Sagar Cements plans to setup cement plant in Oman

Thebullishtrends: Sagar Cements share price closed today at Rs.361.60(+Rs.2.55) Sagar Cements Ltd has informed BSE that the Company plans to establish a cement plant of around 5 million tonne capacity in the State of Karnataka. Apart from this, the Company is also looking for setting a cement plant in Oman in joint venture with a local partner.The actual capacity, location, method of implementation and mode of funding of the above projects together with other details would be finalized in due course