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Deccan Cements Ltd.

BSE: 502137 Sector: Industrials
NSE: DECCANCE ISIN Code: INE583C01021
BSE LIVE 19:40 | 19 Oct 562.40 -7.50
(-1.32%)
OPEN

570.00

HIGH

570.00

LOW

545.00

NSE 19:31 | 19 Oct 567.20 1.80
(0.32%)
OPEN

565.40

HIGH

570.95

LOW

554.25

OPEN 570.00
PREVIOUS CLOSE 569.90
VOLUME 346
52-Week high 639.95
52-Week low 385.00
P/E 16.90
Mkt Cap.(Rs cr) 787
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 570.00
CLOSE 569.90
VOLUME 346
52-Week high 639.95
52-Week low 385.00
P/E 16.90
Mkt Cap.(Rs cr) 787
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.