The Ramco Cements Ltd Share Price (RAMCOCEM)
₹799.45
The Ramco Cements Ltd share Performance
- ₹794.4₹815₹799.45
0.63%
Low
Day's Volatility:2.58%
High
1.95%
- ₹716.05₹1058.2₹799.45
10.43%
Low
52 Weeks Volatility:42.80%
High
32.37%
| Returns % | |
| 1 Month Return | 0.44 % |
| 3 Month Return | -15.1 % |
| 1 Year Return | 6.84 % |
| Market Stats | |
| Previous Close | ₹807.30 |
| Open | ₹810.00 |
| Volume | 4.82L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹19,075.88Cr |
Analyst Rating for The Ramco Cements Ltd stock
based on 31 analysts
Based on 31 analysts offering long term price targets for The Ramco Cements Ltd. An average target of ₹950.23
Source: S&P Global Market Intelligence
Company Information
The company's top products include Portland Cement, Ordinary Portland Cement, Pozzolana Portland Cement, and Portland Slag Cement. Its popular brands include Ramco Supercrete, Ramco Supercrete Plus, Ramco Supercrete Duratech, and Ramco Supercrete High Strength. The Ramco Cements Ltd has a strong presence in the southern and eastern parts of India, and is the largest producer of Portland Slag Cement in the country. It has a network of over 6,000 dealers and distributors across India, and exports to over 10 countries.
Share Price: ₹799.45 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹19,075.88Cr as of today
Revenue: ₹2,110.88Cr as on December 2023 (Q4 23)
Net Profit: ₹84.01Cr as on December 2023 (Q4 23)
Listing date: 06 Dec, 1994
Chairperson Name: M F Farooqui
| Organisation | The Ramco Cements Ltd |
| Headquarters | Chennai |
| Industry | Cement |
| E-voting on shares | Click here to vote |
Key events for The Ramco Cements Ltd
Cement Producers' Profitability Likely to be Hit in March Quarter - 10 Apr, 2024
The Ramco Cements Ltd, along with other leading cement makers such as UltraTech Cement and Dalmia Bharat, have seen a fall in share prices by 7-21% due to weak pricing. The average prices of cement are down 5-6% in the March quarter compared to Oct-Dec, resulting in lower operating profits for companies on every tonne of cement sold.
Ramco Cements Commissions Line II at Odisha Grinding Unit - 03 Apr, 2024
The Ramco Cements Ltd has commissioned Line II and started commercial production at its existing grinding unit in Haridaspur, Odisha. The cement manufacturing capacity of the new line is 0.90 MTPA, increasing the aggregate capacity of the Odisha Grinding Unit to 1.8 MTPA.
Ramco Cements' Future ROE Predicted to Rise Despite Low Current Figures - 02 Apr, 2024
The Ramco Cements Ltd has seen a decline in net income by 8.9% over the last five years, with an ROE of 5.4%, lower than the industry average of 8.2%. However, future predictions show that the company's ROE is expected to rise to 10%, despite its low three-year median payout ratio of 8.7%.
ICICI Securities Recommends Buy Call on The Ramco Cements - 18 Mar, 2024
ICICI Securities has recommended a buy call on The Ramco Cements with a target price of Rs 1072. For the quarter ended December 31, 2023, the company reported a consolidated total income of Rs 2117.39 crore, down -9.98% from the last quarter and up 4.80% from the same quarter last year. Promoters held 42.11% stake in the company as of Dec 31, 2023.
Ramco Cements Utilizes Dedicated Freight Corridor for Transportation - 13 Mar, 2024
The Ramco Cements has inaugurated the Gati Shakti Cargo Terminal project, enabling the transportation of crushed limestone via railway wagons. The company has also started moving crushed limestone from its mines to its cement plant using an electric locomotive and a dedicated freight corridor.
Fundamentals of The Ramco Cements Ltd
Insights on The Ramco Cements Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 72.02 Cr → 84.48 Cr (in ₹), with an average increase of 14.8% per quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 42.11% to 42.29% in Mar 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 13.63% to 14.66% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Ambuja Cements Ltd has given 105.2% return, outperforming this stock by 122.9%
- NO EFFECT
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 61.2% return, outperforming this stock by 54.4%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 18.43% to 17.84% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, RAMCOCEM stock has moved down by -18.2%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 7.94% to 7.43% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.35K Cr → 2.11K Cr (in ₹), with an average decrease of 10.0% per quarter
The Ramco Cements Ltd Valuation
The Ramco Cements Ltd in the last 5 years
Lowest (15.00x)
June 17, 2022
Today (48.31x)
April 16, 2024
Industry (63.09x)
April 16, 2024
Highest (76.80x)
July 5, 2023
Mutual Fund Holdings
| Funds | Holdings |
 Kotak Flexicap Fund Direct Growth | 1.41% |
| Kotak Emerging Equity Scheme Direct Growth | 1.15% |
 SBI Contra Fund Direct Growth | 0.64% |
| SBI Magnum Midcap Fund Direct Growth | 0.83% |
 ICICI Prudential India Opportunities Fund Direct Growth | 0.78% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 42.29% | 0.00 | |
| Foreign Institutions | 7.43% | 0.00 | |
| Mutual Funds | 17.84% | 0.00 | |
| Retail Investors | 14.66% | 0.00 | |
| Others | 17.78% | 0.00 |
Technicals of The Ramco Cements Ltd share
News & Events of The Ramco Cements Ltd
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The Ramco Cements Ltd (RAMCOCEM) share price today is ₹799.45
The Ramco Cements Ltd is listed on NSE
The Ramco Cements Ltd is listed on BSE
- Today’s highest price of The Ramco Cements Ltd is ₹815.
- Today’s lowest price of The Ramco Cements Ltd is ₹794.4.
PE Ratio of The Ramco Cements Ltd is 48.31
PE ratio = The Ramco Cements Ltd Market price per share / The Ramco Cements Ltd Earnings per share
Today’s traded volume of The Ramco Cements Ltd(RAMCOCEM) is 4.82L.
Today’s market capitalisation of The Ramco Cements Ltd(RAMCOCEM) is ₹19075.88Cr.
| The Ramco Cements Ltd(RAMCOCEM | Price |
|---|---|
52 Week High | ₹1058.2 |
52 Week Low | ₹716.05 |
The Ramco Cements Ltd(RAMCOCEM) share price is ₹799.45. It is down -24.45% from its 52 Week High price of ₹1058.2
The Ramco Cements Ltd(RAMCOCEM) share price is ₹799.45. It is up 11.65% from its 52 Week Low price of ₹716.05
| The Ramco Cements Ltd(RAMCOCEM | Returns |
|---|---|
1 Day Returns | -7.85% |
1 Month Returns | 0.44% |
3 Month Returns | -15.1% |
1 Year Returns | 6.84% |