Anjani Portland Cement, a subsidiary of Chettinad Cement Corporation which holds 75% equity, is in the limelight after it announced today morning that its 16 MW coal based Captive Power Plant has been commissioned successfully at the Factory's cement plant in Telangana.

The company probably had had one of its best quarterly performance ever in Q3FY17 with net sales up 22% (QoQ) and net profit going up 59% at Rs.14 crore. EBITDA was at Rs.23 crore, up 30% while margins jumped up from 23.89% to 25.94%. Its interest outgo came down by 20%.

The stock price rose 5% to Rs.174. Its 52-week high is at Rs.197.