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2026-03-24 10:26:12 am | Source: Accord Fintech
Birla Corporation shines as its arm starts third line of production at Kundanganj unit
Birla Corporation shines as its arm starts third line of production at Kundanganj unit

Birla Corporation is currently trading at Rs. 816.90, up by 11.90 points or 1.48% from its previous closing of Rs. 805.00 on the BSE.

The scrip opened at Rs. 807.60 and has touched a high and low of Rs. 823.00 and Rs. 807.60 respectively. So far 376 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1537.15 on 30-Jul-2025 and a 52 week low of Rs. 773.90 on 16-Mar-2026.

Last one week high and low of the scrip stood at Rs. 857.15 and Rs. 789.65 respectively. The current market cap of the company is Rs. 6264.00 crore.

The promoters holding in the company stood at 62.90%, while Institutions and Non-Institutions held 22.02% and 15.08% respectively.

Birla Corporation’s wholly-owned subsidiary -- RCCPL has commissioned the third line of production at its Kundanganj unit in Uttar Pradesh, scaling up production capacity by 1.4 million tons (mt). Post this expansion, Birla Corporation’s consolidated production capacity stands at 21.4 mt, and, as announced by the Company earlier, it is to be further expanded to 27.6 mt by 2028-29. The estimated cost of the Kundanganj expansion is around Rs 300 crore.

The 1.4-mt increase in grinding capacity is expected to create close to 1,00,000 direct and indirect jobs as well as strengthen Birla Corporation’s competitiveness in its core markets in central and eastern Uttar Pradesh. Additional clinker is to be sourced from the company’s integrated units at Satna, Chanderia and Mukutban.

Birla Corporation is also looking to make significant contribution to the Union Government’s drive to promote housing through the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) and other similar schemes. At Kundanganj, the company has invested in state-of-the-art technology to maximize consumption of fly ash to produce Portland Pozzolana Cement or PPC. Birla Corporation has, on a sustained basis, pushed growth in sales of blended cement or PPC.

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