The Ramco Cements Ltd.

NSE: RAMCOCEM | BSE: 500260 | ISIN: INE331A01037 |Industry: Cement & Cement Products
|Expensive Star

The Ramco Cements Ltd.    
23 May 2019
789.75
-0.77%
ICICI Securities Limited
Strong capacity addition lined up; leverage to remain stable Ramco has a pipeline of 6.2 MT of cement capacity to be commissioned over FY20E and FY21E (refer exhibit 4). During FY20E, 2 MT of capacity in the East (West Bengal, Odisha) and 1 MT in South (Vizag). Rest of the capacities would be coming in FY21E along with 3.75 MT of clinker capacity addition (greenfield and brownfield). These projects would be completed at a cost of ~| 3430 crore out of which | 1200 crore has already been spent in FY19. Over two years, the balance would be spent for which we believe some debt...
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The Ramco Cements Ltd. has gained 29.19% in the last 1 Year
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