Sagar Cements Subsidiary Commences Operations, Boosting Cement Grinding Capacity and Group Capacity
Sagar Cements Ltd.'s subsidiary has expanded its industrial footprint in Madhya Pradesh after successfully commissioning additional installed capacity at its cement manufacturing plant.The company's subsidiary, Sagar Cements (M) Private Limited (SCMPL), has commenced commercial operations of an added installed capacity of 0.5 MTPA (Million Tonnes Per Annum). This expansion occurred at the cement manufacturing plant located in Jeerabad, Tehsil Gandhwani, Dhar District, Madhya Pradesh.
The commissioning of this new unit has significantly enhanced the operational scale of SCMPL. The total cement grinding capacity of the company has increased from 1.0 MPTA to 1.5 MTPA. Consequently, the group cement capacity for Sagar Cements Ltd. currently stands at 11.00 MTPA.
SAGCEM Stock Price Movement
Shares of Sagar Cements Limited are dipping as of 11:56 AM, shedding 0.09% with the stock trading at ₹172.83. The equity has seen limited movement so far today, remaining within an intraday range set between a low of ₹172.00 and a high of ₹175.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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