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Ramco Cements surges despite reporting 51% fall in Q1 consolidated net profit

26 Jul 2024 Evaluate

The Ramco Cements is currently trading at Rs. 826.30, up by 26.10 points or 3.26% from its previous closing of Rs. 800.20 on the BSE.

The scrip opened at Rs. 788.25 and has touched a high and low of Rs. 827.50 and Rs. 785.65 respectively. So far 67943 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1057.85 on 14-Dec-2023 and a 52 week low of Rs. 700.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 828.40 and Rs. 765.25 respectively. The current market cap of the company is Rs. 19470.49 crore.

The promoters holding in the company stood at 42.29%, while Institutions and Non-Institutions held 41.90% and 15.81% respectively.

The Ramco Cements has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 55.01% fall in its net profit at Rs 35.50 crore for the quarter ended June 30, 2024 as compared to Rs 78.91 crore for the same quarter in the previous year. Total income of the company decreased by 6.76% at Rs 2,096.87 crore for Q1FY25 as compared to Rs 2,248.98 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 50.82% fall in net profit at Rs 36.57 crore for Q1FY25 as compared to Rs 74.36 crore for the same quarter in the previous year. Total income of the company decreased by 6.76% at Rs 2,101.65 crore for Q1FY25 as compared to Rs 2,253.95 crore for the corresponding quarter previous year.

The Ramco Cements Share Price

945.55 1.95 (0.21%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11722.20
Ambuja Cements 443.15
ACC 1393.50
Shree Cement 26763.10
Dalmia Bharat 1765.30
View more..

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