According to Crisil, sugar offtake in the current sugar season is expected to remain more or less at last season levels despite the Covid-19 pandemic
On standalone basis, there was net loss of Rs 36 crore in September quarter this year, compared to Rs 275.10 crore a year ago.
Clarifying its decision to the media, it said its two subsidiaries- Renuka do Brasil and Renuka Vale do Ivai- keep optimising their manpower in the normal course of business
In past one month, the stock zoomed 74% against 4% rise in Sensex till Monday, July 24
Brazilian creditors to take 70% haircut, 30% to come from the sale proceed of larger unit of the two
The stock was up 5.6% at Rs 16.90 on the BSE, as compared to 0.14% decline in the S&P BSE Sensex at 10:41 am.
Signs share sale agreement; expected to garner Rs 55 crore