A small oil and alcohol manufacturing company is growing its business, its shares rose 1100% in 3 years

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Shares of smallcap company BCL Industries have given multibagger returns in the last 3 years. During this period the shares of the company were Rs. 40 to Rs. There have been 490. Shares of BCL Industries have gained more than 1100% during this period. Shares of the company Rs. Near the lifetime high of 536.35. BCL Industries recently announced its expansion plans. BCL Industries is engaged in manufacturing of refined oil, mustard oil, basmati rice and liquor.

The company will increase the production capacity to 850 KLPD.
According to a recent exchange filing by BCL Industries, the leading distillery company plans to increase its overall production capacity to 850 KLPD (kilo liters per day) in the next two years. BCL Industries sells soybean refined oil, cotton seed refined oil, palm refined oil under the brand name Home Cook. The company sells vegetable ghee under the names Home Cook and Do Khajoor. The company owns several liquor brands.

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1 lakh made 12 lakh rupees in 3 years
As on 31 July 2020, shares of BCL Industries were trading at Rs. were at 40.40. Company shares on 7 September 2023 Bombay Stock Exchange (BSE) Rs. 490.50 was closed. Shares of BCL Industries have gained 1115% in the last 3 years. If a person invests in BCL Industries shares on July 31, 2020 for Rs. 1 lakh and has retained his investment, the current value of this share is Rs. 12.14 lakh would have been.

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Disclaimer: Information about stock performance is provided here only, not investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.

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