Support and Resistance Levels
Past performance
About Sagar Cements Ltd Sagar Cements Ltd, established in 1981, is a prominent player in the cement manufacturing industry in India. The company utilizes cutting-edge dry processing kiln technology and has implemented environmental protection measures like the Electrostatic Precipitator System. Its products, marketed under the Sagar Priya brand, include Ordinary Portland Cement (OPC), sulphate-resisting cement (SRC), and IRS T-40 grade cement, catering to diverse construction needs, particularly in coastal and marine applications.
Sagar Cements has expanded its capacity through strategic acquisitions and partnerships, including the acquisition of BMM Cements and stakes in Satguru Cement and Jajpur Cement. It also formed a joint venture with Vicat S.A. of France to establish a significant cement plant in Karnataka. Recent expansions include a 1 MTPA integrated plant in Madhya Pradesh and a 1.5 MTPA grinding unit in Odisha. In 2023, Sagar Cements acquired a 95% stake in Andhra Cements Limited, further consolidating its position in the industry.