Dalmia Bharat Group to invest Rs 2000 crore for expansion: Report

Dalmia Bharat Ltd. - (Amalgamated) | Cement & Construction Materials | Construction & Infrastructure | BSE: 533309 | NSE: DALMIABHA

05 Dec 2016 Evaluate

In order to expand the capacity of its cement plant in Odisha, Dalmia Bharat Group is reportedly planning to invest Rs 2000 crore. Dalmia Bharat, the flagship company of Dalmia Bharat Group owns 74.6 per cent stake in OCL India, a leading cement maker with the largest market share in Odisha

OCL India with a total installed capacity of 5.4 million tonne per annum distributed between its two manufacturing units in Odisha, has consistently been fulfilling the ‘Make in Odisha’ agenda of the state since 1950.

Peers

Company Name	CMP
Ultratech Cement	11020.00
Ambuja Cements	374.90
ACC	1213.30
Shree Cement	22155.20
Dalmia Bharat	1651.40
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