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Sanghi Industries rises on plan to invest Rs 275 crore in next 18 months

28 Jun 2013 Evaluate

Sanghi Industries is currently trading at Rs. 17.50, up by 0.10 points or 0.57% from its previous closing of Rs. 17.40 on the BSE.

The scrip opened at Rs. 16.95 and has touched a high and low of Rs. 17.50 and Rs. 16.95 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.35 on 29-Oct-2012 and a 52 week low of Rs. 13.20 on 03-Aug-2012.

Last one week high and low of the scrip stood at Rs. 17.50 and Rs. 15.60 respectively. The current market cap of the company is Rs. 384.96 crore.

The promoters holding in the company stood at 61.03%, while Institutions and Non-Institutions held 3.50% and 35.47% respectively.

Sanghi Industries is likely to spend Rs 275 crore in the next 18 months. Out of this, it will invest Rs 150 crore on acquiring ships and setting up new jetties/terminals, while Rs 125 crore will be spent on increasing capacity at its Kutch plant. The company is also looking for the possibility of setting up jetties and packaging and marketing centres at Goa and Kochi (Kerala).

Sanghi Industries was initially established with the aim of manufacturing PVC foam leather cloth. Thereafter, it had extended its production process to items like PVC self adhesive tapes, tarpaulins, and cements. Now it is India’s largest single steam cement plant.

Sanghi Ind. Amalgam Share Price

50.15 0.00 (0.00%)
02-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 12093.50
Ambuja Cement 446.60
ACC 1415.30
Shree Cement 24954.15
Dalmia Bharat 1976.75
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