Ramco Cements moves up on reporting 43% rise in Q2 consolidated net profit

31 Oct 2019 Evaluate

The Ramco Cements is currently trading at Rs. 784.00, up by 8.45 points or 1.09% from its previous closing of Rs. 775.55 on the BSE.

The scrip opened at Rs. 798.90 and has touched a high and low of Rs. 798.90 and Rs. 780.00 respectively. So far 36428 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 845.10 on 27-May-2019 and a 52 week low of Rs. 553.55 on 29-Jan-2019.

Last one week high and low of the scrip stood at Rs. 798.90 and Rs. 739.50 respectively. The current market cap of the company is Rs. 18503.38 crore.

The promoters holding in the company stood at 42.66%, while Institutions and Non-Institutions held 36.72% and 20.62% respectively.

Ramco Cements has reported 46.89% rise in its net profit at Rs 168.15 crore for the quarter ended September 30, 2019 as compared to Rs 114.47 crore for the same quarter in the previous year. Total income of the company increased by 11.47% at Rs 1,325.88 crore for Q2FY20 as compared Rs 1,189.45 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 43.18% rise in its net profit at Rs 172.26 crore for the quarter under review as compared to Rs 120.31 crore for the same quarter in the previous year. Total income of the company increased by 11.32% at Rs 1,332.08 crore for Q2FY20 as compared Rs 1,196.67 crore for the corresponding quarter previous year.

The Ramco Cements Share Price

816.15 0.95 (0.12%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Ultratech Cement 9740.00
ACC 2494.75
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Ambuja Cement 612.30
Dalmia Bharat 1940.05
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