SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Prism Cement inches up on its division entering into JV with Small Tiles

22 Nov 2011 Evaluate

Prism Cement is currently trading at Rs. 44.05, up by 0.25 points or 0.57% from its previous closing of Rs. 43.80 on the BSE.

The scrip opened at Rs. 44.40 and has touched a high and low of Rs. 44.45 and Rs. 43.80 respectively. So far 28,299 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 59.85 on 27-Apr-2011 and a 52 week low of Rs. 39.00 on 19-Oct-2011.

Last one week high and low of the scrip stood at Rs. 45.25 and Rs. 43.30 respectively. The current market cap of the company is Rs. 2,217.00 crore.

The promoters holding in the company stood at 74.87% while Institutions and Non-Institutions held 6.30% and 18.83% respectively.

Prism Cement’s division - H&R Johnson (India) and the world's seventh largest tile company has entered into a joint venture (JV) with Small Tiles, a manufacturer of ceramic glazed floor tiles. With this venture, H&R Johnson (India) has acquired a 50 percent stake in Small Tiles. According to the joint venture, Small Tiles will manufacture and supply tiles to H&R Johnson (India). These tiles would primarily be focused in the Northern, Central, Eastern regions of India and the overseas market.

This would be Prism Cement’s fifth tile joint venture and Small Tile will now be supplying glazed floor tiles to the company. Floor tiles have been growing at a healthy rate in India and this joint venture would enable Prism Cement to cater to the growing demand. The plant capacity of Small Tiles is approximately 2.3 million square meters per annum. The plant has capability to manufacture floor tiles of 12” x 12”, 16” x 16”, and 24” x 24”.

H&R Johnson (India), a division of Prism Cement, is the undisputed market Leader in the tile industry since last 53 years across various product categories.

Prism Cement is one of India's leading integrated building materials companies; with a wide range from cement, ready-mixed concrete, tiles, bath products to kitchens.

Prism Johnson Share Price

124.90 0.60 (0.48%)
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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×