Balrampur Chini Mills Ltd News

Balrampur Chini Mills Q2 results: PAT falls 60% to Rs 67 cr on lower income

Balrampur Chini Mills on Monday reported a 60 per cent drop in its consolidated net profit to Rs 67.17 crore in the September quarter of FY25, as lower income weighed on the company's performance. The Uttar Pradesh-based company's consolidated net profit stood at Rs 166.25 crore a year ago. Net income declined 17.35 per cent to Rs 1,362.83 crore while its total expenses fell 8.43 per cent to Rs 1,312.08 crore during the quarter, according to a regulatory filing. Balrampur Chini, one of the country's largest sugar producers, operates 10 manufacturing facilities across eastern and central Uttar Pradesh with a total daily cane crushing capacity of 80,000 tonnes.

Nifty, Bank Nifty consolidate amid lower volumes; 14 stocks in F&O ban

Derivatives market update Oct 16: Among individual stocks, Deepak Nitrite, PVRInox and HPCL witness fresh long build-up; Cipla and Reliance futures see selling pressure.

FIIs unwind Nifty longs, add shorts in Bank Nifty; Experts see more pain

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

Nifty, Bank Nifty PCR turns bearish; Longs added in MidCap; Shorts in RIL

Derivatives market update Oct 01: FIIs continue to hold more than 4 long positions in index futures for every short bet. Proprietary trades hold 5 shorts for every bullish bet in index futures.

Dwarikesh Sugar, Shree Renuka: Why sugar stocks are buzzing in trade today

Key players in the sector, including Shree Renuka Sugars, Dhampur Sugars, and Balrampur Chini Mills, were among the top gainers.

F&O Insights: Bulls take charge as Nifty, Bank Nifty PCR jumps over 1

Derivatives market update for Sept 13: Data shows FIIs added fresh longs in Nifty futures, while covering some shorts in Bank Nifty; Retail, DIIs up short bets. Analysts upbeat on near-term outlook.

F&O Insights: Options data hint Nifty may fall to 24,500; FIIs pare longs

Derivatives market update for Sept 09: FIIs were net sellers in Nifty futures for the sixth straight trading session on Friday; Nifty weekly PCR drops to 0.6:1.

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup

F&O Cues: DIIs net long in Nifty highest in 2 months; futures premium sink

Derivatives market update for Sept 03: The Nifty September futures premium tumbled from Rs 141 on Friday to Rs 61 on Monday. DIIs added fresh longs in Nifty futures, while FIIs sold.

F&O Cues: Options data hint more gains for Nifty; 4 stocks see long buildup

Derivative market update for Monday, Sept 02: FIIs long-short ratio in index futures rose to 2.6:1, implying 5 longs for every 2 shorts. Bandhan Bank, Syngene and Granules India see long buildup.

Sugar stocks rally up to 13% as Govt lifts diversion cap for ethanol prod

sugar mills and distilleries can produce ethanol from sugarcane juice/sugar syrup, B-Heavy molasses, as well as C-Heavy molasses, during ESY2024-25 as per their agreements with oil marketing companies

F&O Insights: FIIs long-short ratio at 5:2; retail traders build shorts

Derivative market update for Fri, Aug 30: FIIs long-short ratio in index futures (mainly Nifty) rose to 2.3:1, implying nearly 5 long bets for every 2 shorts. Retail traders hold 3 shorts for 2 longs.

F&O Insights: FIIs cover shorts in Bank Nifty; 24,600 is the key for Nifty

Derivatives market update: In the last 4 trading sessions, the Nifty and Bank Nifty, both, have witnessed short-covering as prices rose on the back of 20% and 16% decline in open interest.

TVS Motor, Aurobindo Pharma: Top picks by Chandan Taparia of Motilal Oswal

On the daily chart TVS Motor's price has broken out on the upside from an ascending triangle with higher-than-average buying volumes

Ethanol price hike buzz triggers rally in sugar stocks; soar up to 9%

Sugar stocks, Ethanol price hike news: The price revision is being considered on priority to incentivise production and meet our blending goals, reports said

Balrampur Chini stock nears record high, gains 5% on stable Q1 performance

Despite facing challenges in distillery operations due to regulatory issues, sugar segment has continued to perform well in a seasonally soft quarter, benefiting from higher volumes and realizations.

Balrampur Chini Q1 results: Net profit dips 4.6% on lower sugar output

Balrampur Chini Mills Ltd on Monday reported a 4.6 per cent drop in its consolidated net profit to Rs 70.15 crore in the first quarter of the current fiscal, as lower sugarcane availability hit production volumes. The net profit stood at Rs 73.50 crore in the same quarter previous fiscal, according to a regulatory filing. Its revenue from operations rose 2.3 per cent to Rs 1,421.59 crore in the quarter ended June 30 this fiscal from 1,389.62 crore in the year-ago period. The expenses increased to Rs 1,334 crore from Rs 1,301 crore in the said period. According to the company, sugarcane crushing remained down 54 per cent, sugar production fell 48 per cent due to lower cane availability, and the distillery segment was impacted by regulatory issues and reduced cane supply. "Despite facing challenges in distillery operations due to regulatory issues, the sugar segment has continued to perform well in a seasonally soft quarter, benefiting from higher volumes and realisations," Balrampu

Balrampur Chini stock hits 7-month high; jumps 4% on positive outlook

Higher sugar realization and better feedstock mix within the distillery segment should improve profitability in H1FY25 even as volume may be lower, believe analysts at Elara Capital.