Balrampur Chini Mills is currently trading at Rs. 40.45, up by 1.15 points or 2.93% from its previous closing of Rs. 39.30 on the BSE.
The scrip opened at Rs. 39.50 and has touched a high and low of Rs. 41.20 and Rs. 38.85 respectively. So far 270229 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 54.00 on 05-Apr-2013 and a 52 week low of Rs. 34.60 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 41.20 and Rs. 36.25 respectively. The current market cap of the company is Rs. 976.91 crore.
The promoters holding in the company stood at 40.84% while Institutions and Non-Institutions held 31.64% and 27.52% respectively.
Balrampur Chini Mills has reported results for third quarter ended December 31, 2013.
The company has reported a net loss of Rs 50.76 crore for the quarter as compared to net profit of Rs 60.22 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 27.28% at Rs 690.71 crore for quarter under review as compared to Rs 949.93 crore for the quarter ended December 31, 2012
Balrampur Chini 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.