Shree Renuka Sugars Stock

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  Shares Of Shree Renuka Sugar Touch 52-Week High Of Rs 49.50

  The company's shares jumped 17 per cent to hit fresh 52-week high today, even as it has jumped more than 35 per cent in just two sessions

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  Shree Renuka Sugars Surges 6% On Turning Profitable In Q2

  Mumbai-based Shree Renuka Sugars reported net profit of Rs 2.5 crore on sales of Rs 2,046.1 crore in September quarter.

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  Sugar Shares Back In Rally Mode, Surge Up To 15%

  Shares of sugar companies such as Dalmia Bharat Sugar, Dwarikesh Sugar, Dhampur Sugar Mills, Shree Renuka Sugars, Sakthi Sugars, Ponni Sugars Erode and Bajaj Hindusthan rallied 9-15 per cent each in an otherwise flat market.

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  Sugar Stocks Slump On Imposition Of Export Duty

  The duty will help restrict sugar exports, which had gained pace, following a sharp rise in global prices. With imposition of export duty, sugar exports will be unviable and is likely to restrict exports, government officials said.

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  Buy Shree Renuka Sugars, Adani Ports; Hold SBI, Havells: Swati Hotkar

  The Nifty is staging a correction following a good 500-point rally, which is a positive sign for stock markets, says Swati A Hotkar, technical research analyst with Nirmal Bang Securities. The Nifty has good support around 8,000 levels, so investors could buy on dips for target of 8,200-8,240, she added.

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  Sugar Stocks Extend Rally to 4th Straight Session

  Consecutive years of surplus sugar production led to increased supply in the market and lower realisation for sugar companies, leading to pressure on stock prices.

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  Shree Renuka Leads Rally in Sugar Stocks for Second Day

  Shree Renuka Sugars was up the most after Dalmia Bharat on the NSE.

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  Shree Renuka Sugars Plunges 5%, Brazilian Arm Files for Bankruptcy

  Shree Renuka Sugars holds 100 per cent stake in Renuka Vale Do Ivai and 59.4 per cent stake in Renuka do Brasil.

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  Nifty Hovers Around 8,300, Energy Stocks Weigh

  At its day low, the Sensex fell over 290 points or 1.04 per cent to 27,539, while the 50-share Nifty slipped below the crucial 8,300 mark. As of 1.17 p.m., the Sensex traded 181 points lower at 27,650 and the 50-share Nifty was down 0.6 per cent at 8,308.

• Sugar Stocks Surge on Higher Prices for Ethanol Procurement

  The price fixed by the government is much higher than the price of Rs 29 per litre, which oil companies presently pay to buy sugarcane extracts.

• Sugar Stocks Extend Gains for Second Day

  Sugar stocks had gained yesterday up to 10 per cent after the government said that loans will be provided to cash-starved sugar mills to make payments to cane farmers, while the import duty on sugar will be hiked to 40 per cent from the current 15 per cent.

• Sugar Refiners' Shares Rise on Expected Government Measures

  Food, agriculture, road and petroleum ministers are expected to meet soon to discuss ethanol blending in petrol and imports of E85 engines that run on higher amount of ethanol blend, they add.

• Sugar stocks jump on report of import duty hike

  Shree Renuka Sugars rose 4 per cent to Rs 17.25, while Bajaj Hindusthan traded 3.3 per cent higher at Rs 15.65 as of 09.31 a.m. Balrampur Chini Mills traded 2.5 per cent higher at Rs 41.50.

• Sugar stocks surge 20% on partial decontrol

  Sugar stocks rose as much as 20 per cent after the Cabinet approved partial decontrol of the sugar sector. Smaller sugar firms such as KM Sugar and Oudh Sugar Mills soared 20 per cent in early trade.

• Nifty above 5,900; DLF surges on management's bullish commentary

  The stock markets edged up steadily hovering near the day's high in afternoon trade with the Nifty crossing the 5,900 levels, buoyed by gains in Asian peers. Japanese shares surged 2.1 per cent and were on the brink of revisiting four-year highs tapped recently.