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saurabh mittal

15th Apr · SEBI-Registered Analyst

Shree Cement Ltd chairman HM Bangur expressed optimism on demand outlook and capacity

SHREECEM
chairman HM Bangur expressed optimism on demand outlook and capacity expansion to 80 MTPA by 2030, with all projects on track despite rising energy costs from West Asia tensions. ICICI Group increased stake in Shree Cement among six stocks totaling ₹12,380 Cr, signaling institutional confidence. The integrated model ensures resilient margins amid India's infra boom, with analysts highlighting cost leadership for potential upside.

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