New Delhi, Feb. 19 -- Shares of smallcap stock BCL Industries rallied over 7% in trade on Wednesday, February 19, after it received an order worth Rs.134.87 crore for the supply of ethanol to oil marketing companies (OMCs).
The shares of BCL Industries traded in the green throughout the session but witnessed a spike in the last few minutes of the trade following the order book update.
The company informed exchanges in a filing today that BCL Industries Limited along with its subsidiary Svaksha Distillery has been allocated with additional quantity of 23,054 KL of ethanol to be supplied against FCI rice as raw material to OMCs. The total order value stands at Rs.134.87 crore, the filing showed.
Out of the total order, BCL Industries wil...
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