Birla Corp: Will new foray pay off?

Birla Corporation has entered construction chemicals and wall putty segments such as additives, the company said on Friday. Birla Corporation, a top cement maker, expects sales of construction chemicals and additives to grow at a compounded annual growth rate of around 15 per cent till 2025, especially in the era of new-age construction. It expects the market for these products to grow both vertically and horizontally. Investors will closely monitor the development.