Page 2 - Shree Renuka Sugars

Shree Renuka Sugars becomes the most valuable sugar co; up 326% in 3 months

Shree Renuka Sugars, with an m-cap of Rs 8,791 crore at 01:50 pm, surpassed Balrampur Chini Mills and EID Parry (India)

Sugar stocks hit the sweet spot after govt okays Rs 3,500 cr export subsidy

Export subsidy announcement a positive but high valuation could restrict gains

Most sugar stocks rise in trade; Shree Renuka Sugars gains over 3%

According to Crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the Covid-19 pandemic

Shree Renuka Sugars posts net profit of Rs 2,739.6 crore for Sept quarter

On standalone basis, there was net loss of Rs 36 crore in September quarter this year, compared to Rs 275.10 crore a year ago.

Shree Renuka fires 900 workers at its Brazil mills

Clarifying its decision to the media, it said its two subsidiaries- Renuka do Brasil and Renuka Vale do Ivai- keep optimising their manpower in the normal course of business

Shree Renuka Sugars extends fall ahead of board meet for fund raising

In past one month, the stock zoomed 74% against 4% rise in Sensex till Monday, July 24

Renuka Sugars to sell Brazil plant to pare debt

Brazilian creditors to take 70% haircut, 30% to come from the sale proceed of larger unit of the two

Shree Renuka Sugars gains after reorganization of Brazil arm approved

The stock was up 5.6% at Rs 16.90 on the BSE, as compared to 0.14% decline in the S&P BSE Sensex at 10:41 am.

Renuka Sugars to exit NCDEX

Signs share sale agreement; expected to garner Rs 55 crore