Support and Resistance Levels
Past performance
About Shree Renuka Sugars Ltd Shree Renuka Sugars Limited (SRSL) is an integrated manufacturing company focused on sugar production, refining, and its allied products like power and ethanol. Established in 1995, SRSL boasts the largest sugar refining capacity in India, with facilities primarily located in Karnataka and Maharashtra. The company is involved in the generation and sale of power, having increased its co-generation capacity significantly since its inception. It has a strong international presence, with past ventures in Brazil and Mauritius, and continues to play a pivotal role in sugar exports due to its strategic coastal location.
The company has been actively expanding its ethanol production capabilities, achieving an increase from 720 KLPD to 1250 KLPD in 2022-23. SRSL has undergone several mergers and acquisitions to strengthen its market position and diversify its operations. It also launched a retail sugar brand, Madhur, and has made significant investments in infrastructure development related to ports and other facilities. The company's strategic alliances and expansions underscore its commitment to growth in both domestic and international markets.