Its qtrly EPS was Rs.2.18 (on Face Value of Rs.1)in june 09.This seems to be very decent.There seems to be no need for fluctuation in price - Sugar Industry is now sitting only on good news. Shree Renuka was earlier praised to sky - now being left out. For very short term investors, this may be OK. But, for long term, Shree Renuka appears to deserve much better valuations.
| NIFTY 
