The price-to-moving averages hints at a favourable trend for India Cements; similarly, select technical factors augur well for cement stocks such as Ambuja Cements, Ramco Cements and NCL Industries.
JM Financial Institutional Securities has picked UltraTech Cement and JK Cement as its top picks in the cement sector; here's why
UBS stays positive on cement sector, sees price recovery, margin gains, and consolidation ahead. Top stock picks for FY26 include Ambuja, UltraTech, Dalmia Cement
At 10:41 AM, the stock was trading 5.38 per cent lower at ₹1,075, underperforming the broader BSE Sensex, which was down 0.54 per cent at 80,188.05.
Ramco Cements share price dropped after the company posted a weak set of results in the March quarter of financial year 2025 (Q4FY25).
Short-term trading strategies in stocks - MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements - that will be excluded from the NSE F&O segment after the May expiry.
According data from the NSE F&O segment, Tube Investments of India and PI Industries witnessed some short-covering in the week ended March 13, 2025.
Profit before exceptional items and tax for the company's cement business fell to Rs 4.35 crore ($496,774) during the October-to-December period from Rs 135 crore a year earlier
Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.
Nomura analysts project a 6 per cent year-on-year (Y-o-Y) volume growth for the Indian cement industry in FY26F, compared to an estimated 3 per cent in FY25F
The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December
While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.
On November 18, Ramco Industries had bought 4,66,600 shares of Ramco Cements which were worth Rs 41.95 crore
Company's net profit after tax for its standalone business, which comprises its cement segment, dropped to Rs 25.58 crore ($3 million) for the quarter ended Sept. 30 from Rs 101 crore a year earlier
Over the past four years, City Union Bank share prices have largely consolidated within a defined range.
The Ramco Cements Ltd on Thursday reported a 50.82 per cent decline in its consolidated net profit to Rs 36.57 crore in the June 2024 quarter due to a fall in cement prices and weak demand amid the Lok Sabha polls. The company posted a net profit of Rs 74.36 crore during the April-June quarter of the previous fiscal, The Ramco Cements said in a regulatory filing. Its revenue from operations fell 6.81 per cent to Rs 2,093.55 crore during the quarter under review against Rs 2,246.66 crore a year ago. The decline in net revenue for the Q1 FY25 is "due to drop in cement prices by around 8 per cent", a company's earning statement said. Moreover, the cost of raw materials "increased by 9 per cent YoY (Year-on-Year) from Rs 911 to Rs 990 per tonne for the current year due to inflationary impact on procurement cost", it added. Its total expenses in the June quarter were Rs 2,054.11 crore, down 4.3 per cent. "During Q1 FY25, the sale volume is 4.36 million tonnes, compared to 4.30 million
In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.
At 6:53 AM, GIFT Nifty futures were trading down 13 points at 22,644.50 against Nifty futures
Standalone net profit after tax fell over 20% year-on-year to Rs 121 crore ($14.5 million) during January-March, missing analysts' expectations of Rs 127 crore
Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies