Orient Cement Limited (NSE: ORIENTCEM)
India
· Delayed Price · Currency is INR | Market Cap | 69.54B |
| Revenue (ttm) | 28.80B |
| Net Income (ttm) | 1.52B |
| Shares Out | 204.87M |
| EPS (ttm) | 7.43 |
| PE Ratio | 45.66 |
| Forward PE | n/a |
| Dividend | 2.25 (0.65%) |
| Ex-Dividend Date | Jul 29, 2024 |
| Volume | 820,577 |
| Open | 345.85 |
| Previous Close | 345.85 |
| Day's Range | 338.00 - 347.00 |
| 52-Week Range | 182.00 - 379.00 |
| Beta | 0.48 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 30, 2025 |
About Orient Cement
Orient Cement Limited manufactures and sells cement in India. The company offers pozzolana and ordinary Portland cement under the Birla.A1 Premium Cement, StrongCrete, OrientGreen, and Dolphin brand names. Its products are used in residential, commercial, infrastructure, industrial, and community projects. The company was founded in 1979 and is based in New Delhi, India. [Read more]
Financial Performance
In 2023, Orient Cement's revenue was 31.85 billion, an increase of 8.43% compared to the previous year's 29.38 billion. Earnings were 1.75 billion, an increase of 42.37%.
Financial StatementsNews
Ambuja seeks CCI nod to buy 47% in Orient
India Business News: NEW DELHI: Ambuja Cements has sought approval from the Competition Commission of India to acquire a majority stake in Orient Cement in a Rs 8,100-cror.
Orient Cement Q2 FY25 Results: Revenue declines 24.5% YoY to Rs 544.02 crore; Net profit drops 90.6% YoY to Rs 2.34 crore
Orient Cement announced its Q2 FY25 financial results, revealing a decline in revenue and net profit on a year-over-year basis, while also showing sequential quarter-over-quarter decreases. For the qu...
Ambuja buys Orient Cement from CK Birla for 3,791 crore
Ambuja Cements, controlled by Gautam Adani, is set to acquire a 47% stake in Orient Cement from Chandra Kant Birla for Rs 3,791 crore. This move, along with an open offer for an additional 26% stake, ...
Ambuja Cements' acquisition of Orient Cement unlikely to spur demand for petcoke
Ambuja Cements, an arm of Adani Group, announced Oct. 22 that the company will acquire 46.8% stake in the Orient Cement for an equity value of Rupee 8,100 crore ($963.4 million) or share value of Rupe...
Adani acquires Orient Cement for 8.1k cr, expands capacity by 16.6 MTPA
Adani Cement, through its subsidiary Ambuja Cements, has acquired a 46.8% stake in Orient Cement for Rs 8,100 crore, boosting its cement capacity to over 100 MTPA by FY25. This strategic move is set t...
Adani Group Acquires 47% Stake In Orient Cement For Rs 8,100 Crore
Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.
Adani Conglomerate Acquires Orient Cement for $963 Million
Ambuja Cements Ltd., part of the Adani Group, acquired Orient Cement Ltd. for 81 billion rupees ($963 million), as billionaire Gautam Adani continues to snap up makers of the key raw material needed f...
Why Orient Cement is up 3% today: Check out the potential reason
Shares of Orient Cement (NSE: ORIENTCEM) surged nearly 3% in early trading today, currently trading at ₹362.35, up by ₹9.90 (+2.81%) as of 9:17 AM. The stock’s rise comes on the back of a significant ...
Ambuja Cement shares surge as company announces acquisition of 45.7% stake in Orient Cement for ₹8,100 crore
Ambuja Cements has revealed its plan to acquire a 45.7% stake in Orient Cement Limited (OCL) in a deal worth approximately ₹8,100 crore. The transaction is priced at ₹395.40 per share and will trigger...
Ambuja Cements to acquire 46.8% stake in Orient Cement at Rs 8,100 crore equity value
Ambuja Cements, part of Adani Group, has signed a binding agreement to acquire a 46.8% stake in Orient Cement for INR 8,100 crore. This acquisition would add 16.6 MTPA capacity to Ambuja’s portfolio, ...
Adani Group’s Ambuja Cements to acquire 45.7% stake in Orient Cement for ₹8,100 crore, boosting capacity towards 100 MTPA by FY25
Ambuja Cements has announced its acquisition of a 45.7% stake in Orient Cement Limited (OCL), in a deal valued at approximately ₹8,100 crore. The transaction, priced at ₹395.40 per share, will trigger...
Orient Cement accepts work order for Clinker Grinding Unit installation
Orient Cement Limited has received and accepted a work order from the Madhya Pradesh Power Generating Company Limited (MPPGCL) to install a Clinker Grinding Unit at the Satpura Thermal Power Station i...
Orient Cement stock surges 4.75% during active trading today
As of 3:03 AM, Orient Cement (ORIENTCEM) shares on the National Stock Exchange (NSE) are trading at ₹306.50. The stock price has changed by ₹13.90, or 4.75%, from its previous close of ₹292.60. The st...