Navigating growth in a changing market environment

Company
21 Dec 2023
5 Min read 
  • Birla Corporation is experiencing steady growth in its Mukutban plant operations.
  •  Capacity utilization of the plant is expected to reach 65-70% by FY24-end.
  •  The company is implementing cost-saving initiatives and increasing the share of premium products to improve EBITDA.
  •  It is also focusing on optimizing fuel costs and logistics to reduce expenses.
  •  Birla Corporation plans to increase its grinding capacity to 25mtpa by FY26.
  •  The stock is currently undervalued compared to its peers, with a target price of INR1,700.
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