DIIs bought 1,46,000 shares: Multibagger penny stock below Rs 50; Board likely to announce dividend next week

DSIJ Intelligence-1 / 05 Aug 2025/ Categories: Multibaggers, Penny Stocks, Trending

DIIs bought 1,46,000 shares: Multibagger penny stock below Rs 50; Board likely to announce dividend next week

The stock is up by 35.52 per cent from its 52-week low of Rs 33 per share and has given multibagger returns of 945 per cent in 5 years.

On Tuesday, shares of BCL Industries Ltd plunged 0.7 per cent to Rs 44.11 per share from its previous closing of Rs 44.41 per share. The stock’s 52-week high is Rs 68.83 per share while its 52-week low is Rs 33 per share. 

A Board of Directors meeting for BCL Industries Ltd is scheduled for Tuesday, August 12, 2025, at the company's Registered Office. Key agenda items for this meeting include: considering and approving the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2025; discussing the shifting of the company's registered office within Bathinda city; fixing the date and time for the 49th Annual General Meeting (AGM) and approving related matters; and fixing the Record Date for the purpose of dividend declaration for the financial year 2024-25, in compliance with Regulation 42(1)(a).

Earlier. The company received a letter of acceptance (LOA) to supply 59 lakh litres of Extra Neutral Alcohol (ENA) to Rajasthan State Ganganagar Sugar Mills Limited from its Bathinda distillery over the next six months, with an option for an additional 50 per cent. This follows a previous order for 60 lakh litres received on November 26, 2024, of which the company supplied approximately 69 lakh litres by June 30, 2025. The company has also acquired 69,70,000 equity shares in Pioneer Industries Private Limited for approximately Rs 30.8 crore, priced at Rs 44.18 per share. This increases BCL's stake from 4.36 per cent to 19.57 per cent. Pioneer Industries, an agri-processing company in Pathankot, Punjab, operates a 400 KLPD ENA/Ethanol unit and a vital wheat gluten unit. It reported a turnover of Rs 530.21 crore for FY 2023-24.

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About the Company

Incorporated in 1975, BCL Industries Limited, a Mittal Group agro-processing company, stands as one of India's largest manufacturers with strong expertise in grain procurement. Its diverse business portfolio spans the edible oil & vanaspati sector, real estate development, and a prominent distillery segment. In the distillery business, the company is a notable grain-based ethanol producer, active in both ENA (Extra Neutral Alcohol) and IMIL (Indian Made Indian Liquor) markets, offering popular country liquor brands such as Green Apple Vodka and Punjab Special Whisky.

According to Quarterly Results, the net sales increased by 21 per cent to Rs 743.43 crore and the net profit increased by 16 per cent to Rs 27.56 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 32 per cent to Rs 2,909.60 crore in FY25 compared to Rs 2,200.62 crore in FY24 while the net profit increased by 7 per cent to Rs 102.85 crore in FY25 compared to Rs 95.91 crore in FY24.

In Q1FY26, DIIs took a fresh entry and bought 1,46,000 shares or 0.05 per cent stake. The company has a market cap of over Rs 1,300 crore with a PE of 14x whereas the industry PE is 32x. The stock is up by 35.52 per cent from its 52-week low of Rs 33 per share and has given multibagger returns of 945 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.