Birla Corporation Limited is poised to expand its cement production capacity to 9.30 million tons after the completion of its expansion programmes, including the 1.20 million tons proposed capacity increase at Chanderia (Rajasthan) and the 0.60 million tons proposed increase in Durgapur (West Bengal).
The company has also applied to the Ministry of Environment and Forests at New Delhi for further increase in the capacity at Chanderia by another 1.5 million tons and all necessary monitoring activities as per the statutory regulations are in progress. This will take company's total cement capacity to 10.8 million tons and the capacity at Chanderia to more than 5 million tons.
All the debottlenecking projects undertaken at the clinker manufacturing units of the company at Satna (Madhya Pradesh) and Chanderia (Rajasthan) have been completed. Operations at the units concerned have been stabilized and its full benefit will be seen in the current financial year. The cement capacity of the company currently stands at 7.5 million tons.
The stock was trading at Rs.332. The stock hit an intraday high of Rs.337 and low of Rs.328.
The total traded quantity was 1870 compared to 2 week average of 6330.
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