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About Deccan Cements
Incorporated in Jul.'79, Deccan Cements manufactures cement. The first mini cement plant based on rotary kiln technology started commercial production in Oct.'92. The company was promoted by M B Raju of the Nagarjuna group -- a technocrat enterprenuer. The other companies of the group are DCL Polyesters and Deccan Polypacks.
During 1986-87, DCL introduced reinforced suspension preheater technology, from Onoda Engineering & Consulting Company, Japan, to enhance its capacity from 66000 tpa to 99000 tpa. In Aug.'91, it completed the modernisation and expansion programme to double its capacity from 300 tpd to 600 tpd. The company has also commissioned a captive-generation plant to meet nearly 65% of its total power requirement.
The company issued PCDs on a rights basis, aggregating Rs 8.66 cr, in Nov.'92 to meet long-term working capital requirements, capital expenditure and to invest in group companies, DCL Polyesters and Deccan Polypacks. The company commissioned the first wind farm in Andhra Pradesh in Feb.'95 which has generated 10.65 lac units of power. The 3.75 MW captive mini hydel plant at Guntur Branch canal, Narasaraopet, Andhra Pradesh, has been commissioned. The company executed the expansion capacity of the cement division from 1,98,000 tonnes to 2,97,000 tonnes per annum 1999-2000.
The company had set up a Slag Cement Plant with a capacity of 3,00,000 TPA at an estimated cost of Rs.25 crores and the project was completed during 2002 and commercial production has commenced.
Parent Organisation
DCL - M B RAJU
Managing Director
P Parvathi
Founded
1979
NSE Symbol
DECCANCE
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Deccan Cements Ltd FAQs
What is the share price of Deccan Cements Ltd (DECCANCE) shares?
Deccan Cements Ltd (DECCANCE) share price as of October 11, 2024, on NSE is Rs 620.15 (NSE) and Rs 620.15 (BSE) on BSE.
Can I buy Deccan Cements Ltd (DECCANCE) from Angel One?
Yes, You can buy Deccan Cements Ltd (DECCANCE) shares by opening a Demat account with Angel One.
How do I buy Deccan Cements Ltd (DECCANCE) from Angel One?
Deccan Cements Ltd (DECCANCE) share can be bought through the following modes:
1. Direct investment: You can buy Deccan Cements Ltd (DECCANCE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Deccan Cements Ltd (DECCANCE) shares.
1. Direct investment: You can buy Deccan Cements Ltd (DECCANCE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Deccan Cements Ltd (DECCANCE) shares.
What is the main business of Deccan cements ?
With a plant capacity of 1.8 million TPA, Deccan Cements Limited (DCL) is a significant cement manufacturer in South India, with more than thirty years of experience in cement production and marketing.
Who are the promoters of Deccan cements ?
Melvillie Finvest Private Limited, Bangar Raju Manthena, and Satyasai Investments & Leasing Limited are the major promoters of Deccan cements.
What are the Subsidiaries that comes under Deccan cements ?
There are no Subsidiaries that come under Deccan cements.
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