DAVANGERE.NS Davangere Sugar NSE ₹4.60 top pre-market Jan 2026: volume watch
The DAVANGERE.NS stock is among the top pre-market movers on 30 Jan 2026, trading at ₹4.60 as investors watch unusually high activity. Volume so far is 56,955,177 versus an average of 21,810,448, making liquidity a driver of early trades. The company, Davangere Sugar Company Limited (NSE), supplies sugar, molasses, ethanol and sells power from co-generation units, which keeps the stock tied to seasonal agricultural flows and ethanol policy updates.
Price snapshot and market interest in DAVANGERE.NS stock
Current quote: ₹4.60, open ₹4.79, day low ₹4.54, day high ₹4.80, previous close ₹4.60. The stock’s year range is ₹3.03–₹6.20 and market capitalisation stands at INR 4,629,096,574.00.
Trading interest is clear: intraday volume 56,955,177 is almost 2.61x the 50-day average volume of 21,810,448, a sign the stock is one of the most active pre-market names on NSE today.
Why DAVANGERE.NS stock is active pre-market
High volume reflects either block trades, positional flows or retail interest tied to sector seasonality. Sugar and ethanol cycles, plus co-generation revenue timing, often move Davangere Sugar’s trading patterns.
The company’s mix of sugar, ethanol and power gives it multiple demand drivers, and today’s activity suggests traders are positioning ahead of seasonal demand or company-level news flow.
DAVANGERE.NS stock fundamentals and valuation
Key fundamentals: EPS ₹0.15, reported PE 30.53, book value per share ₹3.52, PB 1.30, current ratio 2.39, debt to equity 0.40. Revenue per share TTM is ₹1.42 and net income per share TTM is ₹0.09.
Valuation notes: the company shows modest margins (net margin 6.25%) and long inventory cycles (days inventory 542.33). The PE implies premium relative to small-cap peers, while PB near 1.30 suggests some book-value support.
Technical signals, liquidity and trading metrics
Momentum indicators: RSI 64.41 (near neutral-to-bullish), MACD histogram modestly positive, CCI 131.89 (short-term overbought). Bollinger Bands are 4.39/3.87/3.35, showing a recent range expansion.
Liquidity: on NSE, shares outstanding are 1,010,719,776 and average daily volume is 21,810,448, so today’s volume spike improves execution but raises short-term volatility risk.
Meyka AI rates DAVANGERE.NS with a score out of 100
Meyka AI rates DAVANGERE.NS with a score out of 100: 62.94 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
This grade highlights relative resilience but also flags valuation and cash-flow gaps. These grades are not guaranteed and we are not financial advisors.
Risks, catalysts and outlook for DAVANGERE.NS stock
Primary risks: sugar price swings, extended inventory days, weak free cash flow metrics and reliance on seasonal cycles. Interest coverage is modest at 1.97, and net debt to EBITDA is elevated at 3.38.
Potential catalysts: firming ethanol margins, higher power sales from co-generation, favourable regulatory moves on sugar support prices, and quarterly operational updates could re-rate the stock higher.
Final Thoughts
Meyka AI’s forecast model projects near-term stability for DAVANGERE.NS stock with monthly and quarterly projections near ₹4.46–₹4.49 and a one-year model price of ₹4.53. Compared with the current price of ₹4.60, the one-year forecast implies a slight downside of roughly -1.52%, showing limited near-term upside under base-case assumptions. Traders should weigh today’s heavy volume (56,955,177) against the company’s modest EPS (₹0.15), higher inventory days (542.33) and mixed cash-flow signals.
For active traders, the stock’s elevated pre-market liquidity can create short-term opportunities. For longer-term investors, the Grade B (HOLD) from Meyka AI reflects balanced risk-reward: attractive book-value support at PB 1.30 but constrained free cash generation. Forecasts are model-based projections and not guarantees. Meyka AI, our AI-powered market analysis platform, flags key triggers to watch: ethanol margins, co-generation volumes, and quarterly operating updates. Internal link: https://meyka.ai/stocks/DAVANGERE.NS
FAQs
What is the current price and volume for DAVANGERE.NS stock?
As of pre-market 30 Jan 2026, DAVANGERE.NS stock trades at ₹4.60 with volume at 56,955,177, well above the average daily volume of 21,810,448.
How does Meyka AI view DAVANGERE.NS stock?
Meyka AI assigns DAVANGERE.NS a score 62.94 (Grade B) with a HOLD suggestion. The score reflects sector, growth, key metrics and consensus; grades are not guaranteed and are informational only.
What are realistic price targets for DAVANGERE.NS stock?
Reasonable near-term targets: conservative ₹4.20, base ₹5.00, bull ₹6.20 (year high). Use stop-losses and check ethanol and sugar cycle updates before committing.
What key risks should investors monitor for DAVANGERE.NS stock?
Key risks include volatile sugar prices, long inventory cycles (days inventory 542.33), limited free cash flow and elevated net debt to EBITDA (3.38). Monitor quarterly results and policy changes.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
