India Cements Ltd is in the Cement sector is having a Market Capitalization worth Rs. 5,234.16 crores, it is incorporated in the year 1946. It has reported consolidated sales of Rs. 1,045.25 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 530005, and also listed on the National Stock Exchange (NSE) with the code INDIACEM.
India Cements is an Indian cement manufacturing company headed by former International Cricket Council Chairman (ICC) N. Srinivasan. India Cements has a total of eight integrated cement plants across the country in the states of Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan. India Cements is the leading producer of cement in South India. They hold a
controlling 28% of the market share of the cement industry in South India. India Cements also produces ready mix concrete (RMC). India cements also owns two grinding units one in Tamil Nadu and another one in Maharashtra. India Cements also owns brands like Sankar Cements, Coramandel Cement, and Raasi Gold. The promoters of the company own 28.42% of the stake in the company, Foreign Institutional Investors (FII) own 13.32%, Domestic Institutional Investors (DII) own 7.6% stake in the company, and others (such as public and retail investors) hold the balance of 50.66%.
In June 2021, quarterly net revenue was Rs. 1,022.49 crores, which has increased by approximately 35.07% % from Rs. 757.03 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 37.42 crores, which has improved sharply and increased by nearly 120.64% from a net profit of Rs. 16.96 crores in June 2020. In June 2021, the reported operating profit was at Rs. 674.38 crores, which is also increased by 23.81% as compared to an operating profit of Rs. 544.71 crores for the quarter ending in June 2020. From Rs. 0.55 in June 2020, the EPS of India Cements Ltd has improved positively and reached Rs. 1.23 per share in June 2021. INDIACEM’s stock closed at Rs. 171.55 on 18th August’2021 (NSE) and has returned 1.32% in the last six months and 44.85% in the previous year.
India Cements share price as on 20 Apr 2024 is Rs. 224.1. Over the past 6 months, the India Cements share price has increased by 1.38% and in the last one year, it has increased by 18.79%. The 52-week low for India Cements share price was Rs. 176.25 and 52-week high was Rs. 277.
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