Davangere Sugar Company (DAVANGERE) Share Price Falls 9.79% Today
- September 9, 2026
- Posted by: Harsh Piplani
- Category: News
Davangere Sugar Company Share Price fell to Rs 1.75 on 09 September 2026 at 11:53:30 AM IST, down 9.79% for the day. The move took the company’s market capitalisation to Rs 329 crore and placed the micro-cap sugar stock among notable decliners in today’s session.
The supplied data confirms a same-day decline from the previous close of Rs 1.94 to Rs 1.75, with turnover at Rs 0.50 crore. However, the dataset does not identify any company-specific catalyst, so the move should be read as a price-action update rather than a reaction to a verified announcement.
For investors tracking Davangere Sugar Company Share Price, the immediate markers are the day low, the stock’s position versus the 50-day moving average of Rs 2.74 and the 200-day moving average of Rs 3.60, and how its valuation and returns compare with the broader Sugar industry benchmark.
Davangere Sugar Company (DAVANGERE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1.75 |
| Previous Close | Rs 1.94 |
| Today's Move | -Rs 0.19 (-9.79%) |
| Open | Rs 1.93 |
| High | Rs 2.01 |
| Low | Rs 1.75 |
| Turnover | Rs 0.5 crore |
| Market Capitalisation | Rs 329 crore |
| Market Cap Category | Micro Cap |
Davangere Sugar Company Share Price Today reflects a weak intraday structure. The stock opened at Rs 1.93, touched a day high of Rs 2.01, and then declined to Rs 1.75, which also matched the current price at the time of the update. Against the previous close of Rs 1.94, that means a Rs 0.19 fall for the session.
The pattern suggests early strength did not hold and the stock drifted lower through the day before sitting at its session low. With turnover of Rs 0.50 crore, the move stands out in the context of a Rs 329 crore market cap and micro-cap classification.
Technically, the stock is trading below both the 50 DMA of Rs 2.74 and the 200 DMA of Rs 3.60. The RSI of 13.05 points to very weak momentum, which is why the broader reading needs to include fundamentals and sector context rather than price alone.
Davangere Sugar Company (DAVANGERE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 329 crore |
| P/E Ratio | 40.41x |
| P/B Ratio | 0.87x |
| ROE | 3.12% |
| ROCE | 7.13% |
| EPS | Rs 0.05 |
| Book Value Per Share | Rs 2.23 |
| Dividend Yield | 0% |
The company’s valuation snapshot is mixed. It trades at a P/E ratio of 40.41 and a P/B ratio of 0.87. Since book value per share is Rs 2.23, the stock is below book value, but its earnings multiple is still above the Sugar industry median P/E.
Profitability remains modest. ROE stands at 3.12% and ROCE at 7.13%, while EPS is Rs 0.05. Dividend yield is 0, so the supplied data does not show any yield support for the stock at present.
That leaves investors with a split picture: lower book-value valuation on one hand, but relatively soft return ratios and small per-share earnings on the other. In that sense, Davangere Sugar Company Share Price is drawing attention more from today’s move and valuation contrast than from sector-leading profitability.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Agri |
| Industry | Sugar |
| Benchmark Scope | same industry |
| Company P/E Ratio | 40.41x |
| Benchmark Median P/E | 20.19x |
| Benchmark Average P/E | 207.26x |
| Benchmark P/E Range | 4.7x to 5,566.81x |
| Company P/B Ratio | 0.87x |
| Benchmark Median P/B | 1.08x |
| Benchmark Average P/B | 1.41x |
| Company ROE | 3.12% |
| Benchmark Median ROE | 5.82% |
| Benchmark Average ROE | 6.71% |
| Company ROCE | 7.13% |
| Benchmark Median ROCE | 7.45% |
| Benchmark Average ROCE | 9.69% |
| Company Market Capitalisation | Rs 329 crore |
| Benchmark Median Market Cap | Rs 464.93 crore |
| Benchmark Average Market Cap | Rs 1,814.82 crore |
Davangere Sugar Company operates in the Agri sector and Sugar industry. The benchmark in the supplied data covers 38 companies, which helps place the stock’s valuation and profitability in context.
Its P/E of 40.41 is above the industry median of 20.19, though below the average of 207.26. The average appears influenced by large outliers, given the wide P/E range of 4.7 to 5,566.81 across 31 companies with P/E data. On P/B, the company stands at 0.87 versus a median of 1.08 and average of 1.41, putting it below both benchmark references.
Returns are less supportive. ROE at 3.12% is below the industry median of 5.82% and average of 6.71%. ROCE at 7.13% is slightly below the median of 7.45% and below the average of 9.69%. The company’s market cap of Rs 329 crore is also below the industry median of Rs 464.93 crore and well below the average of Rs 1,814.82 crore.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Balrampur Chini Mills | BALRAMCHIN | 15,042.47 | 40.62 | 3.3 | 9.66 | 9.29 |
| E.I.D. – Parry (India) | EIDPARRY | 13,845.84 | 29.21 | 1.5 | 16.56 | 23.6 |
| Triveni Engineering & Industries | TRIVENI | 6,091.94 | 21.37 | 1.8 | 8.33 | 8.92 |
| Bajaj Hindusthan Sugar | BAJAJHIND | 5,443.55 | 46.83 | 7.03 | 23 | 2.86 |
| Shree Renuka Sugars | RENUKA | 5,351.02 | 0 | -1.5 | 0 | -3.84 |
Compared with major listed sugar peers, the company is much smaller by market value. Its Rs 329 crore market cap is well below Balrampur Chini Mills at Rs 15,042.47 crore, E.I.D. – Parry (India) at Rs 13,845.84 crore, Triveni Engineering & Industries at Rs 6,091.94 crore, Bajaj Hindusthan Sugar at Rs 5,443.55 crore and Shree Renuka Sugars at Rs 5,351.02 crore.
On valuation, its P/E of 40.41 is close to Balrampur’s 40.62, above E.I.D. – Parry’s 29.21 and Triveni’s 21.37, but below Bajaj Hindusthan Sugar’s 46.83. Its P/B of 0.87 is lower than Balrampur’s 3.3, E.I.D. – Parry’s 1.5, Triveni’s 1.8 and Bajaj Hindusthan Sugar’s 7.03, though above Shree Renuka Sugars at -1.5.
The return profile is weaker than several peers. ROE of 3.12% trails Balrampur, E.I.D. – Parry, Triveni and Bajaj Hindusthan Sugar. ROCE of 7.13% is below Balrampur, E.I.D. – Parry and Triveni, though above Bajaj Hindusthan Sugar and Shree Renuka Sugars. Overall, the stock screens cheaper on book value than many peers, but not stronger on returns.
Why Investors Are Watching Davangere Sugar Company
- Davangere Sugar Company Share Price fell 9.79% to Rs 1.75 and was trading at the day low.
- The stock opened at Rs 1.93, touched Rs 2.01, and then weakened to Rs 1.75 with Rs 0.50 crore turnover.
- RSI at 13.05 and trading below the 50 DMA of Rs 2.74 and 200 DMA of Rs 3.60 reflect a weak technical position.
- P/B at 0.87 is below the Sugar industry median of 1.08, but ROE of 3.12% and ROCE of 7.13% remain modest.
- The company’s Rs 329 crore market cap is well below several Sugar peers, keeping it in focus in micro-cap analysis.
About Davangere Sugar Company
Davangere Sugar Company is part of the Agri sector and operates within the Sugar industry. Based on the supplied dataset, it is a Micro Cap company with a market capitalisation of Rs 329 crore, placing it below the median size of the same-industry benchmark universe used here.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Davangere Sugar Company Share Price falling today?
Ans. Davangere Sugar Company Share Price fell 9.79% from Rs 1.94 to Rs 1.75 today. The supplied data confirms the decline, but it does not establish a company-specific catalyst behind the move.
What is the current Davangere Sugar Company Share Price today?
Ans. Davangere Sugar Company Share Price was Rs 1.75 at 11:53:30 AM IST on 09 September 2026. The stock was down Rs 0.19 for the session, equal to a 9.79% decline.
How did the stock trade during the session?
Ans. The stock opened at Rs 1.93, touched a day high of Rs 2.01 and then declined to a day low of Rs 1.75. The current price also matched the day low in the supplied update.
What do the valuation ratios show?
Ans. The stock trades at a P/E ratio of 40.41 and a P/B ratio of 0.87. That places it above the Sugar industry median P/E of 20.19, but below the industry median P/B of 1.08.
How profitable is the company compared with the industry?
Ans. ROE is 3.12% and ROCE is 7.13%. Both are below the industry averages of 6.71% and 9.69%, while ROCE is also slightly below the industry median of 7.45%. The stock belongs to the Agri sector.
What do EPS, book value and dividend yield indicate here?
Ans. EPS is Rs 0.05, book value per share is Rs 2.23, and dividend yield is 0. The current price of Rs 1.75 is below the book value shown in the dataset.
How is the company placed versus key sugar peers?
Ans. It is much smaller than peers such as Balrampur Chini Mills, E.I.D. – Parry and Triveni Engineering & Industries. Its P/B of 0.87 is lower than many peers, but its ROE of 3.12% is also weaker than several of them.
What should investors monitor next?
Ans. Investors can watch whether the stock holds above today’s low of Rs 1.75, how it behaves relative to the 50 DMA of Rs 2.74 and 200 DMA of Rs 3.60, and whether profitability metrics improve over time.
