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Balrampur Chini Mills

BSE: 500038  |  NSE: BALRAMCHIN  |  ISIN: INE119A01028  |  Sugar
    
 

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17 Nov 2009 05:23

Bajaj raising 2k cr in name of power plant

Posted by : abhaytiw
Price when posted : BSE: Rs 140.95 ( -2.76 % ), NSE: Rs. 141.00 ( -2.83 % )

BHL IMPORTED RAW SUGAR 10 TIMES MORE THAN BALRAMPUR CHINI ,WHERE AS RENUKA WILL TREADE HIGHER AND HIGHER DUE TO LESS POLITICES IN MAHARASTRA AND KARNATAKA AND TOO MUCH RAW SUGAR AT LOW PRICES

BALRAMPUR LEG BEHIND IN IMPORTED RAW SUGAR ...

16 Nov 2009 23:09

LOL !!

Posted by : Mona123
Price when posted : BSE: Rs 140.95 ( -2.76 % ), NSE: Rs. 141.00 ( -2.83 % )

hi guyz...so u guyz still stuck wid ur sugar stocks n sugar mills...lol...check my msg ov 26th ov oct..told evry1 dat balrampur wont cross 160 dat easily..but sme ppl ver laughin..lol...4th ov nov...told evry1 to buy reliance @ 1890 or 1920 call @ 64 wid a future price target ov 2200..n c where it is...now compare d gains balrampur n reliance hv given in dis rally...i think sme fools will stop arguing me on dis shytt stuff...nywayz v r here to talk bout future..now iz d tyme to play a risky shot on balrampur...buy @ 133-135...wid a stoploss ov 129...can give 5-7 % return in 4 dayz...BOL...

16 Nov 2009 15:20

Bajaj raising 2k cr in name of power plant

Posted by : Sason
Price when posted : BSE: Rs 140.45 ( -3.10 % ), NSE: Rs. 140.50 ( -3.17 % )

Why is it falling today??? any specific news......

16 Nov 2009 10:54

BSE Announcements on Balrampur Chini

Posted by : MMB Messenger
Price when posted : [Balrampur Chini - BSE:Rs. 145.00 NSE:Rs. 52.40 when posted]

Balrampur Chini Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 25, 2009, inter alia, to consider the Annual Accounts of the Company for the year ended September 30, 2009 and recommendation of payment of dividend, if any, on the equity shares of the Company....

16 Nov 2009 09:34

Bajaj raising 2k cr in name of power plant

Posted by : abhaytiw
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

SUGAR COMPANY HAS PAST EXP OF POWER BUSNESS

LAST FISCAL THAY SOLD APPROX 80CR OF POWER

NOW 30% RATE HIKE BY GOVT AND THEY USE EXISTING COGENERATION PLANT WHOLE YEAR IE WITH COAL SO THEY RUN POWER PLANT WHOLE YEAR PAST THEY USE ONLY 135 DAY AVG

SO I THINK TO PUT 400MWATT POWER PLANT AND COAL MINE AQUAGIATION IN FUTURE IS RIGHT STEP FORWARD

ONE IMPORTANT THING THIS POWER PLANT OPERATIONAL IN 18 MONTH IE IF SUGAR CYCLE CHANGE THAN THIS POWER BUSNESS GIVE GOOD STABILITY

NOW BALRAMPUR CHINI LOOK FOR ANOTHER BUYER AT THE END BAJAJHIND HAS DONE RIGHT THING...

16 Nov 2009 09:32

Bajaj raising 2k cr in name of power plant

Posted by : abhaytiw
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

EXECUATION OF 400MWATT IS VERY FAST DUE TO SOME TECHNICAL REASON (1) 16-Nov-09 09:22 Track this thread Tracked by (0)


Posted by: abhaytiw on ( 16-Nov-09 09:22 )

Price : BSE: Rs 223.25 ( 1.73 % ), NSE: Rs. 223.45 ( 1.75 % )
1: BELOW 500 MWATT ONLY STATE GOVT CLEARENCE NEEDED
2:LAND AQUATION NO PROBLEM THEY ALREADY HAVE
3:AT THE END OF SUGAR CYCLE THEY HAVE AROUND 500MWATT POWER PLANT IE 18 MONTH TIME

...

14 Nov 2009 20:00

Bajaj raising 2k cr in name of power plant

Posted by : Sason
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

You mean they will use this money to buyout balrampur chini... I dont think they`ll do that......

14 Nov 2009 12:55

Bajaj raising 2k cr in name of power plant

Posted by : cmet
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

If you are right this is another way of raising the funds required for the takeover of BCL. Also BCL has co-gen facilities and generates power from the bagasse byproduct of crushing cane....

14 Nov 2009 07:23

Bajaj raising 2k cr in name of power plant

Posted by : dereckaf
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

Higher Retail Sugar prices will help....

13 Nov 2009 21:40

Bajaj raising 2k cr in name of power plant

Posted by : abhaytiw
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )

SUGAR COMPANY HAS PAST EXP OF POWER BUSNESS

LAST FISCAL THAY SOLD APPROX 80CR OF POWER

NOW 30% RATE HIKE BY GOVT AND THEY USE EXISTING COGENERATION PLANT WHOLE YEAR IE WITH COAL SO THEY RUN POWER PLANT WHOLE YEAR PAST THEY USE ONLY 135 DAY AVG

SO I THINK TO PUT 400MWATT POWER PLANT AND COAL MINE AQUAGIATION IN FUTURE IS RIGHT STEP FORWARD

ONE IMPORTANT THING THIS POWER PLANT OPERATIONAL IN 18 MONTH IE IF SUGAR CYCLE CHANGE THAN THIS POWER BUSNESS GIVE GOOD STABILITY

NOW BALRAMPUR CHINI LOOK FOR ANOTHER BUYER AT THE END BAJAJHIND HAS DONE RIGHT THING...

13 Nov 2009 19:06

Bajaj raising 2k cr in name of power plant

Posted by : m.thanabal
Price when posted : BSE: Rs 144.95 ( 0.10 % ), NSE: Rs. 145.10 ( 0.14 % )


I hope something smelling very much on bajaj takeover of Balrampur

In name of power the loan can be taken in subsidized manner

They may use this fund to take Balrampur

What you guys thinking about it

m.thanabal...

13 Nov 2009 14:13

IAM ALWAYS OTHER SIDE OF CAMP

Posted by : abhaytiw
Price when posted : BSE: Rs 145.50 ( 0.48 % ), NSE: Rs. 145.40 ( 0.35 % )

BHL RAISES 2000CR FOR 400MWATT POWER PLANT ,GOOD FOR BOTH SHARE
...

11 Nov 2009 15:20

Agreement between millers and farmers

Posted by : maximindia
Price when posted : BSE: Rs 144.20 ( 0.73 % ), NSE: Rs. 144.40 ( 0.91 % )

More than north it wl b south based sugar cos like sakthi pony etc wl rise more bcs of no political interfence plus near to port to import raw sugar at lower cost than north.Anyway all sugar co shares wl remind one of IT shares boom in1999...

11 Nov 2009 14:05

Agreement between millers and farmers

Posted by : cmet
Price when posted : BSE: Rs 145.10 ( 1.36 % ), NSE: Rs. 145.75 ( 1.85 % )

Business Standard has reported that Sugar millers in Uttar Pradesh are believed to have agreed to pay sugarcane farmers about Rs 180 a quintal for buying their produce that may allow early resumption of sugar production. The decision was understood to have been arrived at a meeting called by the Food and Agriculture Minister Sharad Pawar today, sources said.
Though the price offered by the millers is higher than the centre’s Fair and Remunerative price (FRP) of Rs 129 and the State Advised Price (SAP) of Rs 160-170, it is much lower than the Rs 280 a quintal that farmers have been demanding. A source said millers were ready to pay incentives over and above the SAP. Millers also informed the minister that crushing might start this week in UP. Sugar mills have been lying idle due to the farmers’ protest.
Mills in southern states like Tamil Nadu and Karnataka as well as in Maharashtra and Gujarat have started crushing, as there was no such problem with co-operative sector sugar mills in Maharashtra.
Asked whether mills would pay the SAP, Pawar said they would have to pay much more. Pointing out that the country needs sugar as there is a shortage and a gap between demand and supply, Pawar said, “I appeal to the farmers organisation and the state government that farmers have every right to get good price, but there should be no obstruction in processing imported raw sugar.”
Through processing of imported raw sugar, he said there will be an additional availability of sugar, which would help the consumers, who are facing difficulties due to high prices. India’s sugar production is estimated at 16 million tonnes in 2009-10 season, which started last month. The country’s annual domestic consumption is pegged at about 23 million tonnes.
The Centre has allowed imports of raw sugar as well as refined/white sugar to bridge the gap between demand and supply. Since February, the country has contracted over five million tonnes of raw sugar and nearly one million tonnes of refined sugar to increase domestic availability and check rising prices of the sweetener.
With the start of crushing the mills in UP will get re-rated. Expect a rise in the price of these shares....

10 Nov 2009 20:05

Balrampur Chini Target 180 . Buy Soon

Posted by : Sason
Price when posted : BSE: Rs 143.15 ( -3.24 % ), NSE: Rs. 143.10 ( -3.31 % )

what`s the time frame ... this week ... this expiry or next year... there`s no point giving immediate buy calls if you dont give the time frame......