KCP surges on commencing commercial production at Muktyala plant

18 Feb 2019

KCP is currently trading at Rs. 80.00, up by 2.15 points or 2.76% from its previous closing of Rs. 77.85 on the BSE.

The scrip opened at Rs. 77.00 and has touched a high and low of Rs. 80.05 and Rs. 76.45 respectively. So far 1658 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 150.10 on 23-Apr-2018 and a 52 week low of Rs. 74.00 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 85.10 and Rs. 74.00 respectively. The current market cap of the company is Rs. 1030.72 crore.

The promoters holding in the company stood at 44.27%, while Institutions and Non-Institutions held 6.78% and 48.94% respectively.

KCP has commenced commercial production for manufacturing of Cement at its Muktyala Line II of 1.66 million tons per annum of cement capacity in Andhra Pradesh. With this expansion, total capacity of the company would be 4.3 million tons per annum. 

The company also commenced construction of a grinding unit with a capacity of 0.5 million tons per annum, at Naidupeta, Nellore District, Andhra Pradesh.

KCP is a diversified 100 million US$ business group with interests in Heavy Engineering, Sugar, Cement, Hydel Power, Information Technology and Biotechnology.

KCP Share Price

107.85 3.45 (3.30%) May 14, 18:01
1 Year Price Chart
Company Name CMP
Ultratech Cement 6367.70
ACC 1877.10
Shree Cement 26720.85
Ambuja Cement 307.00
Dalmia Bharat 1726.80
View more..
Sensex vs KCP
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323