Shree Renuka falls as Brazilian subsidiary files for protection under judicial recoveryIts underlying operating business has been quite steady this year with combined cane crushing of 5.7 million tonnes till September 27, 2015.
Shree Renuka Sugars to raise $350 million through its Brazilian armThe plan to raise money through bond sale comes after the company tried selling stake in two of its Brazilian arm last year to raise around...
Two Brazilian acquisitions have backfired for Shree Renuka, but Narendra Murkumbi confident of a comebackTwo Brazilian acquisitions have backfired for Shree Renuka, but Murkumbi is confident of a comeback at the company he built by buying sick ...
- Shree Renuka Sugars to sell 25% in Renuka Brasil Holdings
Shree Renuka Sugars is in talks with several private equity companies and strategic investors to sell 25% stake to retire debt in Renuka Br...
- Shree Renuka Sugars Dec qtr Net falls by 75% to Rs 66.4 cr
Shree Renuka Sugars Ltd (SRSL), the country's largest sugar refiner, on Friday said its consolidated net profit fell by 75 per cent to Rs 6...
- Brazilian buy may sweeten Renuka Sugars' bottomline in Q2
Had it not been for the consolidation of the Brazilian subsidiary, SRSL would have reported a net loss.
- Shree Renuka finally seals Equipav deal for Rs 1,151 crore
Shree Renuka will acquire a 50.3% stake in Equipav which has an annual cane crushing capacity of 10.5 million tonne and ownership of 1,15,0...
- Shree Renuka Sugar: Managing raw material costs will be a big test
Higher revenues driven by capacity addition on back of acquisition and better realisation helped the South based sugar producer Shree Renuk...
- Shree Renuka Sugars Q2 profit zooms nearly 7-fold to Rs 224 cr
Shree Renuka Sugars on Tuesday reported a surge of nearly seven fold in its consolidated profit to Rs 224.2 crore for the second quarter en...
- Shree Renuka wants 8% more stake in Equipav
The biggest cross-border deal by an Indian sugar maker has reached a delicate stage with Shree Renuka Sugars demanding a higher stake in th...
- Renuka Sugars buys Brazil’s Equipav SA for Rs 1,530 cr
Shree Renuka Sugars, India’s biggest refiner, on Sunday said it had bought Brazilian company Equipav SA Acucar e Alcool for Rs 1,530 crore ...
- New top guns emerge from slowdown ashes
As India Inc emerges from the economic slowdown, changes in the pecking order are underway across sectors, with several nimble challengers ...
- Rising sugar prices to come as a sweetener
Shree Renuka Sugars (SRSL) scrip touched all-time high of Rs 220 at BSE on Wednesday on the back of the announcement that it is acquiring V...