Udaipur Cement Works Ltd Share Price

Description

• Incorporated in the year 1993, J K Udaipur Udyog manufactures and markets 43-grade cement under the J K Shakti Cement brand. It has acquired the 8 lac-tpa cement division of Bajaj Hindustan for Rs 147.5 cr. It is now modernising and de-bottlenecking it to increase the capacity to 1 mtpa. The entire exercise costing Rs 220 cr, was part-financed by equity and PCD issues aggregating Rs 66 cr. The plant was taken over in Apr.`94. Since then, it has shown good capacity utilisation, wherein lies the key to the company`s success. After acquisition, it was able to solve its technical problems. The 1-mtpa plant costs Rs 220 cr, only half the regular cost of a greenfield project. As a result, the company will be the first to benefit when the cement industry`s fortunes take a turn for the better in north India. The company has been accredited with ISO 9002 Certificate.

• Incorporated in the year 1993, J K Udaipur Udyog manufactures and markets 43-grade cement under the J K Shakti Cement brand. It has acquired the 8 lac-tpa cement division of Bajaj Hindustan for Rs 147.5 cr. It is now modernising and de-bottlenecking it to increase the capacity to 1 mtpa. The entire exercise costing Rs 220 cr, was part-financed by equity and PCD issues aggregating Rs 66 cr. The plant was taken over in Apr.`94. Since then, it has shown good capacity utilisation, wherein lies the key to the company`s success. After acquisition, it was able to solve its technical problems. The 1-mtpa plant costs Rs 220 cr, only half the regular cost of a greenfield project. As a result, the company will be the first to benefit when the cement industry`s fortunes take a turn for the better in north India. The company has been accredited with ISO 9002 Certificate.