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
No comments:
Post a Comment