The Ramco Cements Limited (NSE: RAMCOCEM)
Market Cap | 234.27B |
Revenue (ttm) | 89.27B |
Net Income (ttm) | 2.76B |
Shares Out | 236.29M |
EPS (ttm) | 12.10 |
PE Ratio | 81.91 |
Forward PE | 55.44 |
Dividend | 2.50 (0.25%) |
Ex-Dividend Date | Aug 9, 2024 |
Volume | 418,832 |
Open | 999.00 |
Previous Close | 1,000.05 |
Day's Range | 983.80 - 1,005.45 |
52-Week Range | 700.00 - 1,060.00 |
Beta | 0.33 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 5, 2025 |
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]
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 StatementsNews
Prefer UltraTech, Shree Cement, Ambuja & Ramco Cements in the sector: Nomura
Nomura has provided an updated outlook on the cement sector, maintaining Buy ratings on UltraTech Cement, Shree Cement, Ambuja Cements, and Ramco Cements
Ramco Industries acquires shares in Ramco Cements for Rs 16.02 crore
Ramco Industries has recently acquired 173,000 shares of Ramco Cements for INR 16.02 crore, increasing its stake to 0.07%. This acquisition is part of a broader investment strategy, with a total acqui...
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...
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....
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...
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...
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...
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...