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Udaipur Cement Works Ltd.

BSE: 530131 Sector: Industrials
NSE: JKUDYOG ISIN Code: INE225C01029
BSE 15:45 | 20 Feb 25.80 -0.35
(-1.34%)
OPEN

26.50

HIGH

26.50

LOW

25.05

NSE 05:30 | 01 Jan Udaipur Cement Works Ltd
OPEN 26.50
PREVIOUS CLOSE 26.15
VOLUME 133748
52-Week high 39.20
52-Week low 21.90
P/E
Mkt Cap.(Rs cr) 762
Buy Price 25.90
Buy Qty 384.00
Sell Price 0.00
Sell Qty 0.00
OPEN 26.50
CLOSE 26.15
VOLUME 133748
52-Week high 39.20
52-Week low 21.90
P/E
Mkt Cap.(Rs cr) 762
Buy Price 25.90
Buy Qty 384.00
Sell Price 0.00
Sell Qty 0.00

Udaipur Cement Works Ltd. (JKUDYOG) - Company History

Incorporated in the year 1993, J K Udaipur Udyog manufactures and markets 43-grade cement under the J K Shakti Cement brand. It has acquired the 8 lac-tpa cement division of Bajaj Hindustan for Rs 147.5 cr. It is now modernising and de-bottlenecking it to increase the capacity to 1 mtpa. The entire exercise costing Rs 220 cr, was part-financed by equity and PCD issues aggregating Rs 66 cr. The plant was taken over in Apr.'94. Since then, it has shown good capacity utilisation, wherein lies the key to the company's success. After acquisition, it was able to solve its technical problems. The 1-mtpa plant costs Rs 220 cr, only half the regular cost of a greenfield project. As a result, the company will be the first to benefit when the cement industry's fortunes take a turn for the better in north India. The company has been accredited with ISO 9002 Certificate.