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Sagar Cements shines on logging 2.51% growth in consolidated cement production in August

06 Sep 2019 Evaluate

Sagar Cements is currently trading at Rs. 575.25, up by 15.25 points or 2.72% from its previous closing of Rs. 560.00 on the BSE.

The scrip opened at Rs. 564.00 and has touched a high and low of Rs. 582.85 and Rs. 564.00 respectively. So far 61 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 755.00 on 06-Sep-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. 582.85 and Rs. 545.20 respectively. The current market cap of the company is Rs. 1272.66 crore.

The promoters holding in the company stood at 50.06% while Institutions and Non-Institutions held 17.27% and 32.67% respectively.

Sagar Cements has reported the cement production figures for August, 2019. The company’s Standalone cement production/purchase for August, 2019 stood at 182,891 million tonnes (MT), down by 11.65% compared to 207,008 MT produced in August, 2018.  However, the company’s consolidated cement production for August 2019 stood at 250,081 MT, up by 2.51% compared to 243,963 MT produced in August, 2018.

Further, the Company’s Standalone cement sales for August, 2019 stood at 194,819 million tonnes (MT) down by 3.76% compared to 202,429 MT sold in August 2018. However, the company’s consolidated cement sales for August 2019 stood at 268,997 MT, up by 8.88% compared to 247,051 MT sold in August 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.

Sagar Cements Share Price

179.45 -2.50 (-1.37%)
13-Apr-2026 12:39 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11461.75
Ambuja Cement 443.35
ACC 1401.70
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Dalmia Bharat 1942.10
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