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Saurashtra Cement Share Price Today

Company details

116.35
125.00
97.00
126.00
6M Return 0.00%
1Y Return 6.10%
Mkt Cap.(Cr) 1,378.81
Volume 472,116
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 472,116

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Saurashtra Cement shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (4)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (3)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 127.5
R2 130.7
R3 136.3
Pivot

121.87

S1 118.7
S2 113.1
S3 109.9
EMA SMA
112.0
108.8
103.0
92.7
109.5
111.1
103.6
89.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RAJESH NUWAL (HUF) Bulk Sell 2018-10-01 42.28 349899 BSE
INDIANIVESH CAPITALS LIMITED Bulk Purchase 2018-07-03 57.4 495000 BSE
SNEHLATA NUWAL Bulk Sell 2018-07-03 57.4 495000 BSE
Name Category Shares
Arjun Jay Mehta PROMOTER 1.52%
Jahnavi Mehta PROMOTER 1.49%
Promilla Khanna PROMOTER 0.59%
Mehta Investments Mauritius Limited PROMOTER 18.68%
The Mehta International Mauritius Ltd PROMOTER 15.27%
Galaxy Technologies Private Limited PROMOTER 14.61%
Omna Enterprises Llp PROMOTER 9.48%
Gujarat Industrial Investment Corporation Limited PROMOTER 4.61%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Saurashtra Cement Stocks Comparison

Financials( in Cr) Saurashtra Cement Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd
Price 124.30 9,363.95 609.65 24,368.75 2,405.15
% Change 4.28 -0.20 -0.91 -0.23 -0.28
Mcap Cr 1,378.81 270,325.06 133,981.32 87,924.89 45,165.59
Revenue TTM Cr 1,645.29 61,326.50 28,965.46 17,852.33 16,151.67
Net Profit TTM Cr -21.99 4,916.88 3,711.04 1,269.14 1,863.10
PE TTM 26.81 42.17 36.94 39.12 26.99
1 Year Return 6.10 23.29 59.16 -3.54 36.65
ROCE -1.99 12.86 21.37 8.51 18.51
ROE -2.46 9.62 15.43 7.03 13.80
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 882.17 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,289.49 -9,580.22
LAST 3M 82,644.28 34,986.47
LAST 6M 142,142.07 66,572.41
LAST 12M 216,755.16 194,314.28

Saurashtra Cement Information

Stock PE (TTM)
26.81
Promoter Holding
66.99%
Book Value
80.688
ROCE
-1.99%
ROE
-2.46%
Description
  • Promoted in 1956, Saurashtra Cement Ltd (SCL), was set up to manufacture cement by the semi-dry process. In 1960, the Mehta group, headed by Nanji Kalidas Mehta invested Rs 50 lac in SCL. The plant is located at Ranavav, Gujarat. In 1980, the group was invited by the Government of Gujarat to invest in a joint venture, Cement Corporation of Gujarat, now called Gujarat Sidhee Cement (GSCL). The Mehta group spans over seven countries with interests in sugar, engineering, cement, electrical cables, power, alcohol, etc. SCL was the first BIFR case to be turned around without a rehabilitation package/assistance. It enjoys a market share of 23% in Gujarat. In Oct.`93, it issued rights shares and PCDs to increase its capacity from 8.63 lac tpa to 11.29 lac tpa. At present, the company is engaged in the business of manufacturing and selling of Cement and Paints. It has entered into a technical collaboration with Fuller, US, to provide designs for plant equipment. It holds a mining lease near Ranavav for limestone quarrying. The Company commenced a 7500 tonne silo for the bulk loading of cement at its jetty in the Porbandar Port during 2004 and was made fully operational in 2006. It installed second silo having a capacity of 8000 MT at the jetty along with mechanized facility to load cement in 2006. The Company`s net worth as at 30th June, 2005 had been completely eroded and the Hon`ble BIFR declared the Company as a sick industrial undertaking vide its order dated 21st September 2006. The Company had five wholly owned subsidiary companies. Out of these five subsidiaries, four companies namely Pranay Holdings Limited, Prachit Holdings Limited, Ria Holdings Limited and Reeti Investments Private Limited accordingly merged with the Company through the Scheme of Amalgamation and the said Amalgamation became effective from 1st April 2018. Similarly, Parsec Enterprises Private Limited, a promoter group company, got amalgamated with Company effective from April 01, 2020. The Company acquired the paints business of Snowcem Paints Pvt. Ltd., including the brands owned by them on a slump sale basis during FY 2021-22. Further, it embarked on a digital transformation journey under "Project Parivartan". In 2023, the Scheme of Amalgamation of Gujarat Sidhee Cement Limited (GSCL) with the Company became effective from 30th March 2023. In terms of the said Scheme of Amalgamation, the Company issued and allotted 5,40,09,641 new equity shares of Rs 10/- each fully paid up to the shareholders of erstwhile Gujarat Sidhee Cement Limited on April 26, 2023 in the merger ratio of 62:100.

Registered Address

Near Railway Station, Porbandar, Ranavav, Gujarat, 360560

Tel : 91-02801-235001/7/304200
Email : sclinvestorquery:mehtagroup.com; scl-mum:mehtagrou
Website : http://www.mehtagroup.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 502175
NSE Code : SAURASHCEM
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE626A01014

FAQ’s on Saurashtra Cement Ltd Shares

You can buy Saurashtra Cement Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Saurashtra Cement Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:49 PM the closing price of Saurashtra Cement Ltd was ₹ 124.30.

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 19, 2024 03:49 PM, the market cap of Saurashtra Cement Ltd stood at ₹ 1,378.81.

The latest PE ratio of Saurashtra Cement Ltd as of Apr 19, 2024 03:49 PM is 26.81

The latest PB ratio of Saurashtra Cement Ltd as of Apr 19, 2024 03:49 PM is 0.65

The 52-week high of Saurashtra Cement Ltd share price is ₹ 126.00 while the 52-week low is ₹ 97.00

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