Shree Renuka Sugars Limited, a leading agribusiness and bio-energy company, saw its shares climb by 2.31%, trading at ₹40.70 as of 11:34 am on October 28, 2024. The stock movement comes ahead of the company’s Q2 FY25 results.
Founded in 1998 by Narendra Murkumbi and Vidya Murkumbi, Shree Renuka Sugars is one of India’s major producers of sugar and green energy, with a notable market presence in Europe and Africa. The company also produces ethanol and bio-fertilizers, along with owning the well-known sugar brand, Madhur.
Investors are now looking forward to the Q2 earnings results for further insights into the company’s growth trajectory.
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