Balrampur Chini Mills share price hit a 52-week high of ₹642, achieving the base case target of ₹622 from Prime Research's July 12, 2026 Pick of the Week recommendation. The stock delivered an 8.6% return from the recommended buy band of ₹560-579, significantly outperforming the BSE Sensex which was down 0.37% at 77,418 at 01:23 PM. According to Prime Research, the stock touched a high of ₹641.45, surpassing its previous high of ₹622 touched on July 21, 2025, and quoted at its highest level since October 2024.
As reported by Business Standard, Balrampur Chini Mills outperformed the market by surging 21% in the past month, significantly outpacing the 0.52% rise in the BSE Sensex. The stock has zoomed 45% in the calendar year, compared to a 9% decline in the benchmark index. The company previously hit a record high of ₹692.85 on October 3, 2024, demonstrating consistent strong performance across multiple timeframes.
According to Business Standard, Balrampur Chini Mills is one of India's largest integrated sugar companies with 10 sugar factories across Uttar Pradesh and an aggregate crushing capacity of 80,000 tonnes of cane per day (TCD). The company operates distillery operations of 1,050 kilo litres per day (KLPD) and power cogeneration capacity of 175.7 MW (saleable). The company is also setting up India's first Poly Lactic Acid (PLA) plant with a capacity of 80,000 tonnes per annum (TPA).
As reported by Business Standard, the company is strengthening its commitment towards promoting sustainable practices through its nationwide awareness initiative, 'Bioyug On Wheels'. The initiative showcased compostable Poly Lactic Acid (PLA)-based solutions at the iconic Shree Somnath Temple, creating conversations around compostable bioplastics as alternatives to conventional plastics. The company expects about ₹2,000 crore annual revenue from its new bio-plastic plant in Uttar Pradesh, scheduled to be commissioned during the December quarter.
According to Crisil Ratings rationale from March 2026, the company has incurred ₹1,421 crore out of the total project cost of ₹2,850 crore till January 31, 2026, funded via term loans of ₹790 crore. The project is expected to commercialize from the third quarter of fiscal 2027 and is being set up at a cost of more than ₹3,000 crore. The UP government's Bio Plastic Industrial Policy 2024 provides various incentives including capital subsidy, interest subsidy and SGST reimbursement to promote bioplastic manufacturing.
