The stock opened at Rs 544.35 apiece on the National Stock Exchange (NSE) and at Rs 548 on the BSE.
Tata Steel, Sun Pharma, Nestle India, Kotak Mahindra Bank & Tech Mahindra were among the top gainers. While Powergrid & Bajaj Auto were the losers.
Tata Steel reported a 661.34% surge in consolidated net profit to Rs 11918.11 crore on 56.45% rise in total income to Rs 61459.04 crore in Q2 FY22.
Asian stocks are mostly trading higher on Friday following overnight gains for tech stocks stateside as the Nasdaq Composite rebounded.
Anand Rathi is bullish on Balrampur Chini Mills with a price target of Rs 365 per share.
Sensex closed at 59,919.69, down 433.13 points or 0.72%, while the Nifty declined 143.60 points or 0.80% to end the day at 17,873.60.
SIP continued to break records for the seventh month in a row as it touched lifetime highs of Rs 10,518.53 crore in October 2021.
The price band for the leading life sciences company has been fixed at Rs 635-662 per share having a face value of Rs 2 per share.
At 10:30am, Sensex tanked 563.92 points or 0.93% to 59,788.90, while Nifty stood at 17,848.70, down 168.50 points or 0.94%.
MOIL's board has approved buyback of up to 3.38 crore equity shares at Rs 205 each for an aggregate consideration not exceeding Rs 693.77 crore.