SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Heidelberg Cement gets nod for raising funds up to Rs 2,000 crore

13 Jun 2013 Evaluate

Heidelberg Cement has bagged its shareholders nod for raising funds up to Rs 2,000 crore through borrowings. At its annual general meeting on May 16, the shareholders had approved the proposal. The entity has decided to sell its 0.6 million tonnes per annum (mtpa) cement grinding facility in Raigad to JSW Group, which has a capacity to produce 5-mtpa cement in India.

With this initiative, the company sticks to the philosophy of divesting less strategic assets with lower margins to focus on more strategic and key operations in Central India. The company has decided to look at all organic and inorganic paths of growth.

Heidelberg Cement Share Price

160.10 1.65 (1.04%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×