Shree Renuka

I would recommend renuka sugars for the following reasons

positives:
1) Sugar Cycle is at the bottom
2) innovative management(has large leasing capacity)
3) holds company which converts molasses  to bio fuel systems
4) has own sugar cane output in Brazil (with refining capacity in India)- even without equipav
5) will be the first to benefit if exports okayed
6) ethanol and power very useful by products

now I'll post negatives also if you don't mind
1) cyclicals are always risky- crusher can't decide his output price- mkt fluctuations and also input price- govt fixes the price
2) levy sugar i.e. sugar to be given to govt. @ 20%

P.S.: I personally have a small position @55 and will not mind buying more if the market falls