Shree Renuka Sugars Ltd (RENUKA)
₹54.35▲1.3%
Overview of Shree Renuka Sugars Ltd
Key events for Shree Renuka Sugars Ltd
Shree Renuka Sugars to Acquire Anamika Sugar Mills - 23 Sep, 2023
Shree Renuka Sugars Ltd has approved the acquisition of 100% equity shares of Anamika Sugar Mills for up to INR 110 crores. The move will help establish a presence in Uttar Pradesh and cater to North and East India markets.
Shree Renuka Sugars to Consider Investment in Uttar Pradesh Sugar Manufacturing Company - 21 Sep, 2023
The board of Shree Renuka Sugars Ltd will meet on September 23 to consider and approve entering into a binding agreement for investment in a sugar manufacturing company located in Uttar Pradesh, India.
Shree Renuka Shares Rise on Sugar Price Surge - 20 Sep, 2023
Shree Renuka Sugars Ltd's shares rose as sugar stocks are predicted to increase due to an 11-year high in global prices.
Shree Renuka Sugars Ltd Up 4% in Thursday Trade - 14 Sep, 2023
Shree Renuka Sugars Ltd saw a 4% increase in Thursday trade, delivering a 22% return for the one-month period.
Higher Domestic Sugar Prices Could Benefit Shree Renuka Sugars - 13 Sep, 2023
Leading sugar producers such as Shree Renuka Sugars could see improved profit margins due to higher domestic sugar prices, potentially enabling them to make timely payments to farmers.
Shree Renuka Sugars Faces Selling Pressure Amid Sugar Industry Slump - 12 Sep, 2023
Shree Renuka Sugars Ltd faces selling pressure as shares of sugar manufacturers slump 3-7% amid reports of an Indian request for transaction information. However, analysts anticipate a 20-30% upmove in the near future.
Shree Renuka Sugars Stock Gains on Ethanol Production Expansion and Positive Market Sentiment - 11 Sep, 2023
Shree Renuka Sugars Ltd's stock gained over 7% due to positive market sentiment and expansion of its ethanol production capacity. Analysts anticipate further gains.
Shree Renuka Sugars Surges Amid Rising Sugar Prices - 06 Sep, 2023
Shree Renuka Sugars saw a significant surge in stock price due to rising sugar prices, benefitting from high trading volumes.
Sugar Prices Boost Shree Renuka Sugars Stock - 05 Sep, 2023
Shree Renuka Sugars Ltd's stock price jumped by 10.83% to trade at Rs 52.20 due to higher sugar prices that are expected to improve the company's margins.
Sugar Stocks Surge, Shree Renuka Sugars Up 10.83% - 04 Sep, 2023
Shree Renuka Sugars Ltd and other sugar stocks surge in the green zone with gains of up to 10.83% due to positive market sentiment.
Poor rainfall may lead to sugar shipment restrictions - 29 Aug, 2023
Poor rainfall in key sugar growing areas could result in restrictions on shipments of the sweetener for Shree Renuka Sugars Ltd.
Food-Trading Stocks May Benefit from Higher Prices - 20 Aug, 2023
Shree Renuka Sugars Ltd. is among the food-trading stocks that may benefit from higher prices, along with GrainCorp Ltd., Wilmar International Ltd., and KRBL Ltd.
Shree Renuka Sugars Receives Credit Rating Upgrade - 18 Aug, 2023
Shree Renuka Sugars Ltd's credit rating has been upgraded by India Ratings and Research, while an article estimates its fair value at Rs. 48.47 using a DCF model.
Shree Renuka Sugars Demonstrates Positive Market Momentum - 04 Aug, 2023
Shree Renuka Sugars Ltd's stock demonstrated positive market momentum as it surpassed its 100-day SMA and had an RSI above 50.
Shree Renuka Sugars Optimistic About Increasing Share in Ethanol Blended Petrol - 27 Jul, 2023
Atul Chaturvedi, executive chairman of Shree Renuka Sugars, expressed optimism about the sugar industry's ability to increase its share if the government mandates meeting the 20% ethanol blended petrol target by 2025. He also suggested raising sugar mills' share of ethanol to 8 billion litres.
Shree Renuka Sugars Ltd Closes Above 100 SMA - 24 Jul, 2023
On July 21, Shree Renuka Sugars Ltd surpassed its 100 SMA at Rs. 44.47 and closed at Rs. 46.7.
Shree Renuka Sugars Ltd's P/S Ratio Not Reflecting Revenue Growth - 22 Jul, 2023
Despite strong revenue growth, Shree Renuka Sugars Ltd's P/S ratio of 1.1x is not reflecting its potential due to anticipated revenue instability.
Shree Renuka Sugars Shows Positive Momentum - 21 Jul, 2023
Shree Renuka Sugars stock is up by 2.89% and showing positive momentum above the 50-day moving average, suggesting potential changes in short-term trends.
Shree Renuka Sugar stock rises 3% on BSE - 22 Jun, 2023
Shares of Shree Renuka Sugar rose by 3% on the BSE due to rising demand and deteriorating weather outlook. Other sugar stocks also saw gains.
Shree Renuka Sugars Ltd Performance
- ₹52.7₹54.6₹54.35
3.04%
Downside
Day's Volatility:3.50%
Upside
0.46%
- ₹39.4₹68.75₹54.35
27.51%
Downside
52 Weeks Volatility:54.00%
Upside
26.49%
| Returns % | |
| 1 Month Return | 21.18 % |
| 3 Month Return | 23.52 % |
| 1 Year Return | -5.56 % |
| Market Stats | |
| Previous Close | ₹53.65 |
| Open | ₹54.00 |
| Volume | 1.38Cr |
| Market Cap | ₹11,419.35Cr |
Shree Renuka Sugars Ltd Company Information
The company's top products include sugar, ethanol, and power, produced from its sugarcane mills and distilleries. The company also produces bio-fertilizers and cattle feed. Its popular brands include Renuka, Shree, and Sunita. The company has a strong presence in the Indian market and exports its products to more than 70 countries.
Share Price: ₹54.35 per share as on 22 Sep, 2023 04:01 PM
Market Capitalisation: ₹11,419.35Cr as of today
Revenue: ₹2,370.00Cr as on March 2023 (Q1 23)
Net Profit: ₹42.80Cr as on March 2023 (Q1 23)
Listing date: 31 Oct, 2005
Chairperson Name: Atul Chaturvedi
| Organisation | Shree Renuka Sugars Ltd |
| Headquarters | Mumbai |
| Industry | Sugar |
| E-voting on shares | Click here to vote |
Fundamentals of Shree Renuka Sugars Ltd
Insights on Shree Renuka Sugars Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, RENUKA has outperformed top 5 stocks with highest market-cap in Food Processing
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 23.07% to 24.48% in Jun 2023 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, -140.8 Cr → 42.8 Cr (in ₹), with an average increase of 575.6% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, RENUKA stock has moved up by 494.0%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 62.48% of holdings in Jun 2023 quarter
- NO EFFECT
Against Peers
In the last 1 year, Nestle India Ltd has given 21.8% return, outperforming this stock by 27.4%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 2.96% to 2.93% in Jun 2023 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.56K Cr → 2.37K Cr (in ₹), with an average decrease of 7.5% per quarter
Shree Renuka Sugars Ltd Valuation
Shree Renuka Sugars Ltd in the last 5 years
Lowest (-1003.33x)
September 22, 2022
Today (-52.26x)
September 22, 2023
Industry (34.35x)
September 22, 2023
Highest (1.04x)
January 1, 2020
Mutual Fund Holdings
| Funds | Holdings |
 Nippon India Nifty Smallcap 250 Index Fund Dir Gr | 0.31% |
 Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth | 0.31% |
 Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth | 1.17% |
 SBI Nifty Smallcap 250 Index Fund Direct Growth | 0.31% |
 Axis Nifty Smallcap 50 Index Fund Direct Growth | 1.08% |
Shree Renuka Sugars Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 2 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.48% | 0.00 | |
| Foreign Institutions | 2.93% | ||
| Mutual Funds | 0.06% | 5.40 | |
| Retail Investors | 24.48% | 6.10 | |
| Others | 10.04% |
Technicals of Shree Renuka Sugars Ltd
News & Events of Shree Renuka Sugars Ltd
Frequently Asked Questions
Shree Renuka Sugars Ltd (RENUKA) share price today is ₹54.35
- Today’s highest price of Shree Renuka Sugars Ltd is ₹54.6.
- Today’s lowest price of Shree Renuka Sugars Ltd is ₹52.7.
Today’s traded volume of Shree Renuka Sugars Ltd(RENUKA) is 1.38Cr.
Today’s market capitalisation of Shree Renuka Sugars Ltd(RENUKA) is ₹11419.35Cr.
| Shree Renuka Sugars Ltd(RENUKA | Price |
|---|---|
52 Week High | ₹68.75 |
52 Week Low | ₹39.4 |
Shree Renuka Sugars Ltd(RENUKA) share price is ₹54.35. It is down -20.95% from its 52 Week High price of ₹68.75
Shree Renuka Sugars Ltd(RENUKA) share price is ₹54.35. It is up 37.94% from its 52 Week Low price of ₹39.4
| Shree Renuka Sugars Ltd(RENUKA | Returns |
|---|---|
1 Day Returns | 0.7% |
1 Month Returns | 21.18% |
3 Month Returns | 23.52% |
1 Year Returns | -5.56% |