Balrampur Chini Mills bags order to supply 18,000 kilo litres of Ethanol to OMCs; Stock climbs 2%

Balrampur Chini Mills Ltd has informed that it has participated in tenders floated by Public Sector Oil Marketing Companies (OMCs) for supplying Ethanol for the period commencing from December 01, 2021 till November 30, 2022 at their various locations across the country.

Accordingly, the company has been allocated 1,39,100 Kilo Litres from the various manufacturing units at Uttar Pradesh.

In addition to the aforesaid, Balrampur Chini Mills is in receipt of order to supply 18,000 Kilo Litres of Ethanol to Private Sector OMC. Hence, the Company has received total order of 1,57,100 Kilo Litres for supplying Ethanol to both Public Sector and Private Sector OMCs.

At around 11:46 AM, Balrampur Chini Mills was trading at Rs316 apiece up by Rs6.15 or 1.98% on the BSE.