BCL Industries’ board has allotted 54,66,334 fully convertible warrants with a face value of Rs 10 each at an issue price of Rs 360 per warrant on a preferential basis.

BCL Industries shares surge 5% as company board allots convertible warrants

Board of BCL Industries approves allotment of 54.66 lakh convertible warrants

Shares of BCL Industries jumped over 3 per cent from the day’s low at 403.95 on Wednesday to Rs 417.30.

BCL Industries shares staged intraday rebound post Q3 results. Here’s why

It had clocked a net profit of Rs 24.22 crore in the October-December period of the fiscal 2021-22,

BCL Industries Q3 net profit grows 4% to Rs 25 crore

BCL Industries’ board has approved to allot up to 55,83,334 fully convertible warrants, with a face value of Rs 10 each, at an issue price of Rs 360 apiece

BCL Industries board okays Rs 201 crore fund raising; stock up 35% in a week

With a market valuation of ₹998.12 Cr, BCL Industries Ltd. is a small-cap business that operates in the Fast Moving Consumer Goods (FMCG) industry.

BCL Industries announces to raise ₹201 Cr via 55 lakh convertible warrants

BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant

BCL Industries board approves raising Rs 201 crore via issuance of warrants

BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant.

BCL Industries board approves raising Rs 201 crore

Infosys is expected to beat 11 per cent profit growth reported by TCS for the December quarter. IT is seen reporting sales growth in line with TCS’ 19 per cent revenue growth

Infosys, HCL Tech and Cyient to announce Q3 results; BCL Industries board meet today

Cautious commentary from TCS management kept traders on the tenterhooks and weakness in the heavyweight IT counters weighed on the headline peers, dragging them lower

Sensex, Nifty fall in early trade; Tata Motors, BCL Industries, Sona Comstar rise up to 12%

At 9.40, BSE Sensex was trading 562.18 points or 0.94 per cent higher at 60,462.55, whereas Nifty50 was recorded at 18,029.05, rising 169.6 points or 0.95 per cent

Sensex rally 560 points in early trade; TechM, Tata Motors, Tata Steel, BCL Industries rally up to 20%

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

BCL Industries Limited, formerly, BCL Industries & Infrastructure Limited is an India-based company engaged in the business of edible oils, distilleries and real estate. Its segments include Oil and Vanaspati, Distillery unit and Real Estate. 