Kakatiya Cements (Rs 403.60) has hit 20% upper circuit today.
The stock price has doubled in five months. The stock had touched a low of Rs 203 on 22 November 2016, losing ground gradually from an all-time high of Rs 599 it touched on 20 May 2016.
Kakatiya Cement Sugar & Industries Limited was earlier known as Kakatiya Cements Limited.The company's installed cement capacity increased over the period from the initial 66,000 tpa to 1,98,000 tpa to 2,97,000 tpa at present. The capacity of the Sugar Division is 3200 tcd at present.
Kakatiya Cement is a reputed name in the cement industry and it has been catering to the needs of the core sectors of the country with its quality product. Whether it is concreting Railway Sleepers, cementing Oil Wells or shaping dream houses, Kakatiya Cement is among the sought after companies by government or private bodies.
