Bheema Cements Ltd share Price Today

Bheema Cements Limited (Formerly known Coromandel Cements Ltd) was established in June, 1978. The Company had the capacity of producing 0.9 million tonnes cement per annum.The Andhra based company is into manufacture of cement. The company`s mini cement plant with an installed capacity of 66000 Metric Tone of Portland Cement is located at Ramapuram in Nalgonda District of Andhra Pradesh. The company markets its cement under the brand `Bheema Cement`. Bheema Cements Ltd has been in the cement manufacturing business for the last 22 years. It started business with manufacture of Ordinary Portland Cement and later diversified into manufacturing the Pozzolona Portland Cement in the name and style of "Bheema Super Grade". There was a positive response from the market and Bheema Cements are leading suppliers of this brand in some areas of Andhra Pradesh. It diversified into power generation business by installing three 1.5 MW Wind Turbines in Tamil Nadu. The New Management representing Fortuna Group with rich and diverse backgrounds in core Engineering and Manufacturing sector are fully resolved to restore the plant to its former glory. Presently the control of the Company and plant has been handed over to the New Management and work is underway in line to commence commercial production. The Management is in process getting the reliefs as stated in the NCLT Order and has started the overhauling of the Plant. However, the Company came out of CIRP process and currently the New Management has taken over the plant and are in process of overhauling the plant and starting the operations.

Bheema Cements share price as on 17 Jul 2024 is Rs. 27.37. Over the past 6 months, the Bheema Cements share price has increased by 25.38% and in the last one year, it has decreased by 27.97%. The 52-week low for Bheema Cements share price was Rs. 21 and 52-week high was Rs. 37.95.