Tuesday, 7 February 2017


The stock of Ramco Cements Ltd., tumbled to Rs 685.75 per share, down by Rs 28.8 per share or 4.03% after announcement of its financial results for the quarter ended on December 31, 2016.

The company announced its unaudited standalone financial results for the quarter ended on December 31, 2016 at lunch hours in Tuesday’s trading session.

Following are the excerpts of the Q3 results:

Net profits jumped up by 28.4% at Rs 151.9 cr vs RS 118.3 cr (YoY).
Total income is up by 18% at Rs 1,111 cr vs Rs 941.2 cr (YoY).
EBITDA is up by 15.8% at Rs 294.4 cr vs Rs 254.3 cr (YoY).

The Ramco Cements Ltd is currently trading at Rs 683.7, down by Rs 30.85 or 4.32% from its previous closing of Rs 714.55 on the BSE.

The scrip opened at Rs 718.8 and has touched a high and low of Rs 721.15 and Rs 675 respectively. So far 649042(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 17011.78 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 728 on 31-Jan-2017 and a 52 week low of Rs 354.55 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 728 and Rs 662 respectively. The promoters holding in the company stood at 42.3 % while Institutions and Non-Institutions held 43.06 % and 14.64 % respectively. The stock is currently trading above its 100 DMA.

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