The company has sound fundamentals and the scrip is available at a pe of 3.5 against the industry average of 10.71. Moreover, it is establishing a new cement plant with 1.5mmt capacity at a cost of 750cr of which 350cr will be from internal accruals. This also includes a 17.5 MW thermal power plant. All this is scheduled for completion in 18 months. This is a B K Birla company.
Completely agree...Looks undervalued when compared to larger companies in the cement sector.
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