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Monday September 1st 2014

‘Sugar Industries’ Archives

Shree Renuka Sugars Bonus issue

Shree Renuka Sugars Ltd informed the market today , may be after the market time that the company on the meeting thats going to be held on january 25th 2010 will decide on the matter relating to Bonus Issue .We will update the same info on jan 25th 2010 in this website.

Sugar Stocks traded red today because of Levy Sugar Speculation

As all the food product are raising and sugar too , there is a speculation that the Levy sugar percentage will be raised from 10 to 20 percent , this means that Sugar company should give government 20 percent of the sugar production at a lower cost which will eat up in the Profit .

Praj Industries soars to 275 after joint venture

Praj Industries which was my recommendation from almost 6 months finally saw sunshine this week , they have a formed a JVC Praj Jaragua Bioenergia S.A., will supply end-to-end solutions for sugarcane juice to ethanol production. Praj Industries will hold 54% in the JVC while Jaragua will hold the balance 46%. Jaragua is a leading Brazilian [...]

Sugar stocks on Sky High

Sugar stocks on sky high after Farm minister told that in 10 days time they will decide on SOP for sugar industry and also make decision on production of ethanol directly.

Shree Renuka sugars investing heavily on Ethanol

Shree Renuka sugars investing heavily on Ethanol as plain sugar sale is not minting money like before . 1.They Completed the acquisition of the Ethanol plant of Dhanuka Petro-Chem a division of Dhanuka Cold Storage Pvt Ltd located at Khopoli, Maharashtra for a total consideration of appx. Rs 60 Million. The said unit is having an installed [...]

Bajaj Hindustan announces Second Quarter results

Bajaj Hindustan has announced its second quarter results. The company has reported net profit of Rs 3.66 crore in the second quarter versus Rs 64 crore in corresponding quarter of previous year.

Oudh Sugar and KM sugars have come out with Quarter Results

>Oudh Sugar has announced its Q3FY07 result. The company has posted net loss of Rs 41 lakh versus profit of Rs 19.95 crore (YoY). >KM Sugar has declared its fourth quarter results. The company's Q4 net loss at Rs 1.67 crore versus profit of Rs 4.79 crore. almost all the company in Sugar sector will post a Net loss other than the big players.