Time period given by analyst is Intra Day when Balrampur Chini Mills Ltd. price can reach defined target.
Balrampur Chini Mills Ltd., incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 8006.25 Crore) operating in Sugar sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1027.25 Crore, down -5.17 % from last quarter Total Income of Rs 1083.29 Crore and down -41.85 % from last year same quarter Total Income of Rs 1766.61 Crore. Company reported net profit after tax of Rs 232.00 Crore in latest quarter.
Investment Rationale
Follow up is seen at higher zones after its price breakout on daily and weekly frames.
Promoter/FII Holdings
Promoters held 41.10 per cent stake in the company as of March 31, 2020, while FIIs held 22.64 per cent, DIIs 12.75 per cent and public and other 23.51 per cent.
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