Renuka Sugar sours over 4% prior to board meet
DSIJ Intelligence / 27 Jul 2017
Trailing its Wednesday’s losing streak, Shree Renuka Sugars was trading down by over 4% during Thursday’s trade on the BSE, ahead of its board meet.
Trailing its Wednesday’s losing streak, Shree Renuka Sugars was trading down by over 4% during Thursday’s trade on the BSE, ahead of its board meet.
The meeting of the Board of Directors of the company is scheduled to be held on Thursday, July 27, 2017.
The board will consider fund raising, in one or more tranches, that may include further public offer, rights issue, global depository receipts, preferential issue or any other method for issuance of equity shares, the company had said in a BSE filing.
Shree Renuka Sugars was trading at Rs 19.38, down by Rs 0.91 or 4.48% as at 1130 hours on Thursday, on the BSE. The stock has attracted traded volume of 1,11,40,272 shares and traded value of Rs 2,172.35 lakh on the NSE.
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