Shree Renuka Sugars

Triveni, Renuka: Sugar stocks rebound, may further see up to 17% rise

Balrampur Chini Mills, Dwarikesh Sugar Industries, Ugar Sugar Works, Rana Sugars, Dhampur Sugar Mills and Shree Renuka Sugar overcome their significant peaks, with volumes exceeding daily 3-month high

Sugar stocks sweeten in weak market on hopes of higher export limit

Rajshree Sugars, Ugar Sugar Works, Simbhaoli Sugars, Sakthi Sugars and Bajaj Hindustan have zoomed in the range of 10 per cent to 19 per cent in intra-day trades so far.

Export quota hike may trigger up to 33% rally in these 3 sugar stocks

Among individual stocks, Shree Renuka Sugars, Ugar Sugar and EID Parry have zoomed up to 169 per cent so far in 2022. Charts indicate further upside for these select stocks.

Sugar shares trade higher in a weak market; Shree Renuka hits 11-year high

ICRA expects operating margins for sugar firms to remain in the range of 13.0 - 13.5 per cen in FY23 (in line with FY22 levels) supported by elevated sugar realizations as well as ethanol realizations

Shree Renuka Sugars surges 24% in three days; trades nears 52-week high

Rating agency Ind-Ra has reaffirmed its rating on the long‐term bank facilities availed by Shree Renuka Sugars and non‐convertible debentures (NCD) issued by the company

Shree Renuka Sugars to nearly double ethanol capacity; to invest Rs 700 cr

The 20% ethanol blending target has seen sugar sector majors betting on expanding the ethanol capacity; the sector could see an investment of about Rs 10,000 crore in the years ahead

Sugar shares under pressure, decline up to 7%; Balrampur Chini at 2022 low

Shree Renuka, Dwarikesh, Triveni Engineering, Uttam Sugar, Dhampur Sugar and Dalmia Bharat Sugar are down in the range of 2 per cent to 7 per cent on the BSE.

Sugar stocks in focus: Short-term reversal or have they bottomed out?

After the massive slaughtering post April 2022, sugar stocks consolidated in June and are now witnessing a pullback rally.

Sugar stocks in demand; Balrampur, Dalmia Bharat, Triveni gain up to 10%

ICICI Securities believe domestic as well as global sugar prices would remain firm at least for next one year

Sugar stocks rally up to 8% post strong Q2 results by Dwarikesh Sugar

Balarmpur Chini, Triveni Engineering, Shree Renuka, Dhampur Sugar, Dalmia Sugar and Avadh Sugar gained in the range of 4 per cent to 8 per cent in Tuesday's intraday trade

These 5 sugar stocks can jump up to 25% in coming sessions; time to buy?

Any further development regards to the increase in sugar price can push the stocks higher in a short span of time

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