Sagar Cements subsidiary ACL raises grinding capacity to 3 MTPA
SAGCEM · price
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On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 1.1 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Subsidiary Andhra Cements Limited has completed expansion of cement grinding capacity from 1.82 MTPA to 3.00 MTPA at its Sri Durga Cement Works in Dachepalli, Palnadu District, Andhra Pradesh. With this commissioning, the group's total cement manufacturing capacity now stands at 11.75 MTPA.
Positive for growth as added grinding capacity supports higher volumes and future revenue potential.