NEW DELHI: Shares of Mangalam
CementBSE 4.44 % surged nearly 5 % in Tuesday's trade after the company revealed
commencement of production at a new 0.75 million tonne per annum (mtpa) unit.
In a brief note to BSE, the company said the mashing unit is now in Aligarh, Uttar
Pradesh. The opening of its commercial workings from the unit has increased the
overall capacity of the cement producer to 4 mpta from 3.25 mtpa.
The stock jumped 4.63 % to hit
a high of Rs 350 on BSE. Mangalam Cement has initiate commercial production at
its new cement mashing unit of 0.75 million tonnes per annum (mtpa) capacity in
Aligarh, Uttar Pradesh, state a media report.
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