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Deccan Cements Ltd.

BSE: 502137 Sector: Industrials
NSE: DECCANCE ISIN Code: INE583C01021
BSE LIVE 15:25 | 14 Dec 552.70 9.30
(1.71%)
OPEN

550.00

HIGH

553.00

LOW

542.00

NSE 15:48 | 14 Dec 545.05 -6.55
(-1.19%)
OPEN

551.00

HIGH

554.85

LOW

545.00

OPEN 550.00
PREVIOUS CLOSE 543.40
VOLUME 228
52-Week high 639.95
52-Week low 430.75
P/E 18.15
Mkt Cap.(Rs cr) 774
Buy Price 543.05
Buy Qty 4.00
Sell Price 552.70
Sell Qty 9.00
OPEN 550.00
CLOSE 543.40
VOLUME 228
52-Week high 639.95
52-Week low 430.75
P/E 18.15
Mkt Cap.(Rs cr) 774
Buy Price 543.05
Buy Qty 4.00
Sell Price 552.70
Sell Qty 9.00

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.