The Ramco Cements Ltd. News and Updates

Name: Latest research reports of The Ramco Cements Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: The Ramco Cements Ltd.
Rating: 5
Author: ICICI Direct

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The Ramco Cements Ltd.

26 Nov 2024

998.95

-0.52%

The Ramco Cement

Buy: The Ramco Cements Ltd.

Target

ICICI Direct

The Ramco Cements Ltd. has gained 27.88% in the last 1 Year

The Ramco Cements Ltd.

13 Nov 2024

998.95

-0.52%

Better than estimated volume growth drove earnings

Accumulate: The Ramco Cements Ltd.

Target

KRChoksey

The Ramco Cements beat our estimates across the board. Revenues stood at INR 20,441 Mn, down 12.7% YoY (-2.4% QoQ).
EBITDA declined by 22.6% YoY (-1.9% QoQ) to INR 3,141 Mn; EBITDA margin stood at 15.4 (-196bps YoY/ +7bps QoQ).

The Ramco Cements Ltd. is trading above all available SMAs

The Ramco Cements Ltd.

12 Nov 2024

998.95

-0.52%

Ramco Cements stock gains as Q2 results beat street estimates

Business Line

Analysts offered mixed reviews; Jefferies issued an underperform rating with a target price reduction from 690 to 680, while Motilal Oswal maintained a neutral stance with a target of 880.

Motilal Oswal increased Neutral price target of The Ramco Cements Ltd. to 1030.0 on 05 May, 2025.

The Ramco Cements Ltd.

12 Nov 2024

998.95

-0.52%

Ramco Cements rallies 7%, hits 9-month high on hopes of healthy H2 outlook

Business Standard

After a muted H1FY25, analysts expect that operational performance would improve in H2FY25 led by demand pick-up in south/east region & improvement in prices and continuous operational efficiencies.

The Ramco Cements Ltd. has an average target of 959.29 from 7 brokers.

The Ramco Cements Q2 Results Review - Outlook Remains Favorable; Maintain 'Buy': Systematix

NDTV Profit | 12 Nov 2024 2 more

The Ramco Cements Ltd.

12 Nov 2024

998.95

-0.52%

Stellar Q2; Retain BUY

Buy: The Ramco Cements Ltd.

Target

Sharekhan

We retain a BUY on Ramco with a revised PT of Rs. 1,060, marginally increasing our valuation multiple considering its strong cost competitiveness and future capacity additions at minimal capex requirements.

The Ramco Cements Ltd. has gained 27.88% in the last 1 Year

The Ramco Cements Ltd.

12 Nov 2024

998.95

-0.52%

The Ramco Cements (SELL): No respite from challenges; maintain SELL

Sell: The Ramco Cements Ltd.

Target

BOB Capital Markets Ltd.

Q2 revenue declined ~13% due to tepid volume growth and pricing pressures affecting realisations (down by 10%/5% YoY/QoQ)

The Ramco Cements Ltd. has gained 27.88% in the last 1 Year

The Ramco Cements Ltd.

11 Nov 2024

998.95

-0.52%

to see Rapid results content

The Ramco Cements Ltd.

29 Oct 2024

998.95

-0.52%

Ramco Cements Exits Ramco Industries, Sells Stake Worth Rs 326 Crore

NDTV Profit

The stake sale by Ramco Cements is part of its broader strategy to monetise non-core assets.

The Ramco Cements Ltd. has gained 27.88% in the last 1 Year

The Ramco Cements Ltd.

20 Sep 2024

998.95

-0.52%

Tamil Nadu-based Ramco Cements ups grinding capacity by nearly one MTPA

Business Standard

Tamil Nadu-based Ramco Cements on Friday said it has increased its cement grinding capacity by nearly one million tonnes per annum (MTPA). The company has carried out debottlenecking of cement grinding capacity at its Kalavatala Plant in Andhra Pradesh, resulting in an increase of capacity from 1.5 MTPA to 2 MTPA. In addition, at its Valapady Grinding Unit, in Salem District, Tamil Nadu, it has carried out debottlenecking of cement grinding capacity leading to increase of capacity from 1.6 MTPA to 2 MTPA. "The company's total cement grinding capacity has increased by 0.9 MTPA, from 23.14 MTPA to 24.04 MTPA with an aggregate investment of Rs 58 crore," according to a regulatory filing by the company. It has received consent to operate from the competent authorities for the increase in capacities. Ramco Cements revenue for the financial year ended on March 31, 2024 was at Rs 9,349.83 crore. The company operates five integrated cement units and six grinding units.