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Sagar Cements expects 18% growth in production to 2.6 MT in FY18

13 Jun 2017 Evaluate

Sagar Cements is expecting around 18% jump in its production to 2.6 million tonnes (MT) in FY 2017-18. The company is also targeting an overall market growth of 10% on consolidated basis from its captive market spread between South Maharashtra and Odisha.

The company has completed acquisition of a grinding unit located at Anakapally, Visakhapatnam and also has plan to set up a 18 MW coal based & 1 MW solar captive power units at its Mattampally plant.

Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over 3 decades adopting progressive manufacturing practices, whether it relates to maintaining high standards of quality of its products or development of its highly valued human resources or the need to keep the pollution to the barest minimum.


Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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