Birla Corporation Limited, or BCL, is an India-based holding company that operates in four sectors—cement, jute, vinoleum, and auto trim division. The company is engaged in the business of manufacturing and marketing ordinary Portland cement, Portland slag cement, low-alkali Portland cement, sulphate-resistant cement, jute fibre, cushion vinyl flooring, PVC sheet, and door trims. BCL is among the largest industrial houses in India and was founded by Late Ghanshyam Das Birla in 1919. The company has its headquarters in Kolkata, West Bengal, and its market capitalisation, as of 16 October 2022, is Rs 6,904 crore.
Birla Corpora1tion Limited became a public company in 1919 after its listing on the stock exchanges of India. It is listed on the National Stock Exchange (NSE) under the code BIRLACORPN and the Bombay Stock Exchange (BSE) under the code 500335. The company also forms a part of the Nifty 500, Nifty Smallcap 100, S&P BSE 500, and S&P BSE AllCap indices.
The company markets its products under various brands, including MP Birla Cement Rakshak, MP Birla Cement Perfect Plus, MP Birla Cement Samrat Advanced, MP Birla Cement Unique, and MP Birla Cement Ultimate Ultra, among others. It also manufactures over 120 tonnes of jute products, such as jute yarn, lino hessian, nursery cloth, jute carpets, jute bags, and scrims. The jute products of the company are exported to several international markets, including Europe, Japan, the USA, and others. For the quarter that ended June 2022, the company reported consolidated sales of Rs 2,203.76 crore with a net profit of Rs 61.92 crore.
As per the shareholding pattern of the company, a 62.90% stake in the company is owned by promoters, a 16.78% stake is owned by retail investors, a 13.57% stake is invested in mutual funds, a 4.34% stake is owned by Foreign Institutional Investors (FIIs), and the remaining 2.41% stake belonged to other domestic institutions. The top mutual funds in which the company has invested are Invesco India Smallcap Fund Direct Growth, L&T Infrastructure Fund Direct Growth, ICICI Prudential Small Cap Fund Direct Growth, and Invesco India Tax Plan Direct Growth.
On 17 October 2022, Birla Corporation Limited’s shares were trading at Rs 902.15 at the NSE and Rs 903.00 at the BSE. Birla Corporation shares have provided a one-year return of -36.26%, and their 52-week high and 52-week low prices are Rs 822.80 and Rs 1,649.00, respectively.
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