MoneyWorks4Me

Prism Cement successfully bid for 1.2 lakh tons per annum of coal in Coal auction

29 Jun 2016 Evaluate

Prism Cement has successfully bid for 120,000 tonnes per annum of coal from South Eastern Coalfields (A subsidiary of Coal India) in a recently held auction of coal linkages for the cement industry. The Company has secured part fuel requirement for the next 5 years. This allocation by CIL has been made at floor price.

Prism Cement is one of India’s leading integrated Building Materials Company, with a wide range of products from cement, ready-mixed concrete, tiles, bath products to kitchens.

Peers
Company Name CMP
Ultratech Cement 11066.00
Ambuja Cements 358.00
ACC 1158.55
Shree Cement 22749.55
Dalmia Bharat 1595.05
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