RENUKA.NS : Summary for SHREE RENUKA SUGAR INR1 - Yahoo Finance

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Shree Renuka Sugars Limited (RENUKA.NS)


NSE - NSE Delayed Price. Currency in INR
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14.00-0.10 (-0.71%)
As of 12:05 AM EST. Market open.
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1d
Previous Close14.10
Open14.25
Bid14.00 x
Ask14.05 x
Day's Range13.95 - 14.25
52 Week Range9.85 - 19.15
Volume203,615
Avg. Volume2,542,877
Market Cap13.04B
BetaN/A
PE Ratio (TTM)-0.72
EPS (TTM)N/A
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters3 years ago

    Wilmar expands sugar reach with India's Shree Renuka deal

    MUMBAI/NEW YORK, Feb 20 (Reuters) - Singapore's Wilmar International said on Thursday it has agreed to invest up to $145 million for a major stake in India's Shree Renuka Sugars, which will give a sugar upstart a foothold in the biggest consuming nation. The transaction, which will be completed in multiple steps, will see Wilmar - the world's top palm oil processor with business interests in sugar, lauric oils and other commodities - and the founders of the Indian company owning equal stakes in Shree Renuka. While the value of the deal is relatively small compared with multi-billion dollar deals seen across the industry over the past decade, it is Wilmar's third big move to grow in sugar in four years and expands its geographic footprint. Buying a stake in Shree Renuka marks its first foray into the world's top sugar producers, Brazil and India, amid burgeoning demand in emerging economies.

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