1105.3000 3.10 (0.28%)
NSE Jul 10, 2025 15:52 PM
Volume: 366.5K
 

1105.30
0.28%
Motilal Oswal
TRCL's 2QFY22 result reflects volume recovery in South India, post the slowdown seen during COVID-19 lockdowns. Volume improved by 27% QoQ and 23% YoY, which helped it to operate its clinker plants at 74% capacity. The company remains a play on the volume recovery theme and one of the better picks in the Cement space, led by its capacity expansion plans (clinker capacity increase of 38%) and Balance Sheet deleveraging (net debt/EBITDA expected to peak out at 2.1x in FY22E and should improve to 1x in FY24E). Recent price increase in its key markets should help to mitigate fuel cost...
The Ramco Cements Ltd. is trading above all available SMAs
More from The Ramco Cements Ltd.
Recommended