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Heidelbergcement India gains on completing project at Imlai, Jhansi plants

31 Mar 2020 Evaluate

Heidelbergcement India is currently trading at Rs. 141.70, up by 0.60 points or 0.43% from its previous closing of Rs. 141.10 on the BSE.

The scrip opened at Rs. 144.00 and has touched a high and low of Rs. 145.00 and Rs. 139.00 respectively. So far 4819 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.80 on 27-Feb-2020 and a 52 week low of Rs. 120.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 152.85 and Rs. 120.00 respectively. The current market cap of the company is Rs. 3214.51 crore.

The promoters holding in the company stood at 69.39%, while Institutions and Non-Institutions held 18.34% and 12.13% respectively.

Heidelbergcement India has completed debottlenecking projects at Imlai and Jhansi plants within the scheduled timelines and the grinding capacity of these plants stand enhanced to 2.50 Million Tonnes Per Annum (MTPA) and 3.25 MTPA respectively. The aggregate cement grinding capacity of the company stands enhanced to 6.26 MTPA.

Earlier, the company had suspended all its plant operations due to COVID -19 pandemic on Mrach 24, 2020.

Heidelbergcement India with their core products being cement, ready mixed concrete, aggregates and related activities, is one of the leading producers of building materials worldwide.

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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