Shree Renuka Sugars is a global agribusiness and bio-energy corporation and India’s largest sugar refiner and ethanol producer, based in Mumbai, Maharashtra (India). With a refining capacity of approximately 4000 tonnes/day and a distillery capacity of approximately 600 kilolitres/day, the company is one of the largest sugar producers in the world.
It has a significant contribution to the market, accounting for about 20% of India’s international sugar contribution as of 2019.
Shree Renuka Sugar Share Price from 2006 to 2023
| Date | Shree Renuka Sugar Share Price (₹) |
|---|---|
| 13 November 2006 | 583.60 |
| 17 November 2005 | 294.30 |
| 30 November 2007 | 693.75 |
| 14 November 2008 | 57.25 |
| 23 September 2009 | 193.55 |
| 22 September 2010 | 80.75 |
| 27 September 2011 | 57.70 |
| 29 May 2013 | 21.95 |
| 14 October 2023 | 53.90 |
Shree Renuka Sugar Share Price History & Performance
| Date | Closing Price | High | Low |
|---|---|---|---|
| 2023-10-15 | 54.40 | 55.10 | 53.40 |
| 2023-10-14 | 54.35 | 55.05 | 53.80 |
| 2023-10-13 | 54.60 | 55.50 | 53.95 |
| 2023-10-12 | 54.95 | 56.75 | 54.10 |
| 2023-10-11 | 55.25 | 56.10 | 54.45 |
| 2023-10-10 | 55.60 | 56.50 | 54.85 |
| 2023-10-09 | 55.95 | 57.05 | 55.10 |
| 2023-10-08 | 56.30 | 57.25 | 55.45 |
| 2023-10-07 | 56.65 | 57.55 | 55.80 |
| 2023-10-06 | 57.00 | 58.00 | 56.25 |
The company’s Indian operations are active in the southern and western parts of India, where sugarcane is found in larger quantities than other sugarcane producing areas in the country.
Through its excellent working capacity and efficient operations, this company has carved a niche for itself in the sugar manufacturing business and has been successful in establishing itself as a reliable company.
Shree Renuka Sugar Share has been an excellent multibagger stock in 2009 and 2021-22. While the share price of this company was trading around ₹ 37.00 in the month of January in 2009, it reached a high price of ₹ 110.74 by the end of this year in December 2009.
And during this period the company has seen a strong revenue CAGR of around 55% and EBITDA CAGR of 58% growing from FY2006 to FY2012.
With strong financial performance, the company has consistently generated excellent returns for its shareholders with an average return on equity of approximately 20% from FY 2006 to FY 2012.
Similar good returns were seen in the year 2021-22 in which the company gave a return of about 350.75% to its investors due to which the investors got almost 5 times this return.
Risk is also seen in this company, because it can easily fall by about 50%, as in 2011 it saw a fall of about 70% annually.
Shree Renuka Sugar Share Returns
| Time Period | Shree Renuka Sugar Share Returns |
|---|---|
| 1 Day | -0.28% |
| 1 Month | 2.1% |
| 3 Months | 24.8% |
| 6 Months | 15.89% |
| 1 Year | -17.85% |
| 3 Years | 495.56% |
| 5 Years | 285.61% |
Key Points
- In the last 5 years, Shree Renuka Sugar has given an excellent return of about 294.12% to its investors.
- In the last 5 years, Shree Renuka Sugar’s stock CAGR growth stood at around 30.75%. Even before this, Shree Renuka Sugar has seen a strong revenue CAGR of about 55% and EBITDA CAGR of 58% from FY2006 to FY2012.
- Till now, it has given a good return to its investors because in the last 10 years, Shree Renuka Sugar Company has given almost 3 times the money to its investors.
- From the listing day till present time, this company has made an annual average return of about 8.15% to its investors.
