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Tuesday, 7 February 2017

Update on Andhra cement:
As per our reliable source, cement giants Shree Cement, Ultratech and FMCG Emami group are in race to acquire Andhra cement

Presently, Andhra cement is operating only at 40-45% capacity.Post acquisition, co can ramp up production to 80-90% easily and turn profitable

With JSW acquiring Shiva ( which is a mini cement plant), share price of Shiva shot upto 18.50

When Andhra cement has 2.6 million ton capacity, stock can be 50-60 within 1 year after acquisition

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