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Andhra Cements Ltd.
Andhra Cements
Andhra Cements Ltd. live price is ₹ 0.00. Price change 0.00, 0.00 percent.
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Construction Materials
Small-cap - With a market cap of ₹4.46 Cr.
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Company Profile
Andhra Cements, incorporated on December 9, 1936 is engaged in manufacturing and selling of cement. The Goenka Group took over the company in 1995. The two cement plants, located in Vishakapatnam and Dachepalli have a combined installed capacity of 1.4 million tonne (MT) per annum.
The company operates, through a network of dealers for sale of its products. The company had two operative plants at Dachepalli, Guntur district (Andhra Pradesh) and Visakhapatnam (Andhra Pradesh). Its major markets include Andhra Pradesh, Tamilnadu, Orissa and Karnataka.
In 2010 Andhra Cements Ltd Company's shares were listed on National Stock Exchange of India Ltd (NSE) w.e.f. November 08, 2010
In 2011 Kolkata-based GP Goenka group concluded a deal with Jaypee Development Corp. Ltd, a privately held unit of the Jaypee Group, to sell a controlling stake in Andhra Cements Ltd.
Products:
Ordinary Portland cement (OPC) and Pretoria Portland cement (PPC).