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1 Comment
The Ramco Cements Limited is currently in a long term uptrend where the price is trading 18.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 4.5.
The Ramco Cements Limited's total revenue rose by 3.3% to $13B since the same quarter in the previous year.
Its net income has increased by 118.5% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 412.7% to $8B since the same quarter in the previous year.
Based on the above factors, The Ramco Cements Limited gets an overall score of 5/5.
ISIN | INE331A01037 |
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Exchange | NSE |
Sector | Basic Materials |
Industry | Building Materials |
CurrencyCode | INR |
Target Price | 909.375 |
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PE Ratio | 58.79 |
Dividend Yield | 0.3% |
Market Cap | 222B |
Beta | -0.06 |
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, the company involved in the generation and sale of electricity from windmills and thermal power plants; manpower supply; transportation of goods by road; and information technology services. It also exports its products to Maldives and Myanmar. The company was formerly known as Madras Cements Ltd. and changed its name to The Ramco Cements Limited in July 2013. The Ramco Cements Limited was incorporated in 1957 and is headquartered in Chennai, India.
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