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Udaipur Cement Works Ltd.

BSE: 530131 Sector: Industrials
NSE: JKUDYOG ISIN Code: INE225C01029
BSE 00:00 | 26 Mar 13.82 -0.24
(-1.71%)
OPEN

14.31

HIGH

14.35

LOW

13.30

NSE 05:30 | 01 Jan Udaipur Cement Works Ltd
OPEN 14.31
PREVIOUS CLOSE 14.06
VOLUME 134876
52-Week high 25.60
52-Week low 11.24
P/E
Mkt Cap.(Rs cr) 430
Buy Price 13.20
Buy Qty 100.00
Sell Price 13.53
Sell Qty 349.00
OPEN 14.31
CLOSE 14.06
VOLUME 134876
52-Week high 25.60
52-Week low 11.24
P/E
Mkt Cap.(Rs cr) 430
Buy Price 13.20
Buy Qty 100.00
Sell Price 13.53
Sell Qty 349.00

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.