Shree Renuka Sugars Shows Short-Term Gains Amid Long-Term Challenges in Sugar Sector

Jan 16 2025 12:50 PM IST
share
Share Via
Shree Renuka Sugars has seen notable trading activity, with a significant increase on January 16, 2025, and a strong short-term return over the past three days. Despite today's gains, the stock's one-month performance shows a decline, indicating mixed signals in its medium to long-term outlook.
Shree Renuka Sugars has experienced significant activity today, with a notable increase of 5.78% on January 16, 2025. Over the past three days, the stock has accumulated a total return of 13.03%, reflecting strong short-term performance. It opened the day with a gain of 2.96% and reached an intraday high of Rs 39.23, marking a rise of 6.49%.

In terms of technical indicators, Shree Renuka Sugars is currently trading above its 5-day moving average, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. This positioning suggests mixed signals regarding its medium to long-term trend.

While the sugar sector has shown positive movement, gaining 3.57% on the same day, Shree Renuka Sugars' one-month performance indicates a decline of 7.35%. This contrasts with a decrease of 5.76% in the broader Sensex, highlighting some relative underperformance despite today's gains. Overall, the stock's recent activity reflects a complex landscape of short-term gains against a backdrop of longer-term challenges.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Why is Sh.Renuka Sugar falling/rising?
Dec 20 2025 02:17 AM IST
share
Share Via
Why is Sh.Renuka Sugar falling/rising?
Nov 07 2025 09:57 PM IST
share
Share Via
Are Sh.Renuka Sugar latest results good or bad?
Nov 07 2025 07:18 PM IST
share
Share Via
Is Sh.Renuka Sugar technically bullish or bearish?
Nov 07 2025 08:14 AM IST
share
Share Via