Saurashtra Cement is currently trading at Rs. 82.00, up by 1.75 points or 2.18% from its previous closing of Rs. 80.25 on the BSE.
The scrip opened at Rs. 81.50 and has touched a high and low of Rs. 82.00 and Rs. 80.40 respectively. So far 13481 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 98.00 on 30-Oct-2017 and a 52 week low of Rs. 52.25 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 84.00 and Rs. 76.10 respectively. The current market cap of the company is Rs. 567.37 crore.
The promoters holding in the company stood at 73.83%, while institutions and non-institutions held 1.36% and 24.81% respectively.
Saurashtra Cement is planning to take annual maintenance shutdown of its Kiln and all the downstream equipment situated at its Factory Premises at Ranavav in Gujarat, tentatively from January 8, 2018. This maintenance shutdown is planned for about 20 days and will depend on the conditions of the machineries found during the inspection. However, cement grinding and cement packing Sections will continue to operate meeting all the cement dispatch, requirement. Hence there will be no impact upon the sales volume.
Saurashtra Cement (SCL) is one of the leading players in the Indian cement industry, manufacturing Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC). They have also added Sulphate Resistant Cement (SRC) and Portland Slag Cement (PSC) to their product range.