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Shree Cement Limited ( (IN:SHREECEM) ) has provided an announcement.
Shree Cement Limited has fully commissioned its integrated cement plant at Village Kodla in Karnataka’s Kalaburagi district by bringing a 3.50 MTPA cement mill online. The cement capacity of this unit, initially planned at 3.0 MTPA, was optimized to 3.50 MTPA at commissioning through equipment and process improvements.
With the latest commissioning, the company’s total cement capacity at Kodla has risen to 6.50 MTPA, taking its overall India cement capacity close to 70 MTPA. This expansion bolsters Shree Cement’s production base in South India and supports its broader growth strategy in the domestic cement market.
More about Shree Cement Limited
Shree Cement Limited is a major Indian cement producer with operations across multiple states and an overall cement capacity now nearing 70 million tonnes per annum. The company focuses on integrated cement plants and capacity expansion to strengthen its position in key regional markets such as Karnataka and enhance its national footprint.
Average Trading Volume: 2,762
Technical Sentiment Signal: Sell
Current Market Cap: 828.3B INR
Find detailed analytics on SHREECEM stock on TipRanks’ Stock Analysis page.