SAGCEMNSESagar Cements Limited· Cement And Cement ProductsHighPositive
Announced Wed, 10 Jun · 11:52 IST

we are pleased to inform you that one of our subsidiaries, Sagar Cements (M) Private Limited (SCMPL) has successfully commissioned and commenced its commercial operations of additional installed capacity of 0.5 MTPA at its cement manufacturing plant at Jeerabad, Tehsil-Gandhwani, Dhar District in the State of Madhya Pradesh.With the commissioning of the aforesaid unit, SCMPL total cement grinding capacity has increased from 1.0 MPTA to 1.5 MTPA and group cement capacity of the company stands at 11.00 MTPA.

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SAGCEM · price

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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹172.98
prior close
₹172.84
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5+0.1-0.1-0.2-2.9-1.1-0.6+1.2+1.6-0.1+4.4+4.5
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AI summary

Sagar Cements' subsidiary, Sagar Cements (M) Private Limited (SCMPL), has started commercial operations of an additional 0.5 MTPA cement grinding unit at its plant in Jeerabad, Madhya Pradesh. With this addition, SCMPL's total grinding capacity has risen from 1.0 MTPA to 1.5 MTPA. The company's overall group cement capacity now stands at 11.00 MTPA. The expansion is a brownfield addition at an existing facility, supporting the company's growth in central India.

Likely market impact

Positive for shareholders as the expanded capacity enables higher production volumes and potential revenue growth, strengthening Sagar Cements' market position in the region.