DSIJ Mindshare

On September 6, foreign institutional investors (FII) offloaded shares worth Rs 3,245.86 crore, while domestic institutional investors (DII) sold shares worth Rs 247.46 crore.

As per the recent update by the company, they have a total of 106 ongoing projects, including 17 overseas projects.

Commenting on the expansion, Managing Director, Mr Rajinder Mittal said: “We are extremely delighted to announce the commissioning of our brownfield expansion at Bhatinda. This expansion has propelled BCL to become one of the largest grain-based distilleries in India. We are committed and proud to be a part of promoting the government’s initiatives on Bio-Fuels in India.”

Taking into consideration the fact that some amount of consolidation or correction in the markets would be very healthy in the near term, Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management, is of the opinion that the overall outlook of the business environment in India is certainly positive

Shares of the company gained over 120 per cent in the last six months!