Shiva Cement is currently trading at Rs 2.67, up by 0.03 points or 1.14 % from its previous closing of Rs. 2.64 on the BSE.
The scrip opened at Rs 2.64 and has touched a high and low of Rs 2.69 and Rs 2.62 respectively. So far 14738 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 5.06 on 19-Jul-2012 and a 52 week low of Rs 2.50 on 26-Jun-2013.
Last one week high and low of the scrip stood at Rs 2.88 and Rs 2.58 respectively. The current market cap of the company is Rs 49.93 crore.
The promoters holding in the company stood at 37.15% while Institutions and Non-Institutions held 0.11% and 62.74% respectively.
Shiva Cement is likely to increase its production capacity to one million tonnes a year (mtpa) with an investment of Rs 270 crore. Currently, the company has capacity of 0.132 mtpa at Rourkela in Odisha. The company has inked pact with ACC, which holds 12.65% stake in the company, in order to sell its entire production.
In order to achieve this capacity, the company has already tied up the term loan with a consortium of banks while the promoters have invested Rs 30 crore. In the second phase, the company plans to further increase the capacity to two mtpa.
Company Name | CMP |
---|---|
Ultratech Cement | 9786.10 |
ACC | 2530.00 |
Shree Cement | 25712.60 |
Ambuja Cement | 622.25 |
Dalmia Bharat | 1797.00 |
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