ICICI Direct has buy call on Mills with a target price of Rs 285. The current market price of Balrampur Chini Mills Ltd. is Rs 211.9.
Balrampur Chini Mills Ltd., incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 4468.80 Crore) operating in Sugar sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 1083.29 Crore, down -16.31 % from last quarter Total Income of Rs 1294.37 Crore and down -9.92 % from last year same quarter Total Income of Rs 1202.60 Crore. Company reported net profit after tax of Rs 21.03 Crore in latest quarter.
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.
