Support and Resistance Levels
Past performance
About The Ravalgaon Sugar Farm Ltd Ravalgaon Sugar Farm Ltd, a part of the Walchand group, operates in the sugar and confectionery sectors with a manufacturing facility in Ravalgaon, near Nashik. The company expanded its cane crushing capacity from 1200 to 2000 tonnes per day, allowing it to qualify for an 8-year incentive of 100% free sale quota. In the 1995-96 period, the company processed 3.92 lakh MT of sugarcane, yielding 4.17 lakh bags of sugar with a recovery rate of 10.61%, alongside 4870 bags of candy sugar and 6212 MT of confectionery.
The company completed the modernization of its confectionery unit in 1995-96. However, the sugar industry's dependency on favorable weather conditions, such as adequate rainfall, posed challenges, affecting sugarcane availability and creating unfavorable pricing conditions. Additionally, the confectionery segment faced challenges from increased competition and rising costs. Overall, the company's performance is heavily influenced by seasonal factors and industry regulations.