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Shree Renuka Sugars Faces Negative Outlook on Debt Instruments

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Shree Renuka Sugars Limited ( (IN:RENUKA) ) has provided an update.

Shree Renuka Sugars Limited announced that India Ratings & Research has revised the outlook on its debt instruments from ‘Stable’ to ‘Negative’, while affirming the existing credit ratings. This change in outlook reflects potential challenges the company may face, impacting its financial stability and signaling caution to stakeholders regarding its future performance.

More about Shree Renuka Sugars Limited

Shree Renuka Sugars Limited operates in the sugar industry, focusing on the production and distribution of sugar and related products. The company is based in India and serves a significant market in the region.

YTD Price Performance: -30.21%

Average Trading Volume: 610,927

Current Market Cap: 59.64B INR

For detailed information about RENUKA stock, go to TipRanks’ Stock Analysis page.

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