Shares of Balrampur Chini Mills Ltd gained 6.14% on Tuesday, September 2, rising to ₹574.90 on the NSE compared to the previous close of ₹541.65. The stock hit an intraday high of ₹580 in morning trade, supported by strong investor sentiment.
Why are Balrampur Chini shares up today?
The surge follows the Indian government’s decision, announced on Monday, to allow unrestricted ethanol production from sugarcane juice, syrup, and all types of molasses starting November 1, 2025, the beginning of the new ethanol supply year.
Earlier, ethanol production was restricted due to lower sugarcane availability. However, with forecasts of higher sugarcane output following two consecutive good monsoons, the move is expected to benefit sugar companies significantly.
As one of India’s largest sugar and ethanol producers, Balrampur Chini is positioned strongly to capitalize on the government’s policy shift. This aligns with India’s 20% ethanol blending target by 2025/26, making the stock a key beneficiary of the ethanol growth story.
Stock snapshot – Balrampur Chini Mills Ltd (NSE)
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Current Price: ₹574.90 (+6.14%)
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Previous Close: ₹541.65
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Day Range: ₹564.20 – ₹580.00
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52-Week Range: ₹419.05 – ₹691.80
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Market Cap: ₹119.81B
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Avg Volume: 243.48K
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P/E Ratio: 28.02
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Dividend Yield: 0.52%
Outlook
With ethanol diversion restrictions lifted, Balrampur Chini’s capacity expansion and integrated operations make it one of the leading beneficiaries of the policy, boosting its long-term growth prospects.
