Stock Performance and Market Context
On the day of this landmark, Shri Venkatesh Refineries Ltd’s share price closed at ₹370.00, outperforming the broader Sensex index, which recorded a marginal gain of 0.03%. The stock advanced by 2.78% during the trading session, despite an intraday low of ₹342.50, representing a 4.86% dip from the day’s peak. This resilience underlines the stock’s strong upward momentum.
Over the past week, the stock surged by 13.36%, significantly outpacing the Sensex’s decline of 0.89%. The one-month performance was even more striking, with a gain of 44.53% compared to the Sensex’s modest 2.73% rise. Extending the horizon, Shri Venkatesh Refineries Ltd has delivered a remarkable 52.89% return over the last year, while the Sensex declined by 5.95% during the same period.
Year-to-date, the stock has appreciated by 27.04%, contrasting with the Sensex’s 8.95% fall. Over three years, the company’s shares have multiplied by 417.48%, a performance that dwarfs the Sensex’s 18.35% gain. These figures highlight the stock’s exceptional growth trajectory within the edible oil sector.
Technical Indicators and Trend Analysis
The stock’s technical profile supports its recent highs. Shri Venkatesh Refineries Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a robust bullish trend. The overall technical trend is classified as mildly bullish, a shift that was confirmed on 6 July 2026 when the stock crossed ₹326.40, moving from a sideways pattern.
Key technical indicators present a mixed but generally positive outlook. Weekly MACD and Dow Theory signals are bullish, while monthly MACD and KST indicators show mild bearishness. The Relative Strength Index (RSI) is bearish on a weekly basis but neutral monthly, suggesting some short-term caution amid longer-term strength. Bollinger Bands indicate bullish momentum on both weekly and monthly charts.
Immediate support is established at ₹185.75, the 52-week low, while resistance levels are noted at ₹285.83 (20-day moving average), ₹261.94 (100-day moving average), and ₹268.65 (200-day moving average). The stock’s current price surpasses these resistance points, underscoring the strength behind the recent rally.
Valuation Metrics and Financial Ratios
At the current price of ₹370.00, Shri Venkatesh Refineries Ltd trades at a price-to-earnings (P/E) ratio of 52 times trailing twelve months earnings, reflecting elevated valuation multiples relative to historical levels. The price-to-book value (P/BV) stands at 6.06 times, while enterprise value multiples include EV/EBITDA at 37.22 times and EV/EBIT at 38.63 times, indicating a premium valuation consistent with the stock’s strong price performance.
The enterprise value to sales ratio is 1.87 times, and EV to capital employed is 2.52 times. The PEG ratio, which adjusts the P/E for growth, is 2.14, suggesting that the stock’s price growth is somewhat aligned with earnings growth expectations.
Dividend metrics show a modest yield of 0.28%, with the latest dividend declared at ₹1 per share and an ex-dividend date of 23 September 2025. Dividend payout data is not available, but the low yield is typical for companies reinvesting earnings to support growth.
Quality Assessment and Financial Health
Shri Venkatesh Refineries Ltd is classified as an average quality company based on long-term financial performance. The company’s management risk is rated average, with below-average growth and capital structure metrics. Over the past five years, sales and EBIT have declined by 4.48% and 4.80% respectively, reflecting some challenges in scaling operations.
Financial leverage is relatively high, with an average debt to EBITDA ratio of 5.25 and net debt to equity of 2.32, indicating significant borrowing. Interest coverage is modest at 3.68 times EBIT to interest expense. Despite these factors, the company maintains a good average return on equity (ROE) of 18.32%, though return on capital employed (ROCE) is weaker at 13.33%.
Notably, there is no promoter share pledging, and institutional holdings remain low at 0.05%. The tax ratio stands at 26.07%, consistent with standard corporate tax rates.
Delivery Volumes and Market Activity
Recent delivery volumes have surged, with a 1-month delivery change of 494.52% and a 1-day delivery change of 94.76% compared to the 5-day average. This increase in delivery volumes suggests heightened trading activity and investor participation in the stock around its new highs.
Trailing one-month average volume was 24,440 shares, a substantial rise from the previous month’s average of 4,110 shares, indicating growing liquidity and market interest.
Summary of Market Capitalisation and Ratings
Shri Venkatesh Refineries Ltd is categorised as a micro-cap company within the edible oil sector. The MarketsMOJO Mojo Score currently stands at 51.0, with a Mojo Grade of Hold, upgraded from a previous Sell rating on 6 July 2026. This upgrade reflects improved market sentiment and technical strength following the stock’s recent price appreciation.
The stock is close to its 52-week high of ₹363.90, currently trading approximately 1.68% above that level, underscoring the significance of the all-time high milestone.
Conclusion
The attainment of an all-time high price of ₹370.00 by Shri Venkatesh Refineries Ltd on 13 July 2026 represents a key achievement for the company and its shareholders. Supported by strong relative performance against the Sensex and sector peers, positive technical indicators, and increased market activity, the stock’s rise reflects a sustained upward trajectory. While valuation multiples are elevated and financial leverage remains high, the company’s market performance and upgraded rating highlight its current standing within the edible oil industry.
