DIIs bought 1,46,000 shares: Multibagger Penny Stock Below Rs 50 jumps over 9 per cent on July 21

DSIJ Intelligence-1 / 21 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

DIIs bought 1,46,000 shares: Multibagger Penny Stock Below Rs 50 jumps over 9 per cent on July 21

The stock is up by 46.33 per cent from its 52-week low of Rs 33 per share and has given multibagger returns of over 1,000 per cent in 5 years.

On Monday, shares of BCL Industries Ltd jumped over 9 per cent to Rs 48.29 per share from its previous closing of Rs 44.21 per share. The stock’s 52-week high is Rs 68.90 per share while its 52-week low is Rs 33 per share. The shares of the company saw a spurt in volume by more than 4 times on the BSE.  

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.

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The company has also acquired 6,970,000 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.

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 1,400 crore with a PE of 15x whereas the industry PE is 34x. The stock is up by 46.33 per cent from its 52-week low of Rs 33 per share and has given multibagger returns of over 1,000 per cent in 5 years.

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