Shiva Cement Ltd. Stock Analysis 532323.BO

Shiva Cement Ltd. engages in the manufacturing and sale of cement, clinker, and trading of allied products. The firm is operating its clinkerisation facility with a production capacity of approximately 1.36 million tons per annum (MTPA). The firm's products include Portland pozzolana cement (PPC) and Portland slag cement (PSC). The firm's cement products are used in the construction of concrete roads and flyovers, dams, effluent treatment plants and water-retaining structures, foundation subsoil works, industrial and residential structures, marine works, mass construction works, and pile construction works, among others. Its manufacturing facility is located at the geographical border of three eastern states of India, namely Odisha, Chhattisgarh, and Jharkhand. Its marketing areas include Odisha, West Bengal, Jharkhand and Bihar. The company has also installed a waste heat recovery system with a capacity of 8.9 megawatts (MW).