Latest Breaking News On - பால்ராம்பூர் சினி ஆலைகள் லிமிடெட் - Page 2 : comparemela.com

The brokerage is incorporating FY24 numbers given new distillery is likely to get commissioned by November 2022 while its full impact would be felt in FY24E. Though BCML has faced a considerable drop in sugar production this sugar season due to red rot, it believes changing sugarcane variety would help regain lost sugarcane in its catchment area. With increase in distillery capacities & expected increase in sugar prices, it estimates 17.7%earnings CAGR in FY21-24E. It estimates free cash flow above Rs 500 crore every year for next three years, which is likely to increase payout (dividend, buy-backs) to 60%. It values the stock at 14x FY23 earnings with a revised target price of Rs 515 (earlier Rs 385) & maintain BUY rating.

Uttar pradeshBalrampur chini mills ltdChini mills ltdMid capஉத்தர் பிரதேஷ்பால்ராம்பூர் சினி ஆலைகள் லிமிடெட்சினி ஆலைகள் லிமிடெட்நடுவில் தொப்பி