Balrampur Chini gains 5%; rallies 17% in last six days

The company has received total orders of 157,100 kilo litres for supplying ethanol to both public sector and private sector oil marketing companies (OMCs).

Shares of Balrampur Chini Mills (BCML) were up 5 per cent at Rs 359.90 on the BSE in Wednesday’s intra-day trade, on the back of heavy volumes.

The stock of the sweetener has rallied 17 per cent in past six trading days, after the company announced that it had received total orders of 157,100 kilo litres for supplying ethanol to both public sector and private sector oil marketing companies (OMCs).

At 11:02 am; BCML was trading 4 per cent higher at Rs 357.25 on the BSE. In comparison, the S&P BSE Sensex was down 0.01 per cent at