Price when posted : BSE: Rs. 14.23
If you read the R.P. GUPTA interview of year 2017 on May / June , he said,this lime stone mine is having a virgin lime of 120 million tons of reserves of limestone cement grade. This sort of reserves is not available with any virgin limestone mine in the entire Odisha, Bengal, Bihar. We also have 175 acres of land which gives us the opportunity to expand through them. The eastern zone is mostly importing clinker from Chhattisgarh, because there are no limestone reserves in this eastern zone making the clinker at Shiva Cement very important. Transporting it gives itself substantial benefits of Rs 350 to 400 per tonne in terms of freight charges. Besides the cement capacity, whatever is built here in Shiva Cement is ideally located having Jharkhand nearby. Coal mines are also nearby so whatever cement capacity is created in the Shiva Cement, that EBITDA per tonne will be certainly higher in comparison to industry average. RP Gupta: Current capacity utilization is irrelevant because it was 0.2 million tonne within a span of one and a half to two years. In their first phase they will be upgrading to another 1.2 million tonne. They can better authenticate and can further plan to aid cement and clinker capacity. Now MR. PARTH JINDAL had made it clear in one of his notes or interviews, that once FIRST EXPANSION of 1 million ton cement is complete, ( along with 1.4 million ton clinker too ). Then after ONE FULL YEAR OF THIS EXPANSION CAPACITY COMPLETION, shiva cement will go " ANOTHER ROUND OF EXPANSION " In my view, this second expansion , can be again for ONLY CLINKER CAPACITY ADDITION and more cement capacity addition or BOTH, and they will bring total capacity to 4.8 million tons .
Why is the message offensive? Please click on the reason below to notify the moderating team. Marking good messages offensive will put you on the moderating team`s radar.
Repost this message
If you read the R.P. GUPTA interview of year 2017 on May / June , he said,this lime stone mine is having a virgin lime of 120 million tons of reserves of limestone cement grade. This sort of reserves is not available with any virgin limesto...
Thank you for reposting this message.