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Burnpur Cement Ltd.

BSE: 532931 Sector: Industrials
NSE: BURNPUR ISIN Code: INE817H01014
BSE LIVE 11:45 | 28 Mar 11.05 -0.22
(-1.95%)
OPEN

11.35

HIGH

11.45

LOW

10.95

NSE LIVE 11:46 | 28 Mar 11.00 -0.25
(-2.22%)
OPEN

11.30

HIGH

11.45

LOW

10.95

OPEN 11.35
PREVIOUS CLOSE 11.27
VOLUME 229341
52-Week high 17.50
52-Week low 8.82
P/E
Mkt Cap.(Rs cr) 95.16
Buy Price 11.00
Buy Qty 21726.00
Sell Price 11.10
Sell Qty 2934.00
OPEN 11.35
CLOSE 11.27
VOLUME 229341
52-Week high 17.50
52-Week low 8.82
P/E
Mkt Cap.(Rs cr) 95.16
Buy Price 11.00
Buy Qty 21726.00
Sell Price 11.10
Sell Qty 2934.00

Burnpur Cement Ltd. (BURNPUR) - Company History

Burnpur Cement Limited was incorporated on June 19, 1986 as Ashoka Concrete and Allied Industries Private Limited. The company has started its operation in October 1991 with a small plant of 30 TPD at Asansol to produce Portland Slag Cement (PSC). The company name was changed to Burnpur Cement Private Limited on September 18, 2001. The company was subsequently converted into a public limited company and the name was changed to Burnpur Cement Limited in November 12, 2001. Presently the plant is producing 1000 TPD cement and is a major producer in the eastern region. The Company is one of the few cement manufacturers of Eastern India having its market presence in West Bengal, Jharkhand and Bihar. The company intends to expand its network in Orissa, Madhya Pradesh, Uttaranchal, Haryana and Delhi in the near future. The Company was initially engaged in trading activities. The production phase was ushered in with the commissioning of the Plant in October 1991. A slow and steady commissioning of other units led to a gradual stepping up of production over the years. Expansion of facilities over the years has resulted in a capacity of 1000 TPD of cement making. The Company has earned brand recognition for consistent product quality, customer satisfaction, marketing network etc. For its consistent and continuous endeavors the company has received ISO-9001:2000 in 2004. The capacity of the grinding unit has not been optimally utilized due to non-availability of clinker. Considering the constraints in availability of raw material (clinker) and also for planned expansion in the cement sector the company has decided to set up an 800 TPD expendable to 1600 TPD Clinkerisation and Cement grinding unit at Patratu Hazaribagh, Jharkhand which is approximately 3.0 km away from Patratu Thermal Power Station and about 10-15 kms from vast limestone deposits. The company has entered into a Memorandum of Understanding with the Government of Jharkhand on March 23, 2006 whereby the government has undertaken to extend assistance for promotion and establishment of the above project in the Industrial area of Jharkhand. Ranchi Industrial Area Development Authority has allotted 60 Acres of land at Patratu Industrial area. The company has already applied for limestone mining rights to Jharkhand Mineral Development Corporation (JMDC) on the 27th of September 2006 and the approval for the same is expected in due course.