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AvH Resources India hikes stake in Sagar Cements to 18.55%

18 Sep 2013 Evaluate

AvH Resources India has increased its stake in Sagar Cements from 15.68% to 18.55% through an open market transaction. The increase in stake was done through purchase of over 498,179 lakh shares on September 13 on Bombay Stock Exchange (BSE).

Sagar Cements has one of the most modern mini cement plants in the state of Andhra Pradesh. The most sophisticated state-of-the-art technology it uses is one of the strengths of the company.

Peers
Company Name CMP
Ultratech Cement 11081.00
Ambuja Cements 386.00
ACC 1236.75
Shree Cement 22337.15
Dalmia Bharat 1720.35
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