Buy call on Balrampur Chini Mills by HDFC Securities

With current market price of ₹373.9, Balrampur Chini Mills has a buy call from HDFC Securities, giving out a target price of ₹397. The mid-cap company running in the sugar sector has Key Revenue Segments of Sugar, (industrial) Alcohol, Power, Bagasse, Export Incentives and Others. The total income of the company at the end of second quarter is ₹ 1094.59 Crore, lower from both last quarter and last year’s same quarter, by 15.24% and 4.46% respectively.

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Vishvasni Chand

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