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Balrampur Chini shares up 50% on new plant
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GreyOak summary
Balrampur Chini Mills shares rose over 50% in a year following an 88.9% profit jump to ₹102 crore in the September quarter. The company expects its ₹3,080 crore PLA plant to start commercial operations in Q4FY27, adding ₹2,000 crore in annual revenue. An interim dividend of ₹4 per share was declared, and Elara Capital upgraded the stock to Buy with a target of ₹874.
What it affects
- Balrampur Chini MillsBALRAMCHINPositive 0
Stock up 50% on new plantRolling sentiment Positive +28
Source
Read the original at MintMore Balrampur Chini Mills news
- Balrampur Chini bio-plastic plant starts ops Jan-MarEconomic Times · Company update ·