 "Balrampur Chini gains 4%; hits record high strong outlook")
Shares of Balrampur Chini Mills (BCML) hit a record high of Rs 462, as they rallied 4 per cent on the BSE in Thursday’s intra-day trade on strong business outlook. With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve.
The stock of sweetener surpassed its previous high of Rs 459.25 on January 20, 2022. In the past two weeks, the stock has surged 23 per cent, as against a 3.3 per cent rise on the S&P BSE Sensex. In the last three months, the stock
The stock of sweetener surpassed its previous high of Rs 459.25 on January 20, 2022. In the past two weeks, the stock has surged 23 per cent, as against a 3.3 per cent rise on the S&P BSE Sensex. In the last three months, the stock
