Rajshree Sugars soars on reporting sales of 3,049 MT in July from Unit-I at Varadarajnagar

Rajshree Sugars & Chemicals is currently trading at Rs. 28.00, up by 2.45 points or 9.59% from its previous closing of Rs. 25.55 on the BSE.

The scrip opened at Rs. 28.10 and has touched a high and low of Rs. 28.10 and Rs. 28.00 respectively. So far 1637 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 62.00 on 11-Sep-2012 and a 52 week low of Rs. 25.55 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 30.40 and Rs. 25.55 respectively. The current market cap of the company is Rs. 66.62 crore.

The promoters holding in the company stood at 37.05% while Institutions and Non-Institutions held 2.38% and 60.57% respectively.

Rajshree Sugars & Chemicals has reported the operational data of Unit-I, Unit-II and Unit-III of the company’s sugar factories for the month of July 2013. The company’s Unit-I located at Varadarajnagar in Theni district has crushed 64,597 MTs of cane in month of July 2012.The sugar production stood at 6,426 MTs in month of July 2012 while sales stood at 3,049 MTs in month of July 2013 compared to 8,906 MTs in the same month previous year.

The company’s Unit-II located at Mundiyampakkam in Villupuram taluk & district has crushed 61,084 MTs of cane in month of July compared to 140,896 MTs cane crushed in corresponding month previous year. The sugar production stood at 5,116 MTs compared to 11,780 MTs while sales stood at 9,398 MTs compared to 16,091 MTs in the same month previous year. The unit has produced 2,601 MTs of molasses in the month of July 2013 while consumption & sales stood at 2,985 MTs. It has generated 74.86 lakh units of power, captive consumption stood at 20.91 lakh units while export to grid stood at 53.95 lakh units.

The company’s Unit-III located at Semmedu village in Gingee taluk at Villupuram district has crushed 48,133 MTs of cane in month of July compared to 92,961 MTs cane crushed in corresponding month previous year. The sugar production stood at 3,766 MTs compared to 8,113 MTs while sales stood at 9,991 MTs compared to 7,783 MTs in the same month previous year. The unit has produced 2,550 MTs of molasses in the month of July 2013 while consumption & sales stood at 444 MTs. It has generated 61.70 lakh units of power, captive consumption stood at 24.39 lakh units while export to grid stood at 37.31lakh units.