Announced Thu, 6 Aug · 22:17 IST
Mangalam Cement commissions 15.17 MW captive solar power plant in Rajasthan
MANGLMCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.4%1-day move
₹940.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.4-3.6-3.8-4.0-4.6-7.1————
Up moveDown movePending
AI summary
Mangalam Cement has commissioned a 15.17 MW (AC) / 22 MW (DC) captive solar power plant in Barmer, Rajasthan through Suryadeep RJ-1 Projects under a group captive mechanism. Solar power supply to the company commenced from 6th August 2026. Expected to reduce power costs and increase renewable energy share in the company's power mix.
Likely market impact
Lower power costs and higher renewable share should support margins. Positive for long-term cost efficiency.