Record-Breaking Price Movement
On 17 July 2026, Shri Venkatesh Refineries Ltd’s share price closed at ₹384.80, surpassing its previous 52-week high of ₹379.80 by approximately 1.32%. The stock opened at ₹375 and maintained this level throughout the trading session, ultimately delivering a day gain of 2.07%, outperforming the Sensex’s 1.26% rise and edging ahead of its edible oil sector peers by 0.81%.
This price surge reflects a sustained upward momentum, with the stock trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling robust technical strength. The overall technical trend is mildly bullish, a shift that was confirmed on 6 July 2026 when the stock crossed ₹326.40, moving out of a sideways phase.
Strong Relative Performance Over Multiple Timeframes
Shri Venkatesh Refineries Ltd has demonstrated exceptional performance relative to the broader market over various periods. The stock’s one-month return stands at an impressive 58.84%, vastly outpacing the Sensex’s modest 1.30% gain. Over three months, the stock appreciated by 50.37%, while the Sensex declined by 0.42%. The one-year performance is particularly striking, with a 68.85% increase compared to the Sensex’s 4.98% fall.
Year-to-date, the stock has gained 32.12%, contrasting with the Sensex’s 8.28% decline. Over a three-year horizon, Shri Venkatesh Refineries Ltd’s stock has surged by 430.76%, dwarfing the Sensex’s 17.38% rise. These figures underscore the company’s remarkable price appreciation and resilience within the edible oil sector.
Valuation Metrics Reflect Elevated Market Expectations
As of the close on 17 July 2026, the stock’s valuation multiples indicate a premium pricing environment. The price-to-earnings (P/E) ratio on a trailing twelve months (TTM) basis stands at 55x, while the price-to-book value (P/BV) is 6.34x. Enterprise value multiples include EV/EBITDA at 38.49x and EV/EBIT at 39.95x, with an EV/sales ratio of 1.94x and EV/capital employed at 2.61x. The PEG ratio is recorded at 2.24x, suggesting that the market is pricing in growth expectations despite the company’s recent growth metrics.
Dividend yield remains modest at 0.27%, with the latest dividend declared at ₹1 per share and an ex-dividend date of 23 September 2025. Dividend payout data is not available, indicating a conservative approach to shareholder returns.
Technical Indicators and Support Levels
The technical landscape presents a mixed but generally positive picture. Weekly indicators such as MACD and Dow Theory are bullish, while monthly signals show mild bearishness in MACD and KST, and a neutral RSI. Bollinger Bands indicate bullish momentum on both weekly and monthly charts.
Key support levels include the 52-week low at ₹185.75, which also serves as immediate support. Resistance levels are identified at ₹310.69 (20-day moving average), ₹265.81 (100-day moving average), and ₹271.41 (200-day moving average), with the 52-week high of ₹379.80 representing a significant resistance point that has now been surpassed.
Delivery Volumes and Market Activity
Recent delivery volumes have surged notably, with a 1-month delivery change of 634.06% and a 1-day delivery change of 97.41% compared to the 5-day average. Despite the absolute volume on 16 July 2026 being low at 5 shares, the average delivery volume over the trailing month was 26,560 shares, a substantial increase from the previous month’s average of 3,620 shares. This rise in delivery volumes indicates heightened trading interest and participation in the stock.
Quality Assessment Highlights
Shri Venkatesh Refineries Ltd is classified as an average quality company based on its long-term financial performance. The company’s valuation parameters have risen significantly compared to historical levels. Management risk is assessed as average, while growth and capital structure are below average.
Key financial ratios reveal challenges in growth and leverage: a 5-year sales growth rate of -4.48% and EBIT growth of -4.80%, an average EBIT to interest coverage ratio of 3.68x indicating moderate interest coverage, and a high average debt to EBITDA ratio of 5.25x. The net debt to equity ratio is elevated at 2.32x, reflecting significant leverage.
Sales to capital employed average 2.81x, with a tax ratio of 26.07%. The company has not paid dividends recently, and promoter share pledging is absent, which is a positive governance indicator. Institutional holdings are minimal at 0.05%. Return on capital employed (ROCE) is weak at 13.33%, while return on equity (ROE) is relatively strong at 18.32%.
Financial Trend and Market Grade Update
There are no significant negative factors reported in the short-term financial trend. The overall mojo score for Shri Venkatesh Refineries Ltd stands at 51.0, with a mojo grade upgraded from Sell to Hold on 6 July 2026 by MarketsMOJO. The company is included in thematic lists under the MarketsMOJO platform, reflecting its evolving market position.
Summary of the Milestone Achievement
The attainment of an all-time high price by Shri Venkatesh Refineries Ltd on 17 July 2026 marks a pivotal moment in the company’s market history. The stock’s strong relative performance across multiple timeframes, combined with technical strength and increased delivery volumes, highlights a sustained positive momentum. While valuation multiples are elevated and quality metrics suggest areas for improvement, the stock’s price appreciation underscores its significant market presence within the edible oil sector.
This milestone reflects the culmination of consistent market gains and technical advances, positioning Shri Venkatesh Refineries Ltd as a noteworthy entity in its industry segment as of mid-2026.
