loader2
Partner With Us NRI

Saurashtra Cement Ltd

Company details

53.50
56.75
46.90
82.00
6M Return -9.24%
1Y Return -34.30%
Mkt Cap.(Cr) 383.40
Volume 12,595
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 12,595

Open Free Demat Account Online with ICICIDIRECT

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 523.64 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

INFORMATION

Stock PE (TTM)

0

Promoter Holding

72.49%

Book Value

71.1261

ROCE

2.18%

ROE

0.76%

Description

  • Promoted in 1956, Saurashtra Cement (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 markets cement under the brand name Hathi. 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. In 1992, SCL was awarded the Excellence Award for productivity, quality, innovation and management, by the Institute of Economic Studies, New Delhi. It is the largest exporter of cement clinker to west Asia and has a market share of about 33% in exports. It is in the process of expanding its capacity to 2.4 million tonnes and a captive Jetty at Porbandar, Gujarat at a cost of Rs. 250 crores. It has also installed 2 captive power plants,but unfortunately the cash disbursement from IFCI were not coming as they are facing liquidity constraints. The project is expected to be completed in 2003-04.

No Data Found

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

ICICIdirect Saurashtra Cement Ltd FAQ

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 Feb 03, 2023 04:01 PM the closing price of Saurashtra Cement Ltd was ₹ 54.50.
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 Feb 03, 2023 04:01 PM, the market cap of Saurashtra Cement Ltd stood at ₹ 383.40.
The latest PE ratio of Saurashtra Cement Ltd as of Feb 03, 2023 04:01 PM is 0
The latest PB ratio of Saurashtra Cement Ltd as of Feb 03, 2023 04:01 PM is 1.31
The 52-week high of Saurashtra Cement Ltd is ₹ 82.00 while the 52-week low is ₹ 46.90

Download Our App

market app
market app