UltraTech Cement’s twelve limestone mines have been rated 5 Star for FY2022-23 by Indian Bureau of Mines. UltraTech’s endeavours in driving excellence in mining are in line with the Indian Bureau of Mines’ goals towards sustainable mining, efficient operations, and technology-driven mineral processing. UltraTech has the distinction of being accorded 5-star rating for the highest number of mines across all categories of Minerals (Limestone, Iron Ore, Bauxite, Lead Zinc, Manganese) for FY2022-23.
Of the mines, Naokari Limestone Mine, part of Awarpur Cement Works and Kovaya Limestone Mine, part of Gujarat Cement Works have received this award for the sixth consecutive year. The Baga - Bhalag Limestone & Shale Mine, part of Baga Cement Works has been felicitated for the fourth consecutive year, while the Manikgarh Cement Limestone Mine, which is a part of Manikgarh Cement Works has received the award for the third consecutive year.
Additionally, the Aditya Limestone Mine, part of Aditya Cement Works, the Tumamlapenta Limestone Mine, part of Andhra Pradesh Cement Works, the Narmada Cement Mine, part of Jafrabad Cement Works and the Bhadanpur & Piprahat Limestone Mine, part of Maihar Cement Works have all received the award for the second consecutive year.
Conceptualised by the Ministry of Mines, the Star ratings are based on adoption of best practices for exhaustive and universal implementation of Sustainable Development Framework in mining. A five-star rating, highest in the rating scheme, is given to mines which performed best on parameters such as scientific and efficient mining, compliance of approved production, zero waste mining, environment protection, steps taken for progressive and final mine closure, green energy sourcing, land, adoption of international standards, local communities engagement and welfare programmes, resettlement and other social impacts.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11387.15 |
| Ambuja Cement | 500.70 |
| ACC | 2090.00 |
| Shree Cement | 24797.80 |
| Dalmia Bharat | 1807.10 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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