Shri Keshav Cement & Infra shines on getting nod to expand cement manufacturing capacity
Shri Keshav Cement & Infra is currently trading at Rs. 109.10, up by 7.30 points or 7.17% from its previous closing of Rs. 101.80 on the BSE.
The scrip opened at Rs. 96.00 and has touched a high and low of Rs. 109.50 and Rs. 96.00 respectively. So far 13549 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.00 on 22-Aug-2022 and a 52 week low of Rs. 45.00 on 09-Dec-2021.
Last one week high and low of the scrip stood at Rs. 114.85 and Rs. 96.00 respectively. The current market cap of the company is Rs. 129.55 crore.
The promoters holding in the company stood at 73.03% and Non-Institutions held 26.97%.
Shri Keshav Cement & Infra has received approval to expand the cement manufacturing capacity to 3000 TPD (i.e. 1 Million TPA). The board of directors of the Company at its meeting held on November 02, 2022, has approved the same. The feasibility study for expanding the cement manufacturing capacity to 3000 TPD was undertaken by the company.
Shri Keshav Cement & Infra (KCIL), formerly Katwa Udyog) is engaged in manufacturing cement. It is the manufacturer of high strength Jyoti cement.