Renuka Sugars

Renuka Sugars today posted net loss of Rs 6.36 crore for the first quarter ended June 30 this year due to higher expenses. The company had clocked net profit of Rs 1.33 crore in the April-June quarter of 2012-13 fiscal.

Deleveraging key to improving cash flow: Shree Renuka

Shree Renuka Sugars purchased controlling stake in Equipav SA Acucar e Alcool ( re-christened as Renuka Do Brasil) for Rs 1,530 crore in 2010 and later hiked its stake to 60%.

Sector watch: Tulsian reviews sugar, real estate stocks

SP Tulsian of sptulsian.com in an interview to CNBC-TV18 shared outlook on sugar, real estate and power sector. He also gave views on various stocks like BHEL and Cairn India.

Local ops' profitability to improve post Apr: Shree Renuka

Narendra Murkumbi, managing director of Shree Renuka Sugars says the company has achieved its target of planting 20,000 hectare of sugarcane in Brazil. "We should see the positive results from this planting exercise from the April-June quarter of this year," he says.

More cos in queue to be slapped with CCI penalty: Tulsian

On a day when competition watchdog CCI imposed a penalty of around Rs 600 crore on realty major DLF for abusing its dominant market position, SP Tulsian of sptulsian.com says such an action is not a one-off is likely to get extended or apply to many other companies.

Sell Renuka Sugars Future; target of Rs 63: IIFL

According to IIFL, traders can sell Renuka Sugars Future below Rs 70 with stop loss of Rs 73 for an initial target of Rs 63, in its March 15, 2011 research report.