90% |
| R1 | ₹3.97 | +₹0.06 | +1.45% |
| PIVOT | ₹3.91 | 0.00 | 0.09% |
| CURRENT | ₹3.91 | - | - |
| S1 | ₹3.64 | -₹0.27 | -6.99% |
| S2 | ₹3.75 | -₹0.16 | -4.18% |
| S3 | ₹3.80 | -₹0.11 | -2.73% |
| S4 | ₹3.86 | -₹0.05 | -1.36% |
is trading CPR, indicating
CPR is
Day's range: ~
Trading Inside opening range
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Davangere Sugar Company Limited (DSCL) is a prominent Indian company primarily involved in the production and marketing of sugar and molasses. Its core business revolves around sugar manufacturing, utilizing sugarcane as its primary raw material. The company’s operations are diversified across several segments, ensuring a broader revenue stream and reduced reliance on the sugar market alone.
A significant aspect of DSCL's business is co-generation. This involves the simultaneous generation of electricity alongside sugar production. The byproducts of the sugar manufacturing process are utilized to produce electricity, which can be sold to the power grid or used internally, resulting in cost savings and increased efficiency. This diversification reduces reliance on fluctuating sugar prices and provides a more stable income source.
Beyond sugar and co-generation, DSCL actively participates in the production of ethanol. Ethanol, a biofuel, is gaining increasing importance as a cleaner alternative to fossil fuels. This segment contributes to DSCL's diversification strategy and allows the company to capitalize on the growing demand for renewable energy sources. The inclusion of ethanol production demonstrates an awareness of environmental concerns and a proactive approach to sustainable business practices.
DSCL also operates within the aviation sector, although the specifics of this segment remain relatively unspecified in the provided information. This suggests a further diversification strategy into a potentially high-growth, yet vastly different, market. The nature of this segment needs more detail for a complete understanding of its contribution to the overall business strategy.
Finally, a "Others" segment is mentioned, indicating the presence of additional, unspecified business activities. This suggests a flexible and adaptive business approach, potentially involving ancillary operations that support the core business activities or exploratory ventures into new areas. Without further details, the specific nature and contribution of this segment remain unclear.
No.18. Shivashankar Plaza, Richmond Circle
Bangalore
KARNATAKA
IN
Tel: 918192201789
Website:https://www.davangeresugar.com/
Group: Food, Beverage & Tobacco
Sector: Consumer Staples
Industry: Food Products
Exchange: BSE LTD
Employees: 302
IPO Date: 19/03/2021
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