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About Udaipur Cement Works
Incorporated in the year 1993, J K Udaipur Udyog manufactures and markets 43-grade cement under the J K Shakti Cement brand.
It has acquired the 8 lac-tpa cement division of Bajaj Hindustan for Rs 147.5 cr. It is now modernising and de-bottlenecking it to increase the capacity to 1 mtpa. The entire exercise costing Rs 220 cr, was part-financed by equity and PCD issues aggregating Rs 66 cr. The plant was taken over in Apr.'94. Since then, it has shown good capacity utilisation, wherein lies the key to the company's success. After acquisition, it was able to solve its technical problems.
The 1-mtpa plant costs Rs 220 cr, only half the regular cost of a greenfield project. As a result, the company will be the first to benefit when the cement industry's fortunes take a turn for the better in north India. The company has been accredited with ISO 9002 Certificate.
Parent Organisation
Singhania Hari S
Managing Director
Vinita Singhania
Founded
1993
NSE Symbol
UDAICEMENT
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What is the share price of Udaipur Cement Works Ltd (UDAICEMENT) shares?
Udaipur Cement Works Ltd (UDAICEMENT) share price as of October 25, 2024, on NSE is Rs 28.45 (NSE) and Rs 28.45 (BSE) on BSE.
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1. Direct investment: You can buy Udaipur Cement Works Ltd (UDAICEMENT) 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 Udaipur Cement Works Ltd (UDAICEMENT) shares.
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