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Sagar Cements surges despite logging 7.56% fall in consolidated cement production in December

08 Jan 2020 Evaluate

Sagar Cements is currently trading at Rs. 576.25, up by 17.15 points or 3.07% from its previous closing of Rs. 559.10 on the BSE.

The scrip opened at Rs. 554.90 and has touched a high and low of Rs. 606.60 and Rs. 554.90 respectively. So far 2110 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 749.40 on 13-Mar-2019 and a 52 week low of Rs. 487.65 on 20-Dec-2019.

Last one week high and low of the scrip stood at Rs. 606.60 and Rs. 533.00 respectively. The current market cap of the company is Rs. 1264.87 crore.

The promoters holding in the company stood at 50.06%, while Institutions and Non-Institutions held 15.88% and 34.06% respectively.

Sagar Cements has reported the cement production figures for December, 2019. The company’s Standalone cement production/purchase for December, 2019 stood at 219,776 million tonnes (MT), down by 3.29% compared to 227,247 MT produced in December, 2018. The company’s consolidated cement production/purchase for December 2019 stood at 300,138 MT, down by 7.56% compared to 324,685 MT produced in December, 2018.

Further, the company’s standalone cement sales for December, 2019 stood at 232,556 million tonnes (MT) up by 2.31% compared to 227,304 MT sold in December 2018. The company’s consolidated cement sales for December 2019 stood at 312,132 MT, down by 4.33% compared to 326,272 MT sold in December 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

186.50 -0.20 (-0.11%)
21-Apr-2026 09:41 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11879.50
Ambuja Cement 455.35
ACC 1434.90
Shree Cement 25510.70
Dalmia Bharat 1988.00
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