Sagar Cements is currently trading at Rs. 830.00, up by 4.60 points or 0.56 % from its previous closing of Rs. 825.40 on the BSE.
The scrip opened at Rs. 831.00 and has touched a high and low of Rs. 835.00 and Rs. 825.00 respectively. So far 120 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 940.00 on 16-May-2017 and a 52 week low of Rs. 570.55 on 16-Jun-2016.
Last one week high and low of the scrip stood at Rs. 854.20 and Rs. 811.80 respectively. The current market cap of the company is Rs. 1707.48 crore.
The promoters holding in the company stood at 50.04%, while Institutions and Non-Institutions held 18.93% and 31.03% respectively.
Sagar Cements is expecting around 18% jump in its production to 2.6 million tonnes (MT) in FY 2017-18. The company is also targeting an overall market growth of 10% on consolidated basis from its captive market spread between South Maharashtra and Odisha.
The company has completed acquisition of a grinding unit located at Anakapally, Visakhapatnam and also has plan to set up a 18 MW coal based & 1 MW solar captive power units at its Mattampally plant.
Sagar Cements is a prominent player in the field of cement in Andhra Pradesh for over 3 decades adopting progressive manufacturing practices, whether it relates to maintaining high standards of quality of its products or development of its highly valued human resources or the need to keep the pollution to the barest minimum.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11499.90 |
| Ambuja Cement | 441.05 |
| ACC | 1409.50 |
| Shree Cement | 24303.35 |
| Dalmia Bharat | 1947.95 |
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