Sanghi Inds jumps as new plant begins
By
Research Desk
about 10 years ago
Sanghi Industries, which makes cement and cement products, is galloping away into the green. The stock is currently up 6% up at Rs.55.30, closer to its intra day high of Rs.56.
The stock is up as the company announced that it has installed a new cement grinding mill having capacity of 1.2 Million Metric Tonne Per Annum (MMTPA) at the company's plant located at Kutch. With this new plant, the company’s total capacity stands to 4.1 MMTPA.
It now proposes to commence work on installation of 15 MW Waste Heat Recovery System (WHRS) in the Company's main plant.