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Ramco Cements Ltd (TRCE.NS)

TRCE.NS on National Stock Exchange of India

707.60INR
20 Mar 2019
Change (% chg)

Rs-10.60 (-1.48%)
Prev Close
Rs718.20
Open
Rs718.55
Day's High
Rs725.55
Day's Low
Rs704.30
Volume
156,636
Avg. Vol
328,018
52-wk High
Rs879.10
52-wk Low
Rs546.90

Latest Key Developments (Source: Significant Developments)

India's Ramco Cements Dec-Qtr Net PAT Falls
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Ramco Cements Ltd ::DEC QUARTER NET PROFIT AFTER TAX 1.01 BILLION RUPEES VERSUS PROFIT OF 1.23 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR DEC QUARTER PROFIT WAS 1.07 BILLION RUPEES.DEC QUARTER SALE OF PRODUCTS 12.07 BILLION RUPEES VERSUS 10.48 BILLION RUPEES LAST YEAR.  Full Article

Ramco Cements To Invest 15 Bln Rupees In Green Field Cement Plant Project At Kurnool
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Ramco Cements Ltd ::STARTS CONSTRUCTION OF 3.15 MTPA GREEN FIELD CEMENT PLANT AT KURNOOL, TO INVEST AROUND 15 BILLION RUPEES IN THE PLANT.SAYS KURNOOL PLANT IS EXPECTED TO BE COMPLETED WITHIN 15 MONTHS FROM THE DATE OF ALL STATUTORY CLEARANCE.SAYS KURNOOL PROJECT IS EXPECTED TO GENERATE DIRECT EMPLOYMENT OF 300 PEOPLE AND INDIRECT EMPLOYMENT OF AROUND 1000 PEOPLE.TO EXPAND CLINKER CAPACITY FROM 3.10 MTPA TO 4.60 MTPA WITH WASTE HEAT RECOVERY SYSTEM AT JAYANTHIPURAM PLANT AT COST OF 7.40 BILLION RUPEES.SAYS EXPANSION PROJECT AT JAYANTHIPURAM PLANT IS EXPECTED TO BE COMMISSIONED IN MARCH 2020.EXPANDING GRINDING CAPACITY AT VIZAG BY ANOTHER 1 MTPA WITH INVESTMENT OF 2.50 BILLION RUPEES.WILL EXPAND GRINDING CAPACITY IN KOLAGHAT WEST BENGAL FROM 0.9 MTPA TO 2 MTPA AT A COST OF 4.25 BILLION RUPEES WITH RAILWAY SIDING FACILITY.ESTABLISHING GREEN FIELD GRINDING PLANT IN ODISHA WITH A CAPACITY OF 0.9 MTPA AT COST OF 5.15 BILLION RUPEES WITH RAILWAY SIDING FACILITY.PLANT IN ODISHA IS EXPECTED TO BE COMMISSIONED BY SEPTEMBER 2019.SET TO REACH CEMENT CAPACITY OF 20 MTPA BY END 2020; PROPOSED CAPEX EXPECTED TO BE FUNDED VIA INTERNAL ACCRUALS, BALANCE VIA BORROWINGS.  Full Article

Ramco Cements Says Ongoing Expansion Programme Are For Kolaghar, Vizag Grinding Unit
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Ramco Cements Ltd ::CO'S ONGOING EXPANSION PROGRAMME ARE EXPANSION OF KOLAGHAR, VIZAG GRINDING UNIT AND NEW GRINDING UNIT IN ODISHA.CO'S ONGOING EXPANSION PROGRAMME ALSO INCLUDE EXPANSION OF CLINKERING CAPACITY IN JAYATHIPURAM.AGGREGATE ESTIMATED CAPEX FOR EXPANSION PLANS IS 19.30 BILLION RUPEES, PROPOSED TO BE FUNDED BY INTERNAL ACCRUALS.  Full Article

India's Ramco Cements March-Qtr Net Profit Falls 19 Pct
Wednesday, 23 May 2018 

May 23 (Reuters) - Ramco Cements Ltd ::MARCH QUARTER NET PROFIT 1.09 BILLION RUPEES VERSUS PROFIT OF 1.34 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 1.33 BILLION RUPEES.MARCH QUARTER TOTAL REVENUE 12.74 BILLION RUPEES VERSUS 11.96 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 3 RUPEES PER SHARE.  Full Article

India's Ramco Cements Sept-qtr profit down about 19 pct
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Ramco Cements Ltd ::Sept quarter net profit after tax 1.69 billion rupees versus profit of 2.07 billion rupees last year.Ramco Cements Ltd consensus forecast for Sept quarter profit was 1.32 billion rupees.Sept quarter total revenue 10.74 billion rupees versus 11.74 billion rupees last year.  Full Article