Sanghi Industries is currently trading at Rs. 59.10, up by 0.20 points or 0.34% from its previous closing of Rs. 58.90 on the BSE.
The scrip opened at Rs. 59.00 and has touched a high and low of Rs. 61.65 and Rs. 59.00 respectively. So far 2,331 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.75 on 30-Jan-2015 and a 52 week low of Rs. 24.90 on 14-Jul-2014.
Last one week high and low of the scrip stood at Rs. 63.75 and Rs. 52.50 respectively. The current market cap of the company is Rs. 1,300.00 crore.
The promoters holding in the company stood at 71.03% while Institutions and Non-Institutions held 5.60% and 23.37% respectively.
Sanghi Industries has set up new grinding unit with a capacity of 1.2 million tonnes per annum (MTPA) at its plant in Kutch. The new unit will increase the company’s cement production capacity to 4.1 MTPA from the present 2.9 MTPA currently. The company has invested around Rs 125 crore in this new facility. Further, the company will invest Rs 150 crore to develop this Green Energy project and expects to commission it in next two years.
Sanghi Industries is a manufacturer of Clinker and Cement. Sanghi Cement is produced at the world’s largest single-stream cement plant located at Sanghipuram in the Abdasa Taluka of Kutch district in Gujarat.
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