The cement despatches of Jaiprakash Associates Limited was at 1,025,697 MT in November 2009 as compared to 689470 MT in November 2008. The despatches showed 49% Change Y-o-Y and Crossed the 1 million tonne mark in a month for the first time.
The cement despatches for period (April to November) 2009-10 was at 6.74 Million MT and the cement despatches was at 5.08 Million MT for period (April to November) 2008-09. The cement despatches showed 33% Change Y-o-Y.
In cements business with new cement plants in fast growing markets of the North, Central, Eastern & Western Zones, JAL is the 3rd largest cement group in India with dominance as low cost producer of cement. The company is in final stage of capacity expansions in cements business and expects to have combined cement capacity of 22.80 MTPA by the end of the current fiscal with 252 MW captive power plants. As of now the company has combined commissioned capacity of over 14.7 million tonnes per annum (MTPA) and is a brand leader in its current marketing zone, consisting of Central and parts of Northern India. The Company has undertaken a bold expansion plan to achieve a 35.55 MTPA capacity by FY-12 – one of the fastest organic expansions worldwide in the cement industry.
The Jaiprakash Associates stock closed the day at Rs.229.10, up by Rs.3.45 or 1.53%. The stock hit an intraday high of Rs.230.60 and low of Rs.226.25.
The total traded quantity was 1396121 compared to 2 week average of 2180063.
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Union Budget