Economy
Balrampur Chini Mills Shares Surge 9% in Biggest One-Day Gain

Balrampur Chini Mills Shares Surge 9% in Biggest One-Day Gain

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THE BRIEF
1

Shares of Balrampur Chini Mills surged 9% on Tuesday to close at ₹655, marking the stock's biggest single-day gain since mid-August.

2

The rally was supported by a sharp spike in trading volumes with 7.7 million shares changing hands, alongside a broader market rebound and peer Triveni Engineering's strong Q2 results.

3

Triveni Engineering reported a fourfold jump in consolidated net profit to ₹93.65 crore for the September quarter, driven by higher sugar realisations and favorable alcohol product mixes.