India, May 23 -- The shares of this small-cap company, engaged in sugar manufacturing, distillery operations and power co-generation, remain in focus after the company announced plans to diversify its business and reduce dependence on its core sugar segment.

With the market capitalization of Rs. 10,887 Crores, the shares of Balrampur Chini Mills Ltd were trading at around Rs. 539 per share which is 14 percent discount from its 52 week high of Rs. 628 per share and is trading at a P/E of 28.7 whereas industry P/E stands at 13.3

Moving Beyond the Sugar Business Balrampur Chini Mills Limited is going through a major business transition as the company looks to reduce its dependence on the traditional sugar business. Management said India ...