Equity Capital: 475.17 Cr FV: 10.00
|Period||MF Net Purchase / (sold)||FII Net|
Incorporated in 1973, as Cement Corporation of Gujarat, a wholly-owned subsidiary of the Gujarat Industrial Investment Corporation (GIIC), Gujarat Sidhee Cement (GSCL) was promoted by GIIC and the Mehta group. The company got its present name in Jan.`94. GSCL undertook a project to manufacture 1 mtpa of portland cement on 344 hectares land obtained at Junagadh district, Gujarat. The mining lease of 254 hectares is awaited. GSCL is a sick company registered with the BIFR since Jul.`90. Due to differences between the two promoters and the following prolonged litigation, GIIC decided to disinvest part of its holding in GSCL, in favour of the Mehta`s. The Mehta group with a 38% equity stake, now exercises control over the company. GSCL came out with its first rights issue in Jan.`90, followed by a second one in Jul.`94 to pay off loans, add balancing equipment and raise its capacity from 1 mtpa to 1.2 mtpa. This increased the equity to Rs 119.08 cr. GSCL has been awarded the coveted Certificate under ISO-9002 by TUV Private Ltd., a subsidiary of RWTUV of Germany for excellence in quality management. Over the last three years, GSCL has been showing signs of recovery, with higher capacity utilisation each year. GSCL received a Certificate of Merit for 95-96 from CAPEXIL for its export performance. The company is also planning to install a captive power plant, construct a captive jetty close to the plant along with other modernisation jobs in its plant. The company is planning to go for modernisation of its Raw Mill,Preheater and clinker cooler systems.
|AGM Date (Month)||:||Sep|
|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Sep|
You can buy Gujarat Sidhee Cement Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gujarat Sidhee Cement Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 20, 2023 03:55 PM the closing price of Gujarat Sidhee Cement Ltd was ₹ 33.10.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 20, 2023 03:55 PM, the market cap of Gujarat Sidhee Cement Ltd stood at ₹ 295.91.
The latest PE ratio of Gujarat Sidhee Cement Ltd as of Apr 20, 2023 03:55 PM is 0
The latest PB ratio of Gujarat Sidhee Cement Ltd as of Apr 20, 2023 03:55 PM is 1.58
The 52-week high of Gujarat Sidhee Cement Ltd is ₹ 51.50 while the 52-week low is ₹ 25.30