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'Buy' Birla Corp. Maintains HDFC Securities, Target Rs 1490

Summary by NDTV Profit
Birla Corp’s brownfield SGU expansion (line-3) in Kundanganj is on track and should be operational by the end of Q1 FY26. The company remains committed to expanding its cement capacity to 25 mmt by 2027. This includes 3 mmt brownfield clinker expansion at Maihar (MP) and two SGUs in UP and MP (~1.5 mmt each). Birla Corp is spending Rs 5 billion on Capex in FY25E (Rs 3 billion spent during 9M FY25). The brokerage expects capex to accelerate FY26 …
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'Buy' Birla Corp. Maintains HDFC Securities, Target Rs 1490

Birla Corp’s brownfield SGU expansion (line-3) in Kundanganj is on track and should be operational by the end of Q1 FY26. The company remains committed to expanding its cement capacity to 25 mmt by 2027. This includes 3 mmt brownfield clinker expansion at Maihar (MP) and two SGUs in UP and MP (~1.5 mmt each). Birla Corp is spending Rs 5 billion on Capex in FY25E (Rs 3 billion spent during 9M FY25). The brokerage expects capex to accelerate FY26 …

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NDTV Profit broke the news in on Tuesday, April 1, 2025.
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