The CMP is Rs 2,272. Dalmia introduced a contemporary capability growth plan involving a 6 MTPA cement unit and three.5 MTPA clinker unit at Kadapa and a 3 MTPA bulk terminal in Chennai, with a capital outlay of Rs 3,287 crore. With improved utilisation and incremental capability coming onstream, the corporate is projected to ship a 7% quantity CAGR over FY25–27E.
(Uttam Kumar Srimal, Axis Securities)
