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Exit level for Renuka Sugar Please guide
Posted by :
goelrajeshThis is the good time for booking profit in the shares. Presently it trading at 52 week high. There is a problem regarding fixation of minimum price of cane. If the govt increases the prices of the cane, which mills have to pay this additional amount. There is hit on the profit of the comanies. Due to this we should book profit in renuka sugars presently....
Correction in the Corner - Book Profit
Posted by :
BNQThere is still some upside possible in Shree Renuka Sugar as results are good but as everybody is expecting Correction in Jan-March 2010 Book profit whenever there is good rise and enter at lower levels....
Exit level for Renuka Sugar Please guide
Posted by : jpmodiyil
100% correct see it is again at 230 + levels. A strong result will give it additional boost. Cheers
Jay...
BSE Announcements on Shree Renuka
Posted by :
MMB Messenger
Shree Renuka Sugars Ltd has announced the following Audited results for the quarter & year ended September 30, 2009:
The results for the quarter ended September 30, 2009
The Company has posted a profit after prior period adjustments of Rs 482 million for the quarter ended September 30, 2009 as compared to Rs 121 million for the quarter ended September 30, 2008. Total Income has increased from Rs 5478 million for the quarter ended September 30, 2008 to Rs 8490 million for the quarter ended September 30, 2009.
The results for the year ended September 30, 2009
The Company has posted a net profit of Rs 1435 million for the year ended September 30, 2009 as compared to Rs 927 million for the year ended September 30, 2008. Total Income has increased from Rs 18151 million for the year ended September 30, 2008 to Rs 22398 million for the year ended September 30, 2009.
The Consolidated Results are as follows
The results for the quarter ended September 30, 2009
The Company has posted a profit after prior period adjustments of Rs 1012 million for the quarter ended September 30, 2009 as compared to Rs 368 million for the quarter ended September 30, 2008. Total Income has increased from Rs 6350 million for the quarter ended September 30, 2008 to Rs 10876 million for the quarter ended September 30, 2009.
The results for the year ended September 30, 2009
The Company has posted a profit after prior period adjustments of Rs 2235 million for the year ended September 30, 2009 as compared to Rs 1339 million for the year ended September 30, 2008. Total Income has increased from Rs 21192 million for the year ended September 30, 2008 to Rs 28225 million for the year ended September 30, 2009....
NSE Announcements on Shree Renuka
Posted by : MMB MessengerShree Renuka Sugars Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 85630 lacs for quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 4820 lacs for the quarter ending on 30-SEP-2009....
NSE Announcements on Shree Renuka
Posted by : MMB MessengerShree Renuka Sugars Limited has informed the Exchange regarding the consolidated Results for the year ended on 30-SEP-2009 as follows: Net Sales of Rs. 281600 lacs for year ending on 30-SEP-2009 against Rs. 211430 lacs for the year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 22350 lacs for the year ending on 30-SEP-2009 against Rs. 13390 lacs for the year ending on 30-SEP-2008....
NSE Announcements on Shree Renuka
Posted by : MMB MessengerShree Renuka Sugars Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 109330 lacs for quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 10120 lacs for the quarter ending on 30-SEP-2009....
NSE Announcements on Shree Renuka
Posted by : MMB MessengerShree Renuka Sugars Limited has informed the Exchange regarding the standalone Results for the year ended on 30-SEP-2009 as follows: Net Sales of Rs. 223420 lacs for year ending on 30-SEP-2009 against Rs. 182420 lacs for the year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 14350 lacs for the year ending on 30-SEP-2009 against Rs. 9270 lacs for the year ending on 30-SEP-2008....
FROM ALL THIS DEVELOPMET RENUKA IS BEST
Posted by : abhaytiwONE OF BEST SUGAR PLAY...
Exit level for Renuka Sugar Please guide
Posted by : anoopsinghbaisplease keep your eyes and ears open.if you had time to come on the board you would have also heard about farmers` protest.Just a sentimental jolt.I think smart investor would have used this opportunity to accumulate....
Exit level for Renuka Sugar Please guide
Posted by :
Abhishek ShuklaWhy is the stock falling so much today? are all boarders just using the platform to profit by providing misguided information?...
Exit level for Renuka Sugar Please guide
Posted by : vatsh
There is a agitation in delhi by farmers.
If center is forced to increased the FRP rate as such sugar companies earnings will take a hit....
Exit level for Renuka Sugar Please guide
Posted by : jpmodiyil
It will slowly move up until 20th, the day result going to be out. the result expected to be very strong and if that is the case this counter will give immediate 15 to 20% in a couple of days from result. This strip is the top pick in sugar sector and one of the top sector in this bull run.
218 is a strong support above 220 next 240-260 and 290. Hold this shares and you may book partial profit at 260. best luck
...
Exit level for Renuka Sugar Please guide
Posted by : nareshkrjainI purchased 200 shares @ 215/- what target level it has? Please guide...
LOOK LIKE THIS SUGAR CYCLE BELONGS TO RENUKA
Posted by : abhaytiwshort term i not know may be 245 but if you hold up to may 2010 it should at least double...
