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Sahyadri Industries inches up on getting nod for expansion of Tamil Nadu plant

05 Feb 2021 Evaluate

Sahyadri Industries is currently trading at Rs. 325.50, up by 1.50 points or 0.46% from its previous closing of Rs. 324.00 on the BSE.

The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 336.90 and Rs. 325.10 respectively. So far 7708 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 360.00 on 04-Feb-2021 and a 52 week low of Rs. 53.15 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 360.00 and Rs. 310.30 respectively. The current market cap of the company is Rs. 315.58 crore.

The promoters holding in the company stood at 66.94%, while Institutions and Non-Institutions held 0.01% and 33.05% respectively.

Sahyadri Industries has received approval for expansion of plant situated at Perundurai, Tamil Nadu to increase the capacity of Asbestos Flat Sheet and Non-Asbestos Flat Sheets manufacturing 72000 MT Per Annum. Expected Cost of expansion is Rs 80 crore which would be funded by Debt and Internal accruals. Commencement of commercial production is expected to start in the 4th Quarter of 2021-2022.

Sahyadri Industries is a well known group in Building Material Industry based at Pune. The group founded by Late L. B. Patel, who ventured into the trade to timber and building materials, sensing the Urban and Rural needs for developing shelters to people of all income groups way back in 1947.

Sahyadri Industries Share Price

244.50 -0.50 (-0.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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