சினி ஆலைகள் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சினி ஆலைகள் லிமிடெட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சினி ஆலைகள் லிமிடெட் Today - Breaking & Trending Today

Balrampur Chini share price: Buy Balrampur Chini Mills, target price Rs 515: ICICI Direct


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 Pradesh , Balrampur Chini Mills Ltd , Chini Mills Ltd , Mid Cap , உத்தர் பிரதேஷ் , பால்ராம்பூர் சினி ஆலைகள் லிமிடெட் , சினி ஆலைகள் லிமிடெட் , நடுவில் தொப்பி ,