‹ All Posts
saurabh mittal

22nd Oct · SEBI-Registered Analyst

India Cements Ltd The board has approved a ₹4,400 crore investment plan for expansion and modernization

INDIACEM
The board has approved a ₹4,400 crore investment plan for expansion and modernization, including ₹440 crore for adding 2.80 million tonnes capacity (raising total to 17.55 million tonnes) and ₹1,574 crore for plant upgrades, to be completed over two years funded by debt and internal accruals. The company aims to restore profitability by FY27 through a turnaround strategy focused on capacity, efficiency upgrades, and debottlenecking.

#StockInNews
772 likes·57 comments