Balrampur Chini Mills has announced its unaudited results for the first quarter ended December 31, 2009.
The scrip is currently trading at Rs 120 per share, up 1.95 points or 1.65% on the BSE
The stock opened at Rs 117.60 compared to its previous close of Rs 118.05. Intraday, the counter has touched a high and a low of Rs 122.90 and Rs 114, respectively.
So far 6,91,000 shares of the company were traded on the BSE.
The stock of the face value of Re 1 touched its 52-week high of Rs 167.30 on October 30, 2009 and a 52-week low of Rs 42.15 on March 6, 2009.
The company has posted a net profit of Rs 76.55 crore for the quarter ended December 31, 2009 as compared to Rs 51.29 crore for the quarter ended December 31, 2008, up 49.24%.
Total income has increased from Rs 429.98 crore for the quarter ended December 31, 2008 to Rs 441.44 crore for the quarter ended December 31, 2009, up 2.67%.
As at the end of December 31, 2009, the promoters of the company held a 72.99% stake, FIIs and DIIs held 11.80% and 2.15%, respectively and others held 13.06% stake in the company.
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