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RAMCO CEMENTS EXPANSION
Ramco Cements shares in focus as company sees revenue doubling in 4–5 yearsRamco Cements has set an ambitious target to double its revenue to ₹16,000 crore within the next 4–5 years, backed by a ₹2,000 crore push f...
Stocks in news: Ramco Cements, Nalco, Ultratech, Lloyds Metal, Indian OilIndian Oil and Air India partnered for sustainable aviation fuel supply. Ramco Cements plans to expand production capacity by 2026. Nalco f...
Ramco Cements on track to expand production capacity to 30 mn tonnes by June 2026Ramco Cements plans to increase cement production to 30 million tonnes by 2026. The expansion requires an investment of Rs 1,000 crore at t...
Strong demand in cement for next 1-2 yrs; 5 stocks to bet on: Ronald SiyoniRonald Siyoni, says there is an intention within the sector to go ahead with the cement price hike. We have seen about 1.5% odd price hikes...
The Ramco Cements' 98% slide in Q2 profit sparks target cutsThe cement and cement products player reported a 98% year-on-year (YoY) decline in net profit to Rs 11 crore for the quarter that ended Sep...
Buy Ramco Cements, target price Rs 790: Centrum BrokingThe Ramco Cements Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 15114.44 Crore) operating in Cemen...
Buy The Ramco Cements, target price Rs 1050: Emkay GlobalThe Ramco Cements Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 19811.93 Crore) operating in Cemen...
Ramco Cements Q4 results: Profit jumps 51% to Rs 216 crTotal revenue was up 16.93 per cent to Rs 1,641.53 crore during the quarter under review as against Rs 1,403.90 crore in the corresponding ...
Neutral on Ramco Cements, target price Rs 595: Motilal OswalThe brokerage has raised its FY21/FY22 EPS estimates and target price by around 5 per cent to factor better pricing in the southern region.
Analysts upgrade Ramco Cements’ FY21 earnings on strong Q2 showThe company commands premium valuation in comparison with large-sized cement players.
Ramco Cements Q2 net up 68% at Rs 168 croreFor the six-month period, profit of the company grew by 50.3 per cent to Rs 360.12 crore from Rs 239.45 crore.
Expansion pay-off: Ramco Cements eyes Rs 7500 Cr revenue in FY21"Our current capacity is 12.5 million tonnes per annum. Once the current expansion plans are completed, we expect the revenues to touch Rs ...
Analysts expect Ramco’s EPS to rise 35-50%On enhanced capacity, Ramco Cements is expected to see volume growth in the range of 8-15 per cent for the next two years.
Capacity addition in key markets to boost RamcoRamco Cements has debt to equity ratio of 0.3, having halved its debt in the past three years.
Stock pick of the week: Why analysts are bullish on Ramco CementsVolume growth of 21%, focus on eastern market for geographical diversification, capacity addition, and 25% correction in the stock has made...
How Southern cement makers beat cash crunchIn the next year, consumption in AP and Telangana is expected to rise by 20-25% while in Tamil Nadu, Kerala and Karnataka, it is likely to ...
Ramco Cements gets green nod to expand power plant in Tamil NaduThat apart, it also has to install high Efficiency Electrostatic Precipitators (ESPs) to ensure that particulate emission does not exceed a...
Big firms like UltraTech, ACC and Ambuja to gain from rising cement pricesLarge-sized cement companies such as UltraTech Cement, Shree Cement, Ramco Cement, Orient Cement, ACC and Ambuja Cement may see earnings up...
Positive on UltraTech in large cap cement space: Jaspreet Singh Arora, Anand Rathi Financial Services"We have been positive on UltraTech throughout the last couple of quarters and we still believe that is the stock to watch out for."
FIIs flock to cement companies on demand surge hopesIn the last three years, FIIs have increased their holding in the range of 5-12% in cement companies such as ACC, Ultratech, Ramco Cements.