Shree Renuka Sugars to commission expanded ethanol capacity by December 2022

19 Sep 2022 , 11:38 AM

Shree Renuka Sugars Limited stock gains on Monday morning trading session after the has announcement of update on ethanol capacity expansion.

As per the regulatory filing, the company informed to the exchanges that the expanded capacity for ethanol production, from 720 KLPD to 1250 KLPD, is expected to go on stream by December 2022.

On Monday, at around 11:39 AM, Shree Renuka Sugars was trading at Rs49.60 per share higher by Rs0.15 or 0.30% on the BSE. Previously, the scrip ended at Rs49.45 per share on the BSE paltform.

Shree Renuka Sugars Limited is an India-based agri-business and bio-energy company. The Company is engaged in the business of sugar manufacturing, sugar refining, sugar trading, ethanol and co-generation.

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