SHREE RENUKA SUGARS LTD Q1 RESULTS
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 303.13 points at 79546.31
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 568.93 points at 79243.18
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex was up 165.94 points at 78840.19
Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 620.73 points at 78674.25
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex closed up 712.44 points at 78053.52
Stock market update: Sugar stocks up as market rises
The 30-share BSE Sensex was up 259.64 points at 77600.72
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Stock market update: Sugar stocks down as market rises
The 30-share BSE Sensex closed up 131.18 points at 77341.08
Stock market update: Sugar stocks down as market falls
The 30-share BSE Sensex was down 139.31 points at 77070.59
Low chances of Nifty Bank exceeding 51,000-level this week: Anand James
A new peak on Friday was not surprising, given the fact that 88% of Nifty constituents had started the day at the highest in 30 days. Most other sectors were also showing similar trends, except for PSU banks and metals
Sugar rush! Praj Industries, Balrampur Chini shares jump by over 6% on boost from ethanol blending
Praj Industries shares surged 6.4% to a 52-week high on NSE after Union Minister Hardeep Singh Puri's announcement on India's biofuel blending targets.
Sugar stocks surge over 8% as govt again backs ethanol
Sugar stocks surged on Tuesday as Oil & Petroleum Minister Hardeep Singh Puri reinforced the government's focus on ethanol production, with notable gains seen in companies like Bajaj Hindusthan, Triveni Engineering, Avadh Sugar, and Uttam Sugar.
Shree Renuka Sugars Q4 Results: Firm posts loss on higher expenses
Shree Renuka Sugars Ltd reported a net loss of Rs 111.7 crore for Q4, a decline from a profit of Rs 44.6 crore in the same period last year.
Q4 results this week: Tata Steel, LIC, IRCTC, Apollo Hospitals Enterprise, and Bharat Dynamics
Several companies, including Tata Steel, LIC, and IRCTC, will release their March quarter report cards this week.
Shree Cement Q4 Results: Net profit up over a fifth to Rs 662 crore, EBITDA at all-time high
The country’s third-largest producer of cement, in terms of capacity, saw its net revenue from operations rise 7% on year to Rs 5,101 crore. The relatively lower growth in revenue as compared to the sales growth indicates that the company, too, felt the impact of weaker pricing.
Shree Cement Q4 Results: PAT jumps 28% YoY to Rs 526 crore; Rs 55/sh dividend declared
On Tuesday, Shree Cement announced a significant 28% year-on-year increase in its consolidated net profit, reaching Rs 675 crore for the quarter ending March 31, 2024, compared to Rs 526 crore reported in the same period last fiscal year.
Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%
Varun Beverages Q1 Results: Co reported a consolidated net profit of Rs 548 crore, rising 5% year-on-year (YoY) for the quarter ended March 31, 2024; revenue from ops stood at Rs 4,398 crore
Bajaj Hindustan Q4 Results: Net profit slides 31% YoY to Rs 90.56 crore
Bajaj Hindustan Sugar on Friday posted 31 per cent fall in consolidated net profit to Rs 90.56 crore during the fourth quarter of the 2023-24 fiscal on lower income. Net profit stood at Rs 130.91 crore in the same quarter of the previous financial year, as per the regulatory filing.
Q4 results today: Ambuja Cements, Adani Wilmar among 18 companies to announce earnings
Adani group leads Q4 earnings with multiple companies reporting results today. Ambuja Cements expected to show growth, while Adani Wilmar anticipates revenue dip but higher operating profit.
Q4 results this week: Adani group to lead as 211 companies will declare earnings
With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
India's sugar demand surges in heat wave and election season
Higher consumption would lift local prices and boost margins of sugar producers such as Balrampur Chini, Shree Renuka Sugars, Bajaj Hindusthan, and Dwarikesh Sugar and help them in making cane payments on time to farmers.
Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.
Cement companies likely to report volume driven double-digit profit growth for Q4 aided by lower input costs
Intense competition due to incremental capacity addition and lower than expected demand have been a few key challenges that have restricted the ability of cement firms to raise prices meaningfully. In FY24, average cement price fell by around 1% to Rs359 per 50 kg bag.
Sugar production for FY24 has been much higher than initially anticipated : Atul Chaturvedi, Shree Renuka Sugars
I do not think this current diversion possibility will have any effect whatsoever on the sugar production and sugar values in the country. But having said that, once the summer hits in, the sugar consumption generally goes up and we could probably see a rise of about a rupee or somewhere around that per kilo, so that I would not say is anything which is game-changing.
Earnings season ends today. M&M, Muthoot Finance among 620 companies to announce Q3 results
Among other important results will be those Aditya Birla Fashion and Retail (ABFRL), Crompton Greaves Consumer Electricals, Eureka Forbes, IPCA Laboratories, KPI Green Energy, Liberty Shoes, Natco Pharma, National Fertilizers, Narayana Hrudayalaya, PTC India, Rajesh Exports, Rana Sugars, Reliance Capital, Sun TV Network and Wockhardt.
Shree Cement shares jump 6% on strong Q3 earnings. Nuvama upgrades stock to ‘Hold’
Net revenue from operation stood at Rs 4,901 crore up 20% YoY from Rs 4,069 crore reported in the year-ago period. On a sequential basis, it was up 7% over Rs 4,585 crore reported in Q2FY24.
Sugar stocks up after government reverses ban
According to a Reuters report, the government permitted the diversion of 1.7 million metric tonnes of cane juice and B-heavy molasses for ethanol production on Friday.
Sugar stocks jump up to 15% after govt allows mills to divert sugar for ethanol
The top gainer from the pack was Ugar Sugar Works, which shot up nearly 15% in the early trade. Others including Triveni Engineering & Industries, Balrampur Chini, Shree Renuka Sugars, Rana Sugar, Dwarikesh Sugar, and Eid Parry (+3.49%) gained up to 6.16% around 10:10 am.
Sugar stocks tank up to 7% on government's ethanol production curbs
Among the top losers from sugar sector were Shree Renuka Sugars which plunged over 7% in the opening trade amid high volumes, followed by Balrampur Chini, Rana Sugar, The Ugar Sugar Works and Dwarikesh Sugar, which lost up to 3%.
Shree Renuka Sugars shares climb over 5% on acquisition of Anamika Sugar Mills
The objective of the acquisition of Anamika Sugars was to establish a presence in Uttar Pradesh, one of the largest sugar-producing states, and to cater to the markets of North and East India, the company said.
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