Andhra Cements surges on executing 6 MW Solar Power Plant
Andhra Cements is currently trading at Rs. 85.63, up by 1.05 points or 1.24% from its previous closing of Rs. 84.58 on the BSE.
The scrip opened at Rs. 85.90 and has touched a high and low of Rs. 86.17 and Rs. 84.58 respectively. So far 4613 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.10 on 03-Oct-2024 and a 52 week low of Rs. 48.25 on 28-Mar-2025.
Last one week high and low of the scrip stood at Rs. 93.09 and Rs. 71.90 respectively. The current market cap of the company is Rs. 785.77 crore.
The promoters holding in the company stood at 90.00%, while Institutions and Non-Institutions held 0.34% and 9.66% respectively.
Andhra Cements has implemented and fully operationalized 6 MW solar power plant at the company's cement manufacturing plant at Gamalapadu, Palnadu, in the state of Andhra Pradesh, as part of green energy initiative.
Andhra Cements is engaged in manufacturing and selling of cement. The company operates, through a network of dealers for sale of its products. Their product include Ordinary Portland cement (OPC) and Pretoria Portland cement (PPC).
