Birla Corp Details Major Capex Plan, Navigates Cost Headwinds & Rising Debt
Birla Corporation Limited · BIRLACORPN · NSE ·
Announces a major capex plan of ₹4,000 - ₹4,500 Crores to increase cement capacity from 21.5 MTPA to 27.5 MTPA by FY29. Projects net debt to nearly double, with an expected peak of ~₹4,000 Crores during the current capex cycle. Guides for a significant cost per ton increase of ₹1…