Sagar Cements is currently trading at Rs. 703.40, up by 42.65 points or 6.45% from its previous closing of Rs. 660.75 on the BSE.
The scrip opened at Rs. 658.50 and has touched a high and low of Rs. 715.60 and Rs. 658.50 respectively. So far 6822 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 835.00 on 14-Oct-2016 and a 52 week low of Rs. 350.00 on 18-Feb-2016.
Last one week high and low of the scrip stood at Rs. 724.70 and Rs. 652.00 respectively. The current market cap of the company is Rs. 1182.47 crore.
The promoters holding in the company stood at 56.93%, while institutions and non-institutions held 7.79% and 35.28% respectively.
Sagar Cements has reported the cement production and sales figures for November 2016. The Cement production for November 2016 stood at 1, 12,316 million tonnes (MT), up by 26.21% compared to 88,988 MT produced (including cement purchase) in November 2015. Moreover, the Cement sales for November 2016 stood at 1, 05,737 MT, up by 12.94% compared to 93,622 MT sold in November 2015.
The cement production for April- November 2016, stood at 9, 78,136 MT, down by 10.26% compared to 10, 89,921 MT produced (including cement purchase) for the same period last year. The cement sales for April- November, 2016 stood at 9, 77,556 MT, down by 10.64% compared to sales of 10, 93,949 MT for April- November, 2015 period.
Sagar Cements is one of the most modern mini cement plants in the state of Andhra Pradesh. The plant is based on Dry Process Rotary Kiln Technology that is used in ‘Standard Quality' cement companies.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11370.95 |
| Ambuja Cements | 424.05 |
| ACC | 1344.50 |
| Shree Cement | 25044.60 |
| Dalmia Bharat | 1720.10 |
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