Balrampur Chini Mills (BALRAMCHIN) surged sharply today

Balrampur Chini Mills (BALRAMCHIN) surged sharply today, with its share price rising over 11% intraday to ₹705.05, supported by heavy trading volumes and strong institutional interest. The company also reported Q2 FY26 results, showing revenue growth of 8.33% but a decline in operating profit by 15.97%. 📊 Key Market Update (31 Aug 2026) Current Price (LTP): ₹705.05 Day’s Range: ₹648.20 – ₹707.30 Intraday Gain: +11.92% Market Cap: ~₹13,941 crore Volume Traded: ~67.99 lakh shares worth ₹467.86 crore Sector Performance: Sugar sector gained 3.42%, while BALRAMCHIN outperformed with ~9–12% gains. 📑 Q2 FY26 Results Highlights Total Revenue: ₹1,670.76 crore (+8.33% QoQ, +28.72% YoY) Operating Profit: ₹76.09 crore (↓15.97% QoQ) Net Profit (PAT): ₹53.89 crore (+4.50% QoQ, ↓19.77% YoY) Operating Margin: 4.55% Diluted EPS: ₹2.65 (↓19.94% YoY) Trend: Stock shows early signs of trend reversal after a strong uptrend.