Star Cement - Capex Plans Well On Track: Nirmal Bang  
A limestone and clay mix sits in a pile inside a cement plant. (Photographer: Gianluca Colla/Bloomberg)

Star Cement - Capex Plans Well On Track: Nirmal Bang  

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Nirmal Bang Report

With the two million metric tonne Silliguri (West Bengal) grinding unit being commissioned in January 2021, the management of Star Cement Ltd. has set a target of doubling its capacity from six million metric tonne currently to 12 million metric tonne in the next five years by setting up units in North-East, East and Central India.

We believe this provides good visibility on capital allocation and earnings growth for the company over the longer term.

Click on the attachment to read the full report:

Nirmal Bang Star Cement- Q3FY21 Result Update .pdf

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