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HomeBusinessLUCKY CEMENT: RENEWABLE ENERGY EXPANSION EXPECTED TO DRIVE 40% UPSIDE POTENTIAL

LUCKY CEMENT: RENEWABLE ENERGY EXPANSION EXPECTED TO DRIVE 40% UPSIDE POTENTIAL

Lucky Cement Company Limited (LUCK) ne Friday ko apni Corporate Briefing mein FY24 ke results aur agle saal ke outlook par guftagu ki. Management ne share kiya ke FY25 mein kamzor volumes barqarar rehne ka imkaan hai. Lekin, group apni cost efficiencies ko behtar banane ki koshish kar raha hai taake demand pressure ka muqabla kiya ja sake.

LUCK apni renewable energy capacity ko barhane par focus kar raha hai, jis me agle mahine ek 28.8MW ka wind plant shamil hai. Is ke sath 12.3MW ke naye solar installations bhi honge, jo ke total renewable capacity ko 103.1MW tak le jayenge — jo ke company ki total electricity generation ka aadha hissa ban jaye ga.

Reputable brokerage firm ki report kay mutabiq, LUCK ki diversification strategy aur stable earnings ko dekhte hue, stances LUCK par positive hai, aur current levels se takreeban 40% tak ke capital upside ki umeed rakhte hain.

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