India Cements is currently trading at Rs. 192.70, up by 4.25 points or 2.26% from its previous closing of Rs. 188.45 on the BSE.
The scrip opened at Rs. 188.55 and has touched a high and low of Rs. 194.75 and Rs. 187.65 respectively. So far 176896 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 226.00 on 16-May-2017 and a 52 week low of Rs. 90.90 on 31-May-2016.
Last one week high and low of the scrip stood at Rs. 200.75 and Rs. 178.80 respectively. The current market cap of the company is Rs. 5959.27 crore.
The promoters holding in the company stood at 28.46%, while institutions and non-institutions held 46.50% and 25.03% respectively.
India Cements has reportedly expanded its product portfolio and markets reach to insulate from regional market fluctuations. The company’s products are available across the West, Centre and East and not restricted just to the southern markets.
Moreover, the company has also started making special cements and in the current year is ready with cement for railway sleepers.
India Cements is the largest producer of cement in South India and one of the largest cement manufacturer in the country.
