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Sagar Cements plans to raise funds for expansion

13 Oct 2016 Evaluate

Sagar Cements, one of the leading cement manufacturers in India, is planning to raise funds to finance expansion of its grinding unit in Vizag (Andhra Pradesh) as well as to set up a coal based power plant at its unit in Nalgonda (Telangana). Meeting of board of directors of the company will be held on October 19, 2016 to consider the said proposals.

Sagar Cements is one of the most modern mini cement plants in the state of Andhra Pradesh. The plant is based on Dry Process Rotary Kiln Technology that is used in ‘Standard Quality' cement companies.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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