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Buy Shree Renuka Sugars: Ambareesh Baliga

Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services recommends buying Shree Renuka Sugars for long term.

November 18, 2013 / 17:16 IST
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Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services told CNBC-TV18, "Shree Renuka Sugars at current levels could be bought but one should be very clear that one should have a lot of patience and hold on at least for the next 12-15 months for it to start moving up."

On November 18, Shree Renuka Sugars closed at Rs 20.25, down Rs 0.15, or 0.74 percent. The share touched its 52-week high Rs 35.90 and 52-week low Rs 14.50 on 10 December, 2012 and 28 August, 2013, respectively.
first published: Nov 18, 2013 05:16 pm

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