Hem Securities IPO report on Nuvoco Vistas Corporation
Nuvoco Vistas Corporation is the fifth largest cement company in India and the largest cement company in East India in terms of capacity. As of December 31, 2020, company’s cement production capacity constituted approximately 4.2% of total cement capacity in India, 17% of total cement capacity in East India and 5% of total cement capacity in North India, and company is one of the leading ready-mix concrete manufacturers in India.
Valuation and Outlook
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