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Stock Market Update – Balrampur Chini Share Price Target Tomorrow 2024 To 2030

Balrampur Chini Share Price Target

Balrampur Chini Mills Ltd is one of India’s largest and most established sugar manufacturing companies. Founded in 1975, the company primarily focuses on producing sugar, but it has diversified into other areas, including ethanol production and cogeneration of power. Balrampur Chini operates several state-of-the-art manufacturing units across Uttar Pradesh, a major sugarcane-growing region, allowing it to process large quantities efficiently. Balrampur Chini Share Price on NSE as of 6 November 2024 is 606.40 INR. Here will provide you more details on Balrampur Chini Share Price Target 2024, 2025, 2026 to 2030.

Balrampur Chini Mills Ltd: Market Overview

  • Open Price: ₹610.50
  • High Price: ₹616.45
  • Low Price: ₹605.50
  • Previous Close: ₹610.35
  • Volume: 469,329
  • Value (Lacs): ₹2,853.29
  • VWAP: ₹609.95
  • UC Limit: ₹732.40
  • LC Limit: ₹488.30
  • P/E ratio: 23.05
  • Div yield: 0.49%
  • 52-wk high: ₹691.80
  • 52-wk low: ₹343.50
  • Mkt cap: ₹12.25°­°ä°ù
  • Face Value: ₹1

Balrampur Chini Mills Ltd Competitors

Here are four competitor companies of Balrampur Chini Mills Ltd, along with their approximate market capitalizations:

  1. EID Parry (India) Ltd
    • Market Capitalization: Approximately ₹9,000 crores
  2. Dalmia Bharat Sugar and Industries Ltd
    • Market Capitalization: Approximately ₹4,500 crores
  3. Triveni Engineering & Industries Ltd
    • Market Capitalization: Approximately ₹7,500 crores
  4. Dhampur Sugar Mills Ltd

    • Market Capitalization: Approximately ₹3,000 crores

Balrampur Chini Share Price Chart

Balrampur Chini Share Price Chart

Balrampur Chini Share Price Target Tomorrow 2024 To 2030

Balrampur Chini Share Price Target Years SHARE PRICE TARGET 
2024 ₹698
2025 ₹780
2026 ₹890
2027 ₹1017
2028 ₹1163
2029 ₹1331
2030 ₹1445

Balrampur Chini Share Price Target 2024

Balrampur Chini share price target 2024 Expected target could be ₹698. Here are three key factors that could affect the growth of Balrampur Chini Mills’ Share Price Target in 2024:

  • Rising Demand for Ethanol Blending: Balrampur Chini’s involvement in ethanol production aligns with India’s government initiatives to increase ethanol blending with petrol, aiming to reduce carbon emissions and reliance on oil imports. This growing demand for ethanol provides a significant revenue stream, supporting share price growth as the company expands its ethanol production capacity.
  • Favorable Government Policies for the Sugar Industry: The Indian government has introduced policies like minimum support prices for sugarcane and subsidies for exports, helping sugar manufacturers remain profitable. Continued government support and favorable policies in 2024 could benefit Balrampur Chini’s profitability and boost its share price outlook.
  • Sugar Production and Global Prices: Sugar prices in both domestic and global markets significantly impact revenue. If global sugar prices remain strong and domestic demand stays high, Balrampur Chini can achieve higher profit margins. Stable or rising sugar prices in 2024 could positively impact the company’s revenue, attracting investor interest and supporting share price growth.

Balrampur Chini Share Price Target 2025

Balrampur Chini share price target 2025 Expected target could be ₹780. Here are three key factors that could affect the growth of Balrampur Chini Mills’ Share Price Target in 2025:

  • Expansion of Ethanol Production Capacity: With the Indian government pushing for increased ethanol blending targets, Balrampur Chini’s planned investments in expanding ethanol production could provide a steady revenue boost. Meeting or exceeding these targets would position the company well in the biofuel market, increasing profitability and supporting share price growth.
  • Improved Operational Efficiency: Balrampur Chini’s ongoing focus on improving production efficiency and reducing costs can strengthen its profit margins. Investments in advanced manufacturing technologies or optimized supply chain practices could allow the company to enhance its output while keeping operational expenses under control, positively impacting financial performance.
  • Impact of Climate Conditions on Sugarcane Crop Yield: As an agribusiness reliant on sugarcane, Balrampur Chini is affected by climate conditions that impact crop yield. Favorable weather and effective crop management in 2025 could lead to higher sugarcane production, supporting stable or increased sugar output. A good harvest would strengthen Balrampur Chini’s market position and revenue, benefiting share prices.

Balrampur Chini Share Price Target 2030

Balrampur Chini share price target 2030 Expected target could be ₹1445. Here are three risks and challenges that could affect the Balrampur Chini Mills Share Price Target in 2030:

  • Climate Change and Unpredictable Weather Patterns: Sugarcane production is highly sensitive to weather conditions. Climate change may increase the frequency of droughts, floods, and other extreme weather events, which could disrupt sugarcane yields and impact Balrampur Chini’s production capacity. Reduced crop yields could lead to supply shortages, affecting revenue and share price stability.
  • Fluctuations in Global Sugar Prices: Sugar is a globally traded commodity, and its price is influenced by international market dynamics. Global oversupply, demand changes, or policy shifts in major sugar-producing countries can lead to price volatility. If global sugar prices fall, it may pressure Balrampur Chini’s profit margins, impacting long-term profitability and share performance.
  • Regulatory Risks and Policy Changes: The sugar industry in India is heavily regulated, and changes in government policies, such as adjustments in sugar export subsidies or ethanol pricing regulations, could impact profitability. If future policies are less favorable or include new restrictions, it could pose challenges to growth and affect Balrampur Chini’s share price trajectory in 2030.

Balrampur Chini Mills Ltd Shareholding Pattern

  • Promoters: 42.90%
  • Mutual Funds: 24.89%
  • Retail and Others: 17.80%
  • FII: 12.86%
  • DII: 1.55%

Balrampur Chini Mills Ltd Shareholding Pattern

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Balrampur Chini Mills Ltd Financials

(INR) 2024 Y/Y change
Revenue 55.94B 19.89%
Operating expense 9.48B 21.57%
Net income 5.34B 88.08%
Net profit margin 9.55 56.81%
Earnings per share 21.47 58.92%
EBITDA 7.86B 50.81%
Effective tax rate 27.99% —

Balrampur Chini Mills Ltd Financials

Balrampur Chini Quarterly Financials

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