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Shree Renuka Sugars becomes the most valuable sugar co; up 326% in 3 months

Shree Renuka Sugars, with an m-cap of Rs 8,791 crore at 01:50 pm, surpassed Balrampur Chini Mills and EID Parry (India)

Sugar, sugarcane
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SI Reporter Mumbai
Shree Renuka Sugars became the most valuable sugar producing company in terms of market capitalisation (m-cap) on Thursday after its stock soared over 300 per cent during the past three months. The stock hit an over nine-year high in the intra-day session today and was trading at its highest level since February 2012.

Shree Renuka Sugars, with an m-cap of Rs 8,791 crore at 01:50 pm, surpassed Balrampur Chini Mills  and EID Parry (India) that have a market cap of Rs 7,461 crore and Rs 7,390 crore, respectively, the BSE data shows.

In the past three months, Shree

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