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Deccan Cements Ltd.

BSE: 502137 Sector: Industrials
NSE: DECCANCE ISIN Code: INE583C01013
BSE LIVE 15:40 | 27 Feb 1048.00 -20.05
(-1.88%)
OPEN

1062.00

HIGH

1075.00

LOW

1043.10

NSE LIVE 15:31 | 27 Feb 1051.05 -13.90
(-1.31%)
OPEN

1069.85

HIGH

1073.00

LOW

1041.15

OPEN 1062.00
PREVIOUS CLOSE 1068.05
VOLUME 298
52-Week high 1220.00
52-Week low 505.00
P/E 16.01
Mkt Cap.(Rs cr) 733.60
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1062.00
CLOSE 1068.05
VOLUME 298
52-Week high 1220.00
52-Week low 505.00
P/E 16.01
Mkt Cap.(Rs cr) 733.60
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Deccan Cements Ltd. (DECCANCE) - Company History

Incorporated in Jul.'79, Deccan Cements manufactures cement. The first mini cement plant based on rotary kiln technology started commercial production in Oct.'92. The company was promoted by M B Raju of the Nagarjuna group -- a technocrat enterprenuer. The other companies of the group are DCL Polyesters and Deccan Polypacks. During 1986-87, DCL introduced reinforced suspension preheater technology, from Onoda Engineering & Consulting Company, Japan, to enhance its capacity from 66000 tpa to 99000 tpa. In Aug.'91, it completed the modernisation and expansion programme to double its capacity from 300 tpd to 600 tpd. The company has also commissioned a captive-generation plant to meet nearly 65% of its total power requirement. The company issued PCDs on a rights basis, aggregating Rs 8.66 cr, in Nov.'92 to meet long-term working capital requirements, capital expenditure and to invest in group companies, DCL Polyesters and Deccan Polypacks. The company commissioned the first wind farm in Andhra Pradesh in Feb.'95 which has generated 10.65 lac units of power. The 3.75 MW captive mini hydel plant at Guntur Branch canal, Narasaraopet, Andhra Pradesh, has been commissioned. The company executed the expansion capacity of the cement division from 1,98,000 tonnes to 2,97,000 tonnes per annum 1999-2000. The company had set up a Slag Cement Plant with a capacity of 3,00,000 TPA at an estimated cost of Rs.25 crores and the project was completed during 2002 and commercial production has commenced.