Madras Cements is currently trading at Rs. 206.10, up by 1.10 points or 0.54% from its previous closing of Rs. 205.00 on the BSE.
The scrip opened at Rs. 205.00 and has touched a high and low of Rs. 209.50 and Rs. 204.35 respectively. So far 56,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 209.50 on 05-Nov-2012 and a 52 week low of Rs. 100.00 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 209.50 and Rs. 192.40 respectively. The current market cap of the company is Rs. 4,904 crore.
The promoters holding in the company stood at 42.32% while Institutions and Non-Institutions held 28.85% and 28.83% respectively.
The company has reported 19.85% rise in its net profit at Rs 132.89 crore for the quarter ended September 30, 2012 as compared to Rs 110.88 crore for the same quarter in the previous year. Total income of the company has increased by 21.64% at Rs 1007.90 crore for quarter under review as compared to Rs 828.59 crore for the quarter ended September 30, 2011.
Madras Cements (MCL) was established in 1957, is part of Ramco Group, a well known business group of South India. It is based at Chennai. The company is the fifth largest cement producer in the country. Ramco Supergrade is the most popular cement brand in South India.
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