BCL Industries: Porinju Veliyath Latest Stock Pick
Posted: Tue Nov 21, 2017 1:52 pm
BCL Industries is the latest stock pick of Porinju Veliyath. He bought 2 lakh shares on Monday 20th November 2017.
BCL Industries & Infrastructure is an integrated Industry player with businesses in key Industry verticals including vegetable oil refining (physical and chemical), solvent extraction, oil extraction, distillery-ethanol industry, real estate and rice sheller.
BCL Industries is one of the largest vertically integrated agro-based edible oil player in India, with a gross annual turnover of more than Rs. 650 crore and a total management experience of nearly four decades. It is a diversified conglomerate with business interests spread across a variety of sectors. It is the pioneers in discovering and creating innovative and cutting-edge solutions across sectors. Its qualified R&D team and product specialists carry out ongoing new product development, tailored to suit specific requirements.
It is engaged in the manufacturing of Vanaspati, refined oils, expelling of oil from seeds, solvent extraction of oil from seeds, de-oiled cakes and basmati and para-boiled rice. Its integrated edible oil complex is one of the largest integrated units in North India and comprises of several units, with a capacity of processing 1,000 MT per day. It is one of the most modern and vertically integrated edible oil and rice complexes in North India with a loyal customer base and a 300-dealer network spread across Northern India.
BCL is primarily engaged in rice bran oil manufacturing and processing. The integrated edible oil complex is equipped with capabilities to handle all stages of solvent extraction. It is present across the value chain – crushing, solvent extraction, refinery, rice sheller, chemical refinery, physical refinery and a
Vanaspati ghee manufacturing unit and packaging.
In addition to the purchase by Porinju Veliyath, EQ India Fund bought 4,50,000 shares at Rs 109.90 and Om Prakash Chugh bought 75,000 shares at Rs 109.90 on the BSE.
BCL Industries & Infrastructure is an integrated Industry player with businesses in key Industry verticals including vegetable oil refining (physical and chemical), solvent extraction, oil extraction, distillery-ethanol industry, real estate and rice sheller.
BCL Industries is one of the largest vertically integrated agro-based edible oil player in India, with a gross annual turnover of more than Rs. 650 crore and a total management experience of nearly four decades. It is a diversified conglomerate with business interests spread across a variety of sectors. It is the pioneers in discovering and creating innovative and cutting-edge solutions across sectors. Its qualified R&D team and product specialists carry out ongoing new product development, tailored to suit specific requirements.
It is engaged in the manufacturing of Vanaspati, refined oils, expelling of oil from seeds, solvent extraction of oil from seeds, de-oiled cakes and basmati and para-boiled rice. Its integrated edible oil complex is one of the largest integrated units in North India and comprises of several units, with a capacity of processing 1,000 MT per day. It is one of the most modern and vertically integrated edible oil and rice complexes in North India with a loyal customer base and a 300-dealer network spread across Northern India.
BCL is primarily engaged in rice bran oil manufacturing and processing. The integrated edible oil complex is equipped with capabilities to handle all stages of solvent extraction. It is present across the value chain – crushing, solvent extraction, refinery, rice sheller, chemical refinery, physical refinery and a
Vanaspati ghee manufacturing unit and packaging.
In addition to the purchase by Porinju Veliyath, EQ India Fund bought 4,50,000 shares at Rs 109.90 and Om Prakash Chugh bought 75,000 shares at Rs 109.90 on the BSE.