NCL Industries to set up ready mix concrete plant in Andhra Pradesh

NCL Industries Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 502168 | NSE: NCLIND

01 Aug 2012 Evaluate

Cement manufacturer NCL Industries has received an approval to setup one more ready mix concrete plant in Andhra Pradesh. The board at its meeting held on July 31, 2012 has approved for the same.

The company is also planning to invest Rs 150 crore for setting up a 30-MW captive power plant at its Mattapalli cement manufacturing unit in Nalgonda district of Andhra Pradesh.

NCL Industries is in the business of manufacturing cement, cement boards, prefabrication shelters and in hydroelectricity generation. It operates in four divisions: Cement, Boards, Prefab, and Energy.

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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