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Birla Corporation is looking at overseas opportunities for acquisition of cement facilities. The company is also planning to set up a 1-million-tonne cement plant in Assam for an investment of Rs 500 crore. The company plans to invest Rs 2,350 crore to expand capacity to 11.5 million tonnes from 7 million tonnes in the next four years.

 

The company has recently been allocated a coal block by the Madhya Pradesh Government. However, possibilities of gaining limestone mining lease over 2,130 hectares in Madhya Pradesh is bogged down in litigation.crackcrack
Peers
Company Name CMP
Ultratech Cement 11187.70
Ambuja Cements 392.50
ACC 1251.40
Shree Cement 22314.55
Dalmia Bharat 1743.45
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