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23-Mar2018

Anjani Portland Cement rises on getting nod to set up additional clinker producing unit in Telangana

Anjani Portland Cement is currently trading at Rs. 180.35, up by 3.30 points or 1.86% from its previous closing of Rs. 177.05 on the BSE.

The scrip opened at Rs. 180.35 and has touched a high and low of Rs. 180.35 and Rs. 180.35 respectively. So far 10 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 294.00 on 31-Aug-2017 and a 52 week low of Rs. 172.00 on 20-Mar-2018.

Last one week high and low of the scrip stood at Rs. 187.65 and Rs. 172.00 respectively. The current market cap of the company is Rs. 429.98 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.14% and 24.86% respectively.

Anjani Portland Cement has received an approval for setting up of an additional clinker producing unit, at its current plant location in Chintalapalem, Suryapet District, Telangana. The Board of directors of the company at its meeting held on March 22, 2018 has approved for the same.

Anjani Portland Cement is engaged in the business of manufacturing of cement. The company's plant has hands free and fully automated production process with around-the-clock monitoring, sampling and analysis of cement production through its stages from mining to packing.


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