HomeNewsBusinessStocksShree Renuka in talks with several PE cos to sell 25% stake

Shree Renuka in talks with several PE cos to sell 25% stake

Shree Renuka Sugars is in talks with several PE companies to sell its 25% stake, to retire debt in its wholly owned company Renuka Brasil holdings, reports The Economic Times. It touched an intraday high of Rs 62.40 and an intraday low of Rs 60. At 09:28 hrs the share was quoting at Rs 61.85, up Rs 2.75, or 4.65%.

September 07, 2011 / 10:14 IST
Story continues below Advertisement

Shree Renuka Sugars touched an intraday high of Rs 62.40 and an intraday low of Rs 60. At 09:28 hrs the share was quoting at Rs 61.85, up Rs 2.75, or 4.65%.


The company is in talks with several PE companies to sell its 25% stake, to retire debt in its wholly owned company Renuka Brasil holdings, reports The Economic Times.
 
It was trading with volumes of 297,755 shares. In the previous trading session, the share closed down 0.25% or Rs 0.15 at Rs 59.10.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days58.3061.853.556.09
5-Days56.5561.855.309.37
7-Days57.8061.854.057.01
15-Days57.7061.854.157.19
1-Month57.5561.854.307.47
3-Month62.5561.85-0.70-1.12
6-Month72.0061.85-10.15-14.10
9-Month89.8061.85-27.95-31.12
1-Year69.4061.85-7.55-10.88
Story continues below Advertisement
first published: Sep 7, 2011 09:29 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!