Is it good to invest in India Cement share?

Is it good to invest in India Cement share?

By 2020, cement manufacturing capacity is expected to reach 550 MT. Because India has abundant and high-quality limestone reserves throughout the country, the cement sector has enormous expansion potential….10 Best Cement Stocks By Market Capitalizaton.

Company Last Price Market Cap(Rs. cr)
Heidelberg Cem 248.65 5,634.74

Can I buy India Cement share?

One can buy India Cement shares at current market price for the immediate target of ₹185 keeping stop loss at ₹158. Currently India Cement share price at NSE is ₹165.90 (at 11:10 AM IST), up 1.31 per cent from its Thursday close.

Which cement company is MS Dhoni the vice president of marketing in an entity that his IPL team is sponsored by?

The India Cements
The former captain of Indian cricket team has been a long-serving employee of The India Cements.

Who is the CEO of India Cements?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of India Cements Ltd….PREMARKET.

N Srinivasan Vice Chairman & Mng.Director
Nalini Murari Ratnam Nominee Director
R Srinivasan Executive President
Rupa Gurunath Whole Time Director

Which is best cement stock?

Summary Table of the Best Cement Stocks to buy now in India

Company Name BSE Scrip Code CMP as of 3th June
Shree Cements 500387 28,348.45
Ambuja 500425 333.45
ACC 500410 2,027.25
Ramco Cements 500260 985.4

Why are cement shares falling?

UltraTech Cement Q2 Results: Net profit rises 7.6% YoY to Rs 1,300 cr, misses Street estimates. UltraTech Cement today reported a 7.6 per cent year-on-year rise in its net profit for the quarter ended September to Rs 1,300.1 crore.

Why is cement share going down?

India Cements’ sales, for instance, fell 1% in the June quarter due to weak demand and rising production cost. “The stock has benefited from the revival in sentiment,” says Raina. Ramco Cement, too, saw volumes fall by 3% to 2.13 million tonnes due to slow offtake in its key markets of Tamil Nadu and Telangana.

Is Dhoni owner of India Cements?

Earlier in 2015, India Cements, which owned CSK, had approved the transfer of ownership rights in favour of the newly formed subsidiary – CSK Cricket Ltd. Incidentally, MS Dhoni has been with CSK since its inception in 2008.

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