Orient Cement Expansion In Karnataka

Orient Cement Expansion In Karnataka

· Orient Cement has outlined a capital expenditure of around US444m for the expansion plan, to be funded through internal accruals and debt. Currently the company operates in Telangana and three regions of Maharashtra: Khandesh, Vidarbha, Marathwada. The expansion will give Orient Cement access to markets in Karnataka and central India. …

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Orient Cement announces expansion plans

The company has applied for environmental clearance to expand clinker and grinding capacity in Devapur, Telangana, and Chittapur, Karnataka, alongside plans to construct …

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Orient Cement Ltd. News

UltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Adani Cement, following a 23% stake in India Cements. Valued at Rs 6,417.51 crore or $109-110 per ton, Orient Cement's acquisition might finalize by July 19, pending Telangana expansion contingency.

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KTR lays foundation for ₹2,000-cr. cement plant expansion

Industries Minister K.T.Rama Rao on Monday laid the foundation stone for a ₹2,000-crore expansion of the Orient Cement manufacturing unit in Devapur, Mancherial. The project will generate direct ...

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Orient Cement Shares Surge 5.5% Amid UltraTech's …

July 04, 2024 at 10:43 am EDT. Shares of Orient Cement Limited (NSEI:ORIENTCEM) surged 5.5% to the day?s high of INR 323.85 on BSE as UltraTech Cement Limited …

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Arun Kumar GR

Manager technical Services at Orient Cement Ltd · Results-driven technical services manager with a demonstrated track record of success. Led a team of 12, overseeing the launch of a new product that resulted in a 20% increase in market share. Streamlined mobile lab usage, resulting in a 15% increase in efficiency. Managed and resolved …

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Orient Cement Limited (Revised) October 09, 2023

located at Telangana, Maharashtra and Karnataka. The company sells cement under the brand name. f 'Birla A1' and 'Birla A1 StrongCrete'. The company has recently launched another. Brief Financials (₹ crore) March 31, 2022 (A) March 31, 2023 (A) Q1FY24 (UA) Total operating income. 2,727.06.

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Orient Cement Limited Commissions its New Cement Plant in Karnataka

Orient Cement Ltd has informed BSE that the Company has commissioned and started commercial production at its new greenfield integrated cement plant from September 26, 2015. The new project, located near Chittapur, District Gulbarga, Karnataka has an installed capacity of 3.0 million tonnes per annum (MTPA). << Previous Orient Cement …

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Orient Cement

31 January 2023. India: Orient Cement recorded sales of US$89.2m in the third quarter of its 2023 financial year, up by 18% year-on-year from US$75.3m in the third quarter of its 2022 financial year. The producer's profit was US$3.36m, down by 37% year-on-year from US$5.32m. Published in Global Cement News.

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Orient Cement Eyeing Brownfield Expansion in Karnataka

Orient Cement is eyeing brownfield expansion in the Karnataka region for an investment of Rs 1,600 crore. The company is expecting to start the construction of the expansion project in the next six-seven months. The expansion will take around 18 months before the capacity kicks in.

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Orient Cement plans expansion of Chitapur unit

Orient Cement is planning to expand its cement plant in Itagi village near Chitapur in Kalaburgi district of Karnataka. The project involves expanding clinker capacity from 2.0 mtpa to 5.0 mtpa, cement production capacity from 3.0 mtpa to 7.0 mtpa, captive power plant of 50 MW. Limestone requirement will be met from captive limestone mines.

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Build your homes with Orient Cement Cement In India.

Get In touch with us; Orient Cement Limited CIN: L26940OR2011PLC013933 5-9-22/57/D, 2nd, 3rd & 4th Floor, G P Birla Centre, Adarsh Nagar,Hyderabad,

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Orient Cement starts Telangana unit expansion

The official said that the C.K. Birla Group company has sufficient land at its existing plant for the expansion and has obtained the necessary regulatory approvals. According to reports, Orient Cement plans to expand its overall capacity to 12 mln tn by 2025, from 8.5 mln tn currently. The company has plants in Karnataka, Maharashtra …

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BUY Orient Cement Limited 160

The company's capacity expansion at its Chitapur plant in Karnataka (3 mtpa Clinker and 3 mtpa Grinding unit) is awaiting environment clearance and work is expected to start by …

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Orient Cement | LinkedIn

Orient Cement | 35,882 followers on LinkedIn. One of India's fastest growing and leading cement manufacturers. | Established in 1979, Orient Cement was formerly, a part of Orient Paper & ...

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Orient Cement Limited

Orient Cement Ltd Cement 1 Capacity Expansion & Premiumization to Drive Growth Summary CMP (Rs) ... Orient Cement (OCL) reduced its long-term debt in FY23 by 34% to Rs 98 Cr from Rs 148 Cr in FY22. However, its net debt increased by 19% ... (Karnataka), and Jalgaon (Maharashtra) with a total cement manufacturing capacity …

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Orient Cement announces expansion plans

The company has applied for environmental clearance to expand clinker and grinding capacity in Devapur, Telangana, and Chittapur, Karnataka, alongside plans to construct additional grinding capacity in the eastern market. The expansion plans are expected to be completed by FY23, depending on the receipt of the clearances. …

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Orient Cement plans expansion of Chitapur unit

Orient Cement is planning to expand its cement plant in Itagi village near Chitapur in Kalaburgi district of Karnataka. The project involves expanding clinker capacity from 2.0 …

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Karnataka

06 March 2024. India: Everest Industries is constructing a fibre cement boards and wall panels plant in Chamarajanagar district, Karnataka, with an investment of US$22.6m. The new facility, located on an 8.09 hectare plot in the Kellambali-Badanaguppe industrial area, will be operational later in March 2024. It will produce 72,000Mt/yr of fibre ...

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Orient Cement eyes acquisition to triple capacity by 2020

The expansion will give Orient Cement access to markets in Karnataka and central India. According to Religare Research, the expansion will help push the firm's volume growth.

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Orient Cement ORICEM)

About the stock: Orient Cement is a mid-sized (8.0 MT) cost-efficient player in the cement space. Its cement plants are located in Devapur, Telangana (3 MT integrated), Chittapur, Karnataka (3 MT integrated), Jalgaon, Maharashtra (2 MT grinding unit). The company derives revenues largely from Maharashtra (50%), Telangana, and MP markets.

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04 August 2023 Results Review Q1FY24 Orient Cement

Rajesh Ravi. rajesh.ravi@hdfcsec +91-22-6171-7352. Orient Cement: Results Review Q1FY24. l KTAsDemand, pricing and operating metric trendsDemand: B. C demand was soft and B2B demand was strong in Q1. It m. intained volume guidance of 6-3-6.4mn MT for FY24. In regional volume mix, west share continues to rise (up 700/100.

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Karnataka

Karnataka Bagalkot Mobile: +91 7026638638 Email: bagalkot@orientcement Bangalore Mobile: +91 7090782461. PROJECTS; INVESTORS Board of Directors ...

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Implementation of Orient Cement Plant Expansion Project …

The Rs 2,000 crore Orient Cement Plant Expansion Project in Telangana mainly features the expansion of the plant's manufacturing unit that is at Devapur in the Mancherial districts of Telangana. The facility was Orient's first-ever cement unit with integration. Its Line-I construction was completed in 1982, and the first truck got ...

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In Telangana search

India: Orient Cement has laid the foundation stone of an expansion to its Devapur cement plant in Telangana's Mancherial District. The Hindu Online News has reported that the project will increase the plant's capacity by 60% to 8Mt/yr. Orient Cement will reportedly participate in the establishment of the nearby Belampalli skill development …

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Orient Cement

Orient Cement Ltd. reduced its long-term debt in FY23 by 34% to Rs 98 crore from Rs 148 crore in FY22. However, its net debt increased by 19% in FY23 owing to higher short-term borrowings undertaken to meet working capital requirements during the year. With the transfer of limestone mines in Rajasthan, Orient Cement is working to set up a three …

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Solid Foundations Sustainable Progress

Karnataka - 585 292 REGISTRAR & TRANSFER AGENT MCS Share Transfer Agent Limited, F-65, Okhla Industrial Area, Phase-I, New Delhi - 110 020 BANKERS ... expansion we seek. Orient Cement Limited | 13. ORIENT CEMENT LIMITED | 04| ANNUAL REPORT 2015-16 14 | Annual Report 2015-16. ORIENT CEMENT LIMITED | 05 | ANNUAL …

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Telangana

It already operates one other plant in South India, the 2.4Mt/yr Kodla cement plant in Karnataka. Press Trust of India News has reported that the Guntur cement plant cost US$300m and will employ 700 people. ... Orient Cement has laid the foundation stone of an expansion to its Devapur cement plant in Telangana's Mancherial District. The …

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Stock pick of the week: Why analysts are bullish on Orient Cement

The company's performance in the third quarter of 2016-17 saw an improvement due to better pricing situation in Maharashtra and increased utilisation from its newly commissioned Gulbarga plant in Karnataka. Orient Cement was able to report a revenue growth of 50% and an 11% fall in its net loss on a year-on-year basis.

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Cement Wars Heat Up As Ultratech Reportedly Back In Talks …

UltraTech's offer equates to an enterprise value of ₹7,300-7,800 crore ($840-$938 million) or $109-110 per ton based on Orient Cement's current installed capacity of 8.5 million …

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