BCL Industries Ltd's stock rose by 4% after releasing an order book update on Wednesday, November 27th. As of 11 AM on Thursday, the stock is trading at ₹57.22
BCL Industries Stock Poised for Breakout
BCL Industries announced on Wednesday that it has received contract from Rajasthan State Ganganagar Sugar Mills Ltd to supply 6 million liters of extra neutral alcohol (ENA)
BCL Industries Order Details
BCL will supply 6 million liters of ENA from its distillery in Bhatinda, Punjab, over six months. The buyer has an option to request an additional 50% supply
BCL Industries Share Price Target
Several market experts anticipate a new breakout in this stock, which could occur at ₹58-59. In the long term, the stock could reach ₹69 and ₹85
BCL Industries Share Price Stop Loss
Market experts recommend setting a stop-loss at ₹51.50 for BCL Industries stock. Investors can also hold the stock with a target of ₹69
BCL Industries Stock Returns
According to market analysts, this stock has remained stable for the past year. It has provided a 70% return in 2 years, 145% in 3 years, and 706% in 5 years
BCL Industries: 10-Year Return
Over the past 10 years, BCL Industries stock has delivered a substantial return of over 1,300% to its investors
Note
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