The Ramco Cements Limited (NSE: RAMCOCEM)

India flag India · Delayed Price · Currency is INR
914.95
+11.40 (1.26%)
Nov 21, 2024, 3:30 PM IST
-6.81%
Market Cap 223.28B
Revenue (ttm) 89.27B
Net Income (ttm) 2.76B
Shares Out 236.29M
EPS (ttm) 12.10
PE Ratio 78.07
Forward PE 54.34
Dividend 2.50 (0.26%)
Ex-Dividend Date Aug 9, 2024
Volume 1,002,672
Open 905.00
Previous Close 903.55
Day's Range 897.05 - 921.15
52-Week Range 700.00 - 1,058.20
Beta 0.33
Analysts n/a
Price Target n/a
Earnings Date Oct 31, 2024

About The Ramco Cements

The Ramco Cements Limited manufactures and sells cement, ready mix concrete, and dry mortar products in India. The company offers blended and ordinary Portland cements; ready mix concrete; and dry mortar products, including tile fix, super plaster, water proof compound, block fix, and tile grout under the RAMCO brand. It also offers construction solutions for housing projects, apartments/institutions, public infrastructure projects, and industrial projects; and technical assistance and after sales support to builders and customers. In addition,... [Read more]

Sector Materials
Founded 1957
Employees 3,647
Stock Exchange National Stock Exchange of India
Ticker Symbol RAMCOCEM
Full Company Profile

Financial Performance

In 2023, The Ramco Cements's revenue was 93.76 billion, an increase of 14.94% compared to the previous year's 81.57 billion. Earnings were 3.60 billion, an increase of 14.44%.

Financial Statements

News

Citi upgrades Indian cement sector to ‘Overweight,’ sets Nifty target at 25,000 by September 2025

Citi India Strategy has upgraded the cement sector to “Overweight” from “Neutral,” citing expectations of volume recovery in H2 CY24 and stabilization of EBITDA per ton metrics. The brokerage has reco...

2 days ago - Business Upturn

Ramco Cements Share: Citi upgrades Ramco Cements to buy, raises target to Rs 1,050 citing cost efficiency

Citi has upgraded its rating on Ramco Cements from sell to buy, increasing the target price from ₹750 to ₹1,050, indicating a positive outlook on the company’s cost management and market mix strategy....

10 days ago - Business Upturn

Ramco Cements shares surge over 3% following investment and fundraising announcement

Shares of Ramco Cements surged over 3% today, trading at ₹897.05 on the NSE as of 9:27 AM, following key announcements from its board meeting on November 11, 2024. The board of Ramco Industries approv...

11 days ago - Business Upturn

Jefferies maintains ‘Underperform’ rating on Ramco Cements with target price cut to Rs 680, expecting 22% downside

Jefferies has reiterated its ‘Underperform’ rating on Ramco Cements, lowering the target price to ₹680, indicating a potential 22% downside from the current market price (CMP) of ₹872.90. Key points f...

11 days ago - Business Upturn

Cement Stocks Update: Ramco Cements, ACC, Dalmia Bharat, and India Cements hike prices by ₹20-30 per 50KG in Andhra, Telangana, and Tamil Nadu

As reported by NDTV Profit, major cement companies including Ramco Cements, ACC, Dalmia Bharat, and India Cements have hiked prices by ₹20 to ₹30 per 50KG bag across Andhra Pradesh, Telangana, and Tam...

7 weeks ago - Business Upturn

Ramco Cements increases grinding capacity by 0.9 MTPA following de-bottlenecking at Andhra Pradesh and Tamil Nadu plants

Ramco Cements has announced a significant increase in its cement grinding capacity after successfully carrying out de-bottlenecking at two of its major plants. The company’s Kalavatala Plant in Andhra...

2 months ago - Business Upturn