India Cements is currently trading at Rs. 99.00, up by 1.80 points or 1.85% from its previous closing of Rs. 97.20 on the BSE.
The scrip opened at Rs. 99.00 and has touched a high and low of Rs. 99.00 and Rs. 97.90 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 205.90 on 16-Jan-2018 and a 52 week low of Rs. 80.05 on 26-Oct-2018.
Last one week high and low of the scrip stood at Rs. 99.00 and Rs. 87.25 respectively. The current market cap of the company is Rs. 3009.92 crore.
The promoters holding in the company stood at 28.35%, while Institutions and Non-Institutions held 43.54% and 28.11% respectively.
India Cements has entered into a share purchase agreement (SPA) for acquiring the entire shareholding of Springway Mining, in a phased manner, with an objective of setting-up of a Cement Plant in the State of Madhya Pradesh.
The company has acquired the controlling stake of 51% in the paid-up equity share capital of Springway Mining on December 03, 2018, thereby Springway Mining has become subsidiary of the Company.
India Cements is amongst India's leading manufacturers and supplier of cement and rated as one of the best cement companies in India.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11887.30 |
| Ambuja Cement | 458.95 |
| ACC | 1431.85 |
| Shree Cement | 25301.95 |
| Dalmia Bharat | 1972.55 |
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