Tuesday, 2 February 2021

JK Lakshmi Cement The company has announced clinker and grinding capacity expansion at its existing plant in Rajasthan. The capacity is expected to get commissioned in FY23E, which can drive overall volume growth. Moreover, the improved profitability will enable the company to fund expansion via internal accruals. Sudarshan Chemical Sudarshan Chemical Industries (SCIL) has grown to become India’s largest manufacturer of colour pigments. Its estimated market share in India stands at ~35 percent. Out of Rs 3.6bn (`1.5bn in FY21E and `2.1bn in FY22E), 70 percent of the capex will be towards growth projects while the remaining CAPEX is towards backward integration and set-up of utility infrastructure. HG Infra Engg HG Infra is the leading Indian highway contractor based in Jaipur, Rajasthan. The company is executing 33 projects across seven states in India
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