India's Balrampur Chini up on plans to produce bioplastics

Balrampur Chini Mills

19/02/2024 04:46

** Sugar maker Balrampur Chini Mills  BACH.NS  rises 4% at
387 rupees     
    ** BACH says it will enter a new line of business to make
polylactic acid using sugar as raw material, which will be used
for production of bioplastics
    ** Avg anaylst rating on BACH is 'buy', median price target
is 488 rupees - LSEG data 
    ** BACH down nearly 6% YTD vs 7.3% gain in Nifty small-caps
index  .NIFSMCP100 

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))