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| Shree Renuka Sugars Q4 net surges threefold | 20-NOV-09 |
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| India's biggest sugar refiner, Shree Renuka Sugars has reported a standalone net profit of Rs 48.2 crore, an increase of 298 per cent during the quarter ended September 30, 2009 as against the net profit of Rs 12.1 crore posted in the same period a year ago. |
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| Shree Renuka Sugars jumps 4% | 13-NOV-09 |
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| The stock jumped 4.24 per cent to Rs 227.65 to an all-time high, after the company acquired Vale Do Ivai SA (VDI), a Brazil-based sugar and ethanol firm. The acquisition includes two sugar and ethanol production facilities with a combined cane crushing capacity of 3.1 million tonnes per annum. |
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| Shri Renuka Sugars acquires Brazilian VDI | 11-NOV-09 |
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| Shri Renuka Sugars has acquired "Vale Do Ivai S.A Acucar E Alcool (VDI)", a Brazilian sugar and ethanol production company. The acquisition includes two sugar and ethanol production facilities located in the southern state of Parana with a combined cane crushing capacity of 3.1 mn tonnes per annum. In addition, VDI holds strategic stakes in several logistics assets including terminals for staoarge and loading of sugar and ethanol at the port of Paranagua. |
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| Shree Renuka soars 6% on FMC nod | 18-AUG-09 |
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| Shree Renuka Sugars rallied 6.5% to Rs 183. The stock touched an intra-day high of Rs 184. The counter clocked a volume of 2.02 million shares as against its two-week average traded quantity of 1.71 million shares. |
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| Renuka Sugars gets FMC nod to buy 5% stake in NCDEX | 14-AUG-09 |
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| The Forward Markets Commission (FMC) has approved Shree Renuka Sugars' proposal to buy five per cent stake in National Commodity and Derivatives Exchange (NCDEX), FMC Chairman B C Khatua said here. |
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| Renuka Sugars gets FMC nod for stake purchase in NCDEX | 13-AUG-09 |
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| The Forward Markets Commission (FMC) has approved Shree Renuka Sugars’ proposal to buy 5 per cent stake in the National Commodity and Derivatives Exchange (NCDEX), FMC Chairman B C Khatua said on Wednesday. |
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| Shree Renuka Sugars to buy 5% stake in NCDEX | 06-AUG-09 |
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| Decks have been cleared for South-based sugar processor Shree Renuka Sugars to buy 5 per cent stake in NCDEX from Goldman Sachs and ICE with existing shareholders showing no interest in buying the shares on sale. |
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| Karnataka sugar mills to raise crushing capacity | 10-JUL-09 |
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| Despite a 40 per cent drop in sugarcane production during the current sugar season (October 2008-September 2009), sugar mills in Karnataka are continuing to add capacity. As many as 17 sugar mills are in different stages of construction in the state. These will be in addition to 54 existing sugar mills that have a combined capacity of 215,450 tonnes crushed per day (TCD). |
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