Ramco Cements rises on logging 19% growth in sale of cement during Q4 FY19

22 May 2019 Evaluate

Ramco Cements is currently trading at Rs. 772.50, up by 3.30 points or 0.43% from its previous closing of Rs. 769.20 on the BSE.

The scrip opened at Rs. 769.25 and has touched a high and low of Rs. 783.00 and Rs. 753.30 respectively. So far 15981 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 827.65 on 22-May-2018 and a 52 week low of Rs. 546.30 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 793.45 and Rs. 719.00 respectively. The current market cap of the company is Rs. 18204.20 crore.

The promoters holding in the company stood at 42.75%, while Institutions and Non-Institutions held 37.99% and 19.27% respectively.

Ramco Cements has logged 19% growth in sales of cement during Q4 FY19 at 11.12 million tonne, compared to 9.31 million tonne in Q4 FY18. During the FY 2018-19, the sale volume has grown both in southern and eastern markets due to strong demand in all the segments viz., retail, infrastructure and affordable housing. The company continues to focus on customer service, brand. building and developing niche markets while maintaining highest quality standards. 

Ramco Cements is the flagship company of the Ramco Group, a well-known business group of South India. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units.

The Ramco Cements Share Price

778.00 8.05 (1.05%)
17-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Ultratech Cement 9887.00
Ambuja Cement 620.00
ACC 2523.40
Shree Cement 26205.00
Dalmia Bharat 1815.00
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