Promoters bought 7,89,324 shares FIIs bought 2,76,047 shares: Multibagger Penny Stock Under Rs 50 Surges 6.5 Per Cent; Trades at a Low PE of 14x
The company has a market cap of over Rs 1,160 crore with a PE of 14x whereas the industry PE is 31x.
On Monday, shares of BCL Industries Ltd gained 6.5 per cent to Rs 44.70 per share from its previous closing of Rs 41.99 per share. The stock’s 52-week high is Rs 68.90 per share while its 52-week low is Rs 34.50 per share.
BCL Industries Limited, a Mittal Group agro-processing company established in 1976, operates across multiple sectors, including edible oils, rice, distilleries, and real estate. With a market capitalisation of over Rs 1,300 crore, the company has expanded its ethanol production capacity to 1,100 KLPD through new plants and a subsidiary expansion. BCL Industries Limited and its subsidiary, Svaksha Distillery Limited, have secured an additional order of 23,054 kilolitres (KL) of ethanol from Oil Marketing Companies (OMCs) following their participation in a January 2025 tender.
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According to Quarterly Results, the net sales increased by 21 per cent to Rs 743.43 crore and the net profit increased by 16 per cent to Rs 27.56 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 32 per cent to Rs 2,909.60 crore in FY25 compared to Rs 2,200.62 crore in FY24 while the net profit increased by 7 per cent to Rs 102.85 crore in FY25 compared to Rs 95.91 crore in FY24.
The promoters of the company bought 7,89,324 shares and increased their stake to 58.03 per cent and FIIs bought 2,76,047 shares and increased their stake to 0.86 per cent in Q4FY25 compared to Q3FY25. The company has a market cap of over Rs 1,160 crore with a PE of 14x whereas the industry PE is 31x. The stock is up by 29.60 per cent from its 52-week low of Rs 34.50 per share and has given multibagger returns of over 1,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.