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via economictimes.indiatimes.comBusiness & Companies

Balrampur Chini bio-plastic plant to start commercial operations in Jan-Mar

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Balrampur Chini Mills plans to start commercial production at its Rs 3,100-crore bio-plastic plant next quarter. The company has invested around Rs 2,400 crore in the project so far, with expectations for significant future revenue. This plant will produce Poly Lactic Acid…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA new plant start-up and a sharp quarterly profit rise are relevant for the Indian stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Balrampur Chini plans to start commercial production next quarter.
  2. 02The company has invested around Rs 2,400 crore in the project so far.
  3. 03Net profit rose 90 percent in the last quarter.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Balrampur Chini Mills LimitedBALRAMCHIN.NSEStock658.40 INRMarket closedtoday -1.62%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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