InvestorQ : Is India Cements on a capacity expansion spree?
Arusha Ray made post

Is India Cements on a capacity expansion spree?

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3 months ago
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India Cements is setting up a new plant in Madhya Pradesh and will also debottleneck capacity at its existing plants. It also plans to repay Rs.551 crore of debt during FY22. This was mentioned as N Srinivasan and his daughter Rupa Gurunath addressed the AGM. India Cements is getting the benefit of lower input costs, unlike last year when cost of coal, power and fuel had spiked. South Cement demand is driven by new housing, roads and irrigation.

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