Very Very Strong Update Rudra Global Infra Products Ltd whic | Equity99
Very Very Strong Update
Rudra Global Infra Products Ltd which is engaged in manufacturing of Steel bars and billets plans to shift from traditional energy usage to green energy usage for which company plans to invest Rs. 100Cr for 20MW power in Phase 1. Accordingly it will result in Annual power cost savings to the tune of ~20Cr which is great considering company`s current financials. Company has plans to fully switch to renewable energy by the year 2029.
Looking closely at above update from company we expect this counter to soon hit Upper Circuit.
Creating wealth through unfolded research. SEBI Registered Investment Adviser. Reg No - INA000005358. Disclaimer: Channel view is purely for educational purposes. Visit our website https://Equity99.co...
