The Cement major India Cements has incorporated a new subsidiary namely -- India Cements Infrastructure -- for infrastructure business during the fourth quarter.
After the incorporation, the first project which the company bagged was from Kerala for laying pipeline for a water drainage project. As of now, the company has orders worth Rs 120 crore.
India Cements manufactures Ready to Mix concrete (RMC)-53 grade cement. Its Coromandel King, Sankar Sakthi and Raasi Gold are 53 grade OPC (Ordinary Portland Cement), which are high strength cement used for building runways, concrete roads and bridges.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11887.30 |
| Ambuja Cement | 458.95 |
| ACC | 1431.85 |
| Shree Cement | 25301.95 |
| Dalmia Bharat | 1972.55 |
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