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Ramco Cements surges on reporing 41% rise in Q2 consolidated net profit

03 Nov 2020 Evaluate

The Ramco Cements is currently trading at Rs. 818.00, up by 16.05 points or 2.00% from its previous closing of Rs. 801.95 on the BSE.

The scrip opened at Rs. 816.00 and has touched a high and low of Rs. 833.00 and Rs. 806.65 respectively. So far 23526 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 883.30 on 27-Jan-2020 and a 52 week low of Rs. 456.50 on 08-Apr-2020.

Last one week high and low of the scrip stood at Rs. 833.00 and Rs. 763.15 respectively. The current market cap of the company is Rs. 19281.50 crore.

The promoters holding in the company stood at 42.62%, while Institutions and Non-Institutions held 34.58% and 22.79% respectively.

Ramco Cements has reported 40.21% rise in its net profit of Rs 235.77 crore for the quarter ended September 30, 2020 as against net profit of Rs 168.15 crore for the same quarter in the previous year. However, total income of the company decreased 4.57% at Rs 1,265.31 crore for Q2FY21 as compared Rs 1,325.88 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 41.37% rise in its net profit attributable to equity shareholder at Rs 243.52 crore for the quarter ended September 30, 2020 as against net profit of Rs 172.26 crore for the same quarter in the previous year. However, total income of the company decreased by 4.40% at Rs 1,273.47 crore for Q2FY21 as compared Rs 1,332.08 crore for the corresponding quarter previous year.

The Ramco Cements Share Price

1011.45 10.30 (1.03%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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