Sagar Cements is currently trading at Rs. 670.00, up by 7.30 points or 1.10% from its previous closing of Rs. 662.70 on the BSE.
The scrip opened at Rs. 667.90 and has touched a high and low of Rs. 670.00 and Rs. 660.10 respectively. So far 130 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 840.00 on 10-Jul-2018 and a 52 week low of Rs. 529.00 on 21-Feb-2019.
Last one week high and low of the scrip stood at Rs. 670.15 and Rs. 652.25 respectively. The current market cap of the company is Rs. 1360.68 crore.
The promoters holding in the company stood at 50.06%, while Institutions and Non-Institutions held 17.51% and 32.43% respectively.
Sagar Cements has reported the cement production figures for June 2019. The company’s Standalone cement production/purchase for June 2019 stood at 199,490 million tonnes (MT), up by 11.11% compared to 179,543 MT produced in June 2018. The company’s consolidated cement production for June 2019 stood at 274,276 MT, up by 12.89% compared to 242,963 MT produced in June 2018.
Further, the Company’s Standalone cement sales for June 2019 stood at 201,910 million tonnes (MT) up by 12.15% compared to 180, 041 MT sold in June 2018. The company’s consolidated cement sales for June 2019 stood at 275,562 MT, up by 12.04% compared to 245,959 MT sold in June 2018.
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.