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HIL gets nod for capex proposal of Rs 34 crore

28 Jan 2023 Evaluate

HIL’s board has approved an estimated capex proposal of Rs 34 crore to enhance the production capacity of AAC Blocks at Chennai plant to meet the growing customer demands. The Board of Directors of the company at its meeting held on January 27, 2023 has approved the same.

The company offers comprehensive building solutions. The company has achieved market leadership by developing and marketing advanced, high quality, innovative, more sustainable products for the building materials industry. The company operations are broadly classified into roofing solutions, building solutions, polymer solutions and others.  

Peers
Company Name CMP
Ultratech Cement 10746.45
Ambuja Cements 349.00
ACC 1136.00
Shree Cement 22215.25
Dalmia Bharat 1619.75
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