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Balrampur Chini Mills shares rally 4% as company receives Rs 75 crore BioE3 grant from government

A order wins & contracts development with market-wide reach.

25 Sept 2026 · Economic Times Markets, ET Stocks, Business Standard Mkts

Balrampur Chini Mills shares gained after the government awarded a Rs 75 crore BioE3 grant for a 100 TPA PLA co-polymer R&D facility at its Kumbhi manufacturing complex in Uttar Pradesh.

A large order lengthens revenue visibility, which is what the market pays a premium for in capital-goods and infra names.

  • The immediate tone of coverage reads positive.