Support and Resistance Levels
Past performance
About Sun Retail Ltd Sun Retail Limited, originally established as ShivJosh Foods Private Limited in 2007, specializes in the trading of refined and filtered edible oils, including cottonseed, groundnut, and sunflower oil. It also engages in bulk trading of palmolein and soybean oils. The company's products are marketed under the brand names 'Dharti' and 'Dharti Singtel,' primarily serving cities in Gujarat. Recognizing India's increasing edible oil demand, largely supported by imports, Sun Retail is strategically positioned in this sector.
The company has strategic initiatives, including acquiring land and a unit in Rajasthan's Sirohi district for expansion and integrating business from TJR Agrocom Private Limited to establish a groundnut seed crushing plant. This move aims to enhance its production capabilities for captive consumption. Sun Retail Limited transitioned to a public limited company in 2017 and raised Rs 10.11 crore through a public issue of 4,398,000 equity shares in October 2018, supporting its growth and operational expansion.