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Orient Cement Ltd.

BSE: 535754 Sector: Industrials
NSE: ORIENTCEM ISIN Code: INE876N01018
BSE LIVE 12:38 | 15 Dec 160.50 -0.10
(-0.06%)
OPEN

164.25

HIGH

164.40

LOW

160.50

NSE 12:25 | 15 Dec 160.85 0.10
(0.06%)
OPEN

162.80

HIGH

163.90

LOW

160.50

OPEN 164.25
PREVIOUS CLOSE 160.60
VOLUME 2080
52-Week high 182.00
52-Week low 114.80
P/E 61.03
Mkt Cap.(Rs cr) 3,289
Buy Price 160.15
Buy Qty 547.00
Sell Price 160.50
Sell Qty 33.00
OPEN 164.25
CLOSE 160.60
VOLUME 2080
52-Week high 182.00
52-Week low 114.80
P/E 61.03
Mkt Cap.(Rs cr) 3,289
Buy Price 160.15
Buy Qty 547.00
Sell Price 160.50
Sell Qty 33.00

Orient Cement Ltd. (ORIENTCEM) - Chairman Speech

Company chairman speech

Orient Cement is reinventing itself in a number of ways.

The most exciting development that I need to communicate to our shareholders is one ofa dramatic transformation.

Primarily the transformation is in the organizational mindset. We are hungrier forgrowth fast-moving in responsiveness accepting of new technologies recruiter of youngtalent and a willing trier of new ideas. The sum of these transformations is that even aswe were considered to be a regional company till recently the transformed Orient Cementaspires to be a serious pan-India player.

I am pleased to report that even as we had drawn out a target to transform ourconsolidated cement manufacturing capacity from 5 mn tonnes per annum a few years ago to15 mn tonnes per annum by 2020 we are expecting to reach a capacity of 12 mn tonnes perannum almost three years ahead of our target.

In this microcosm lies a picture of the transformed company: give Orient Cement achallenging problem and the employees will respond as a single team to outperform andover-achieve. This DNA provides me with the confidence that the company will rise to itstrue potential and enhance value for all its stakeholders across the foreseeable future.

Chandrakant Birla Chairman