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Dalmia Bharat Ltd. ( (IN:DALBHARAT) ) has provided an announcement.
Dalmia Bharat Limited announced the commencement of commercial production at its Cement Grinding Unit in Rohtas, Bihar, increasing its capacity by 0.5 MTPA to a total of 1.6 MTPA. This expansion raises the group’s overall cement manufacturing capacity to 49.5 MTPA, positioning the company to better serve the growing cement market in the Eastern region of India. The investment of approximately Rs. 96 crore was financed through a mix of debt and internal accruals, reflecting the company’s strategic growth initiatives.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited is a prominent player in the cement industry, focusing on the production and distribution of cement and related products. The company is part of the Dalmia Bharat Group and has a significant presence in the Indian market, with a strategic focus on catering to the growing demand in the Eastern region.
YTD Price Performance: 2.67%
Average Trading Volume: 9,524
Current Market Cap: 341.3B INR
For detailed information about DALBHARAT stock, go to TipRanks’ Stock Analysis page.