The company’s revenue from operation rose by 7.16 per cent to Rs 2,328 crore for the March quarter as compared to Rs 2,172 crore in the year-ago period

Shree Renuka Sugars Q4 results: Net profit declines 72% to Rs 42.8 crore

Its revenue from operations grew 7.16 per cent to Rs 2,328.5 crore compared to Rs 2,172 crore in the same period of the preceding fiscal.

Shree Renuka Sugars Q4 net profit declines 72.61% to Rs 42.8 crore

Business Standard | Stocks to watch today on May 26, 2023: BEML, BHEL, Grasim, M&M, ONGC, Shree Renuka Sugars, Sun Pharma and Wockhardt among prominent companies scheduled to announce Q4 results on Friday.

Stocks to Watch today | May 26, 2023 | Business Standard: Voda Idea, Hind Zinc, RIL, Oil India, Zee

In this segment of 'Commodity Champions',  Atul Chaturvedi, Executive Chairman of Shree Renuka Sugars and Sudhakar Desai, CEO & Director, Emami Agrotech, speak on edible oil market trends and concerns. Listen in.

#edibleoil #edibleoilmarkettrends #edibleoilconcerns #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

n18oc_business

Tracking Edible Oil Market Trends & Concerns : Atul Chaturvedi & Sudhakar Desai Exclusive

The Department Of Food And Public Distribution has advised the Solvent Extractors' Association of India to ask its members to reduce edible oil prices. Atul Chaturvedi, Executive Chairman, Shree Renuka Sugars & Sudhakar Desai, CEO & Director, Emami Agrotech on this and more. 

#edibleoil #edibleoilprices #commoditymarket #cnbctv18 #businessnews  #businessnewstoday #businessnewsinenglish #sharemarkettoday   

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. #n18oc_business Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

n18oc_business

Concerns Over Costlier Edible Oil | Experts On Edible Oil Price Trajectory & More | CNBC-TV18

Stock of Shree Renuka Sugars was trading 0.15% higher at Rs 47.02 in early trade. Shares of Avadh Sugar and Energy gained 0.14 percent to Rs 508.70 on BSE.

Shree Renuka, Dhampur Sugar, Balrampur Chini among sugar stocks in focus today; here’s why

The company has commenced commercial production of ethanol from the expanded capacity, which will increase its production capacity from 720 KLPD to 1,250 KLPD

Shree Renuka Sugars gains 6% on ethanol production boost

#ShreeRenukaSugars commences ethanol production from expanded capacity at Athani and Munoli.

Executive Chairman Atul Chaturvedi talks about revenue implications and business landscape. #BQLive 

--------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: http://bit.ly/32JXa74
Visit BQ Prime for more news: https://www.bqprime.com/
Don't enter the stock market unaware. Read all Research Reports here: https://www.bqprime.com/research-reports

For the latest business news and analysis
Subscribe to our Newsletters here: https://www.bqprime.com/my-bq/newsletter
Subscribe to our Telegram channel: https://t.me/BQPrime

Follow BQ Prime here
Twitter: https://twitter.com/bqprime
Facebook: https://www.facebook.com/BQPrime/
LinkedIn: https://www.linkedin.com/company/13184554/
Instagram: https://www.instagram.com/bqprime/
Pinterest: https://in.pinterest.com/BQPrimeNews/

Shree Renuka Sugars Starts Ethanol Production With Extended Capacity From 2 Plants | BQ Prime

Since 2018, when Wilmar of Singapore acquired control of the debt-laden Shree Renuka Sugars from its erstwhile promoters, the company has increased ethanol production capacity from 570 kilolitre per day (KLPD) to 1,250 KLPD with an estimated investment of ₹850 crore

Shree Renuka Sugars eyes to grow its green energy portfolio

Its net profit stood at Rs 43.3 crore in the year-ago period. Total income rose to Rs 2,563.2 crore in the third quarter of this fiscal from Rs 2,025.3 crore in the corresponding period of the previous year, according to a regulatory filing.

Shree Renuka Sugars Q3 profit falls 67% to Rs 14 crore

Shree Renuka Sugars commissions enhanced ethanol capacity in Karnataka

Shree Renuka Sugars Q3 net down 65% on high cost, inventory pile-up

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Shree Renuka Sugars Limited is a agri-business and bio-energy company. The Company produces integrated sugar and bio-energy.