Balrampur Chini Mills rises on commencing commercial production of Rectified Spirit
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Balrampur Chini Mills is currently trading at Rs. 395.80, up by 3.70 points or 0.94% from its previous closing of Rs. 392.10 on the BSE.
The scrip opened at Rs. 392.80 and has touched a high and low of Rs. 396.60 and Rs. 392.00 respectively. So far 4707 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 525.70 on 08-Apr-2022 and a 52 week low of Rs. 299.50 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 409.00 and Rs. 363.20 respectively. The current market cap of the company is Rs. 7997.87 crore.
The promoters holding in the company stood at 42.42%, while Institutions and Non-Institutions held 33.47% and 24.11% respectively.
Balrampur Chini Mills has commenced commercial production of Rectified Spirit / Industrial Alcohol for the additional capacity of 170 KLPD at Balrmapur Unit. With the said addition, the total distillation capacity of the company now stands at 1050 KLPD.
Balrampur Chini Mills is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.
