Nuvoco Vistas Corporation Approves Establishing Bulk Cement Terminal in Gujarat
Nuvoco Vistas Corporation Limited announced the approval of setting up a new bulk cement terminal in Viramgam, Sachana, Gujarat. The facility is designed to significantly expand the company's operational reach and distribution network across the Gujarat market.The company’s Board approved the establishment of the terminal, which will feature a dedicated railway siding. The planned infrastructure includes a handling capacity of approximately 1.5 MMTPA.
This new bulk cement terminal will enhance operational efficiency by facilitating the unloading, storage, and dispatch of both loose and packed cement through streamlined processes.
The strategic distribution hub is expected to play a key role in the company's market expansion efforts. Nuvoco Vistas Corporation has targeted the commissioning of the facility by the Financial Year (FY) 2027-2028.
NUVOCO Stock Price Movement
Nuvoco Vistas Corporation Limited shares slipped by 1.84% on Monday, closing at ₹306.7. The equity settled through Monday's session amid a trading volume of 271,716 shares.Source:
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