Ramco Cements share price hits 52-week high, up 47% this year; is it still buy-worthy? Experts weigh in
Ramco Cements share price is up 47 per cent year-to-date. The stock hit its 52-week low of 636.15 on January 30, 2023. As per the last traded price, the stock has gained 62 per cent from its 52-week low level.
The Ramco Cements Limited - 500260 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on November 20, 2023 for The Ramaraju Surgical Cotton Mills Ltd The Ramco Cements Limited - 500260 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 20, 2023 for The Ramaraju Surgical Cotton Mills Ltd The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Audio recording of Q2FY24 Results Zoom Call The Ramco Cements Limited - 500260 - INTIMATION OF PENDENCY OF LITIGATIONS / DISPUTES - UPDATES.
INTIMATION OF PENDENCY OF LITIGATIONS / DISPUTES - UPDADTES.
Neutral The Ramco Cements; target of Rs 1045: Motilal Oswal
Motilal Oswal recommended Neutral rating on The Ramco Cements with a target price of Rs 1045 in its research report dated November 09, 2023.
Hold The Ramco Cements; target of Rs 990: Emkay Global Financial
Emkay Global Financial recommended hold rating on The Ramco Cements with a target price of Rs 990 in its research report dated November 09, 2023.
Ramco Cements stock plunges 5% as investors book profit on strong Q2 results
India's Ramco Cements second quarter profit grew nearly nine times to Rs 101 crore as strong housing sales and firm infrastructure spending outpaced higher expenses The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Dear Sir, Sub: Audio Recording of Q2FY24 Results Zoom Call Ref: Disclosure under Clause 15(b) of Para A, Part A of Schedule III, read with Regulation 30 of SEBI (LODR) Regulations, 2015. In continuation of our letter dated 6th November 2023, informing you about the Q2FY24 Results Zoom Call, scheduled on 09.11.2023, organised by ICICI Securities, kindly note that the Audio Recording of the Zoom call is made available at - https://ramcocements.in/cms/uploads/GMT_20231109_113008_Recording_14c76bc03e.m4a Thanking you, Yours faithfully, For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY Q2FY24 Quarterly Result Announced for The Ramco Cements Ltd.
The Ramco Cements announced Q2FY24 results: Sales volume: 4.61 million tons, a 38% YoY increase. Cement capacity utilization: 82%. Net Revenue: Rs 2,343 crore, a 31% YoY growth. EBIDTA: Rs 412 crore, a significant 114% YoY increase. Blended EBIDTA per ton: Rs 894 in Q2FY24, up from Rs 575 in Q2FY23. Operating ratio improvement: 11% in Q2FY23 to 18% in Q2FY24. Cost challenges: 7% YoY increase in raw material costs, reaching Rs 897 per ton. Green power usage increased from 22% in Q2FY23 to 38% in Q2FY24. Targeting 40% green power share in FY24 and 45% in FY25. Interest cost: Rs 117 crore, up from Rs 55 crore in Q2FY23. Depreciation: Rs 157 crore, up from Rs 122 crore in Q2FY23. Profit before tax for Q2FY24: Rs 138 crore, a significant improvement. Net debt as of September 30, 2023: Rs 4,966 crore. Average cost of borrowings increased to 7.80% in Q2FY24. Total capex incurred in Q2FY24: Rs 941 crore, including land purchase. Result PDF