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Shree Renuka Sugars Ltd Performance

Today's Low
43.10
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Today's High
43.75
52 Wk Low
39.30
arrowIcon
52 Wk High
57.25


Open

43.1

Traded Value (Cr)

7.14 Cr

Prev. Close

42.85

VWAP

43.11

Volume

38,48,137

Face Value

1

Shree Renuka Sugars Ltd Fundamentals

Market Cap
₹ 9,667 Cr
P/E Ratio (TTM)
0.00
P/B Ratio
0.00
Debt to Equity
-4.37
ROE
24.05 %
EPS (TTM)
0.00
Dividend Yield
0.00%
Book Value
-10.71

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Shree Renuka Sugars Ltd Financials

Shree Renuka Sugars Ltd Financials

Shree Renuka Sugars Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 62.48 % 62.48 % 62.48 % 62.48 %
Retail 21.41 % 21.67 % 21.25 % 21.33 %
Others 12.66 % 12.53 % 13.03 % 13.20 %
FII 3.36 % 3.22 % 3.16 % 2.93 %
Mutual Funds 0.09 % 0.10 % 0.08 % 0.06 %

Promoters

62.48%

Retail

21.41%

Others

12.66%

FII

3.36%

Mutual Funds

0.09%

Promoters

62.48%

Retail

21.67%

Others

12.53%

FII

3.22%

Mutual Funds

0.10%

Promoters

62.48%

Retail

21.25%

Others

13.03%

FII

3.16%

Mutual Funds

0.08%

Promoters

62.48%

Retail

21.33%

Others

13.20%

FII

2.93%

Mutual Funds

0.06%

Resistance and Support

₹41.73

PIVOT

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Resistance
First Resistance₹42.367
Second Resistance₹43.133
Third Resistance₹43.767
support-arrow
Support
First Resistance₹40.967
Second Resistance₹40.333
Third Resistance₹39.567
RSI54.717
MACD1.570
ADX26.505
CCI21.920

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day3,848,1371,522,55339.57
Week9,396,4323,655,26656.63
1 Month8,567,0853,691,13944.99
6 Months6,687,7956,687,795100.00

About Shree Renuka Sugars Ltd

Shree Renuka Sugars Limited (SRSL) is an integrated manufacturing company with strategic focus on Sugar and its allied products in Power and Ethanol. The Company was incorporated on 25th October 1995, key manufacturing facility of the Company is in Munoli, Athani & Havalgah, Karnataka and operate three leased facilities at Ajara & Arag in Maharashtra and at Aland in Karnataka. It has largest sugar refining capacity in India of 4000 Tons Per Day (TPD). The Company is principally engaged in manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power. An 11.2 MW cogeneration plant of the company was commissioned in the year 2000 for producing electricity from the Bagasse. SRSL had installed a distillery in the year 2002 with a capacity of 60 KL at our Munoli unit for manufacture and production of Ethanol. During the year 2003, the company added an additional turbine and boiler, increased its co-generation capacity of power from 11.2 MW to 20.5 MW. Also SRSL had installed a sugar refinery in the identical year of 2003 at Munoli unit with a capacity of 250 TPD. The Company incorporated and registered Renuka Commodities DMCC as a subsidiary company during the year 2004 in the Free Trade Zone in Dubai, United Arab Emirates to carry on the business of wholesale trading of sugar in the International market. The Unit II at Ajara in Maharashtra and Unit III at Mohannagar in Maharashtra of the company were taken as lease in the year 2004 and 2005 respectively. Initial Public Offering (IPO) of SRCL was released in the year of 2005. The Company plays a significant role in exports/imports due to its coastal position. In 2006, the company had inked a Memorandum of Understanding (MoU) with Brazilian sugar giant. SRSL is the single largest exporter out of India in 2006 -07. It launched Madhur, a sugar brand for the retail markets, in November, 2007. It completed the acquisition of the Ethanol plant of Dhanuka Petro-Chem a division of Dhanuka Cold Storage Pvt Ltd in August, 2007 at Khopoli, Maharashtra for a total consideration of approximately Rs. 60 Million. It formed a new 100% subsidiary company in the name of Shree Renuka Agri Ventures in July, 2008 and acquired 87% stake in Gokak Sugars for consideration of Rs. 693 million in October, 2008. It formed a subsidiary company viz., SRSL Ethanol Ltd in December, 2008 for setting up of an Integrated Sugar and Ethanol Plant in State of Maharashtra. During the year 2008-09, Company has set up Shree Renuka Global Ventures Limited in the Republic of Mauritius to facilitate its efforts to explore the business at global level. It acquired majority stake in Gokak Sugars Ltd, with its 2,500 TCD sugar manufacturing unit and 14MW co-generation power plant at Kolavi village of Belgaum Dist., in Karnataka. It commissioned a 30MW co-generation power project at Panchganga Co-operative Sugar Mill in Maharashtra. Since the complete co-generation assets had been transferred to the Company, the equity stake held by the Company in Shree Renuka Energy Limited was divested and that Company ceased to be the subsidiary of the Company. Consequently, Renuka Energy Resource Holdings (FZE) Sharjah, a subsidiary of Shree Renuka Energy Limited also ceased to be subsidiary of the Company. It commissioned 2,000 TPD port-based refinery at Haldia in 2008. During the year 2009-10, two wholly owned subsidiaries of the Company viz. Godavari Biofuel Pvt Ltd and Ratnaprabha Sugars Ltd. were amalgamated with the Company (Shree Renuka Sugars Ltd.), which stand transferred to and vested in Company from April 1, 2009 being the Appointed Date. As from December 10, 2010 being the effective date of the Scheme, Godavari Biofuel Private Limited and Ratnaprabha Sugars Limited stands dissolved without winding up. In March 2010, Company acquired 100% stake in Renuka Vale do Ivai S/A (VDI) formerly Vale Do Ivaí S/A Açúcar E Alcool, a Brazilian sugar and ethanol production company located in Parana State of Brazil and VDI became a wholly owned subsidiary of the Company. In July 2010, the Company acquired a controlling stake of 50.34% in Equipav S.A. Açúcar e Alcool (Equipav AA), which was renamed as 'Renuka do Brasil S/A (RdB)'. It started construction of standalone port based refinery at Kandla having capacity of 3,000 TPD; which is expected to start production in second half of 2011. During the year 2013-14, Shree Renuka Tunaport Pvt. Ltd. was incorporated as a Wholly Owned Subsidiary of the Company for the purpose of carrying on the business of infrastructure development in the form of constructing and building ports, jetties, wharfs, docks, harbours, etc. During year 2014-15, Company divested its stake in Nandur Sugars Limited (NSL) (formerly known as SRSL Ethanol Ltd.), for a consideration of Rs 1.5 million and consequent to divestment, NSL ceased to be a subsidiary of the Company. During the year 2015-16, Parana Global Trading (FZE), wholly owned subsidiary of the Company at UAE closed down w.e.f. August 13, 2015, due to non commencement of operations. During year 2019-20, the Company sold its entire 82.9% stake in Shree Renuka Global Ventures Ltd. (SRGVL), a Mauritius based subsidiary of the Company, on 25th September 2019. As a consequence of this sale, SRGVL and all Brazilian subsidiaries and its subsidiary in Sri Lanka, M/s. Lanka Sugar Refinery Co (Pvt) Ltd, ceased to be subsidiaries of the Company and are classified as associates with effect 25th September 2019. The Board of Directors, at its meeting held on 24th May 2022, approved the merger of Monica Trading Private Limited, Shree Renuka Agri Ventures Limited and Shree Renuka Tunaport Private Limited, wholly owned subsidiaries of the Company, with the Company, which submitted the Scheme of Merger to the Stock Exchanges on 1st August, 2022. In February 2023, the Company commenced commissioning activities of its expanded ethanol production capacity at Athani (from 300 KLPD to 450 KLPD) and at Munoli (from 120 KLPD to 500 KLPD). During 2022-23, it expanded ethanol production capacity from 720 KLPD to 1250 KLPD.

Managing Director

Founded

1995

NSE Symbol

RENUKA

Shree Renuka Sugars Ltd Management

NameDesignation
Jean-Luc BohbotNon-Exec & Non-Independent Dir
Atul ChaturvediExecutive Chairman
Dorab Erach MistryNon-Exec. & Independent Dir.
Bharat Kumar MehtaNon-Exec. & Independent Dir.
Madhu RaoNon-Exec. & Independent Dir.
Deepak ManerikarCompany Sec. & Compli. Officer
Priyanka MallickNon-Exec. & Independent Dir.
Kuok Khoon HongNon-Exec & Non-Independent Dir
Vijendra SinghExecutive Direct. & Deputy CEO
Charles Chaeu Leong LooDirector
RAVI GUPTAExecutive Director
TINNIYAM KALYANSUNDARAM KANNANAlternate Director
Arun Chandra VermaIndependent Director
S SridharanIndependent Director
Siraj HussainIndependent Director

Shree Renuka Sugars Ltd News

Board of Shree Renuka Sugars approves QIP issue of up to Rs 2500 cr
At meeting held on 09 February 2024
Shree Renuka Sugars reports consolidated net loss of Rs 172.30 crore in the December 2023 quarter
Sales rise 18.12% to Rs 3014.00 crore
Shree Renuka Sugars to hold board meeting
On 9 February 2024
Shree Renuka Sugars reports consolidated net loss of Rs 204.90 crore in the September 2023 quarter
Sales rise 16.78% to Rs 2554.70 crore
Shree Renuka Sugars to hold board meeting
On 8 November 2023
Shree Renuka Sugars rallies on inking pact to buy 100% stake in Anamika
Shree Renuka Sugars jumped 4.38% to Rs 56.67 after the company entered into binding agreement to acquire 100% stake in Anamika Sugars Mills (Anamika) for total consideration of Rs 235.5 crore.
Shree Renuka Sugars to conduct board meeting
On 23 September 2023
Shree Renuka Sugars AGM scheduled
On 25 September 2023
India Ratings upgrades ratings of Shree Renuka Sugars; maintains 'stable' outlook
Shree Renuka Sugars said that India Ratings and Research has upgraded the company's long-term issuer rating to 'IND A' from 'IND A-' with 'stable' outlook.
Shree Renuka Sugars receives upgrade in credit ratings
From India Ratings and Research

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Shree Renuka Sugars Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Shree Renuka Sugars Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Shree Renuka Sugars Ltd's share price is ₹43.35 as of April 18, 2024

Shree Renuka Sugars Ltd's P/E ratio is 0.00 times as of April 18, 2024.

Shree Renuka Sugars Ltd's most recent financial reports indicate a price-to-book ratio of 0.00, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Shree Renuka Sugars Ltd's market is 9,668 Cr as on April 18, 2024.

The current financial records of Shree Renuka Sugars Ltd show a 24.05% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Shree Renuka Sugars Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Shree Renuka Sugars Ltd's 52-week high and low as of April 18, 2024 are ₹43.75 and ₹43.1 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Shree Renuka Sugars Ltd stands at 62.48%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 3.22% to 3.36%.