Shree Renuka Sugars fixed 21 April 2008 as record date for a 10-for-1 stock split

Shree Renuka Sugars gained 1.37% to Rs 993.90 at 9:56 IST on BSE on setting record date for a 10-for-1 stock split.

The stock hit a high of Rs 1005 and a low of Rs 986.10 so far during the day. The stock had a 52-week high of Rs 1362 on 15 January 2008 and a 52-week low of Rs 365 on 21 March 2007.

The company's current equity capital is Rs 27 crore. Face value per share is Rs 10.

The current price of Rs 993.90 discounts its Q1 December 2007 annualized EPS of Rs 40.30, by a PE multiple of 24.66.

Shree Renuka Sugars’ net profit rose 248.7% to Rs 27.20 crore on 56.2% rise in sales to Rs 191.70 crore in Q1 December 2007 over Q1 December 2006.

Shree Renuka Sugars has fixed 21 April 2008 as record date for a 10-for-1 stock split. The company announced the record date after trading hours on Wednesday, 19 March 2008.

Shree Renuka Sugars is a fully integrated manufacturer of sugar, power and ethanol.