Sanghi Industries Ltd share price logo

Sanghi Industries Ltd (SANGHIIND)

₹96.620.67%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Sanghi Industries Ltd. An average target of ₹155

Source: S&P Global Market Intelligence

Sanghi Industries Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹96.1
    ₹97.4
  • 52 Week's Low

    52 Week's High

    ₹82.9
    ₹156
1 Month Return-7.49 %
3 Month Return+ 3.09 %
1 Year Return+ 2.38 %
Previous Close₹95.98
Open₹96.10
Volume2.90L
Upper Circuit-
Lower Circuit-
Market Cap₹2,479.41Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,479.41 Cr
P/B Ratio2.1
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 1M
Taurus Flexi Cap Fund - Direct Plan-Growth OptionTaurus Flexi Cap Fund - Direct Plan-Growth Option0.79%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.08%
Taurus ELSS Tax Saver Fund-Direct Plan-Growth OptionTaurus ELSS Tax Saver Fund-Direct Plan-Growth Option0.92%
Taurus Discovery (Midcap) Fund - Direct Plan-Growth OptionTaurus Discovery (Midcap) Fund - Direct Plan-Growth Option0.26%
Taurus Infrastructure Fund-Direct Plan-Growth OptionTaurus Infrastructure Fund-Direct Plan-Growth Option0.88%

Company Information

Sanghi Industries Ltd. is a leading Indian multinational corporation established in 1983 by its founder and CEO, Ravi Sanghi. The company specializes in the production of cement and is one of the largest cement producers in the country. It has operations in India, the United Arab Emirates, and Oman, and is the largest producer of cement in the state of Rajasthan.

The company has a wide range of products, including Portland cement, blended cement, and ready-mix concrete. Its popular brands include Sanghi Cement, Sanghi Super, and Sanghi Super Plus.

Share Price: ₹96.62 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,479.41Cr as of today
Listing date: 29 Jun, 1995
Chairperson Name: Ajay Kapur
OrganisationSanghi Industries Ltd
HeadquartersAhmedabad
IndustryCement
E-voting on sharesClick here to vote

Key events for Sanghi Industries Ltd

  • Nomura sees potential in Ambuja's acquisition of Sanghi Industries - 11 Jul, 2024

    While discussing Ambuja Cements' recent acquisition of Penna Cement, Nomura notes that the Adani Group's other acquisition, Sanghi Industries, provides a brownfield option for Ambuja due to its limestone reserves. Nomura also expects above-industry volume growth for Ambuja over FY24-26, with a projected CAGR of 13% (excluding Penna). No direct news or sentiment regarding Sanghi Industries is provided.

  • Sanghi Industries Allots Additional Shares to Ambuja Cements - 05 Jul, 2024

    Sanghi Industries has approved the allotment of 50 crore additional preferential shares worth Rs 500 crore to Ambuja Cements, following an identical tranche of redeemable preference shares worth Rs 500 crores allotted on July 4. This is in line with shareholders approval of issuing up to Rs 2,200 crore worth of 8% non-convertible cumulative redeemable preference shares early in June.

  • Sanghi Industries Promoters Sell Stake Via OFS - 27 Jun, 2024

    Promoters of Sanghi Industries, Ambuja Cements and Ravi Sanghi, are selling a 3.52% stake in the company through an Offer-for-Sale (OFS) that is open until Thursday. On Day 1, the OFS was subscribed 4.78 times by non-retail investors at an indicative price of Rs 97.80.

  • Ambuja Cements & Ravi Sanghi to Sell Stake in Sanghi Industries - 26 Jun, 2024

    Promoters Ambuja Cements and Ravi Sanghi will divest up to a 3.52% stake in Sanghi Industries through an offer for sale (OFS) with a floor price of Rs 90 per share, implying a nearly 12% discount on the current market price.

  • Sanghi Industries Promoters to Sell Stake via OFS - 25 Jun, 2024

    Ambuja Cements and Ravi Sanghi, promoters of Sanghi Industries, will sell up to 3.52% stake through an offer-for-sale (OFS) route at a floor price of Rs 90 per share. The two-day OFS will open on June 26 for non-retail investors and on June 27 for retail investors.

  • Ambuja Cements Acquires Billion Tonnes Reserve from Sanghi Industries - 24 Jun, 2024

    Ambuja Cements, an Adani Group company, has secured a billion-tonne reserve of Sanghi Industries, which it acquired last year for Rs 5,185 crore. Winning bids for coal and limestone mines is critical to ensure self-sufficiency, with coal mines in Dahegaon-Gowari and the existing Gare Palma coal block catering to 40% of Ambuja Cements Ltd. coal requirements.

  • Sanghi Industries Buyout Comparison with Penna Deal - 14 Jun, 2024

    Analysts compare Sanghi Industries' earlier buyout to Ambuja Cement's recent Penna deal, predicting increased competition with utilisation ramp-up at Penna. Systematix Institutional Equities sees the Penna deal as value-accretive and cheaper than Sanghi's acquisition.

Insights on Sanghi Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.01% to 0.16% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 21.14% to 24.47% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.13% to 0.18% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 63.5% return, outperforming this stock by 61.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Grasim Industries Ltd has given 82.1% return, outperforming this stock by 43.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SANGHIIND stock has moved down by -7.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 78.52% to 75.00% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2024Y/Y Change
Total Assets
₹3,628.30Cr
↓2.19%
Total Liabilities
₹2,517.51Cr
↑17.06%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹243.33Cr
↑867.51%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
-4.48
Foreign Institutions
0.18%
34.54
Mutual Funds
0.16%
2087.32
Retail Investors
24.47%
15.75
Others
0.19%
-2.34

Key Indicators

Earnings and Dividends

  • Sanghi Industries Ltd Earnings Results

    Sanghi Industries Ltd’s net profit jumped 81.81% since last year same period to ₹-19.02Cr in the Q4 2023-2024. On a quarterly growth basis, Sanghi Industries Ltd has generated 90.56% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Sanghi Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Sanghi Industries Ltd shares.

Sanghi Industries Ltd (SANGHIIND) share price today is ₹96.62

Sanghi Industries Ltd is listed on NSE

Sanghi Industries Ltd is listed on BSE

  • Today’s highest price of Sanghi Industries Ltd is ₹97.4.
  • Today’s lowest price of Sanghi Industries Ltd is ₹96.1.

Today’s traded volume of Sanghi Industries Ltd(SANGHIIND) is 2.90L.

Today’s market capitalisation of Sanghi Industries Ltd(SANGHIIND) is ₹2479.41Cr.

Sanghi Industries Ltd(SANGHIINDPrice
52 Week High
₹156
52 Week Low
₹82.9

Sanghi Industries Ltd(SANGHIIND) share price is ₹96.62. It is down -38.06% from its 52 Week High price of ₹156

Sanghi Industries Ltd(SANGHIIND) share price is ₹96.62. It is up 16.55% from its 52 Week Low price of ₹82.9

Sanghi Industries Ltd(SANGHIINDReturns
1 Day Returns
0.64%
1 Month Returns
-7.49%
3 Month Returns
3.09%
1 Year Returns
2.38%