The cement sector showcased strong performance today, with major players witnessing upward momentum in their stock prices. This growth reflects positive market sentiment and optimism surrounding the construction and infrastructure sectors.
Key Highlights:
- Top Gainers:
- Anjani Port Cement: The stock surged by 5%, emerging as the top gainer in the cement sector.
- KCP: Registered an impressive 3.7% rise, following strong market demand and promising Q3 expectations.
- Broader Market Sentiment:
- The S&P BSE Sensex was up 0.37%, contributing to the bullish trend in the cement stocks.
- Stocks like Ambuja Cement (up 3.33%) and ACC (up 2.52%) also reported notable gains.
- Upcoming Quarterly Results: The market anticipates further clarity as key players gear up for their Q3 FY25 results. Here’s the schedule:
- UltraTech Cement: January 21, 2025
- Dalmia Bharat: January 21, 2025
- Nuvoco Vistas: January 22, 2025
- JK Cement: January 25, 2025
- Shree Cement: January 30, 2025
Cement Stocks and Current Performance
| Scrip | BSE Price (₹) | Change (%) | NSE Price (₹) | Change (%) |
|---|---|---|---|---|
| ACC | 2,022.05 | 2.52% | 2,017.00 | 2.40% |
| Ambuja Cement | 536.55 | 3.33% | 534.05 | 2.84% |
| Birla Corporation | 1,177.00 | 1.80% | 1,176.45 | 1.78% |
| Dalmia Bharat | 1,747.65 | 0.63% | 1,742.40 | 0.31% |
| Heidelberg Cement | 213.60 | 0.28% | 213.20 | -0.00% |
| HIL | 2,229.05 | 1.02% | 2,241.90 | 1.61% |
| India Cements | 379.00 | 0.38% | 378.85 | 0.34% |
| Indian Hume Pipe | 352.00 | 2.13% | 351.05 | 2.14% |
| JK Cement | 4,536.35 | 1.71% | 4,544.50 | 1.95% |
| JK Lakshmi Cement | 789.00 | 0.73% | 786.90 | 0.36% |
| KCP | 223.10 | 3.72% | 222.95 | 3.51% |
| Mangalam Cement | 951.55 | 1.25% | 953.10 | 1.19% |
| Nuvoco Vistas | 349.75 | 1.41% | 348.45 | 1.00% |
| Orient Cement | 337.95 | 0.06% | 337.55 | 0.00% |
| Prism Johnson | 147.45 | 1.13% | 147.43 | 1.30% |
| Ramco Industries | 262.05 | 1.89% | 262.50 | 2.16% |
| Sagar Cements | 216.95 | -0.05% | 216.10 | -0.41% |
| Shree Cement | 25,625.05 | 1.33% | 25,515.30 | 0.87% |
| Star Cement | 208.55 | 2.13% | 208.12 | 1.95% |
| The Ramco Cements | 895.75 | 2.01% | 893.00 | 1.58% |
| UltraTech Cement | 10,633.90 | 1.04% | 10,626.30 | 0.99% |
Top Gainers
- Anjani Port Cement: Up by 5%
- KCP: Up by 3.7%
Upcoming Quarterly Results
| Company | Result Date |
|---|---|
| UltraTech Cement | January 21, 2025 |
| Dalmia Bharat | January 21, 2025 |
| Nuvoco Vistas | January 22, 2025 |
| Sagar Cements | January 24, 2025 |
| JK Cement | January 25, 2025 |
| Shree Cement | January 30, 2025 |
Notable Movements:
- Ambuja Cement: 3.33% rise to ₹536.55 on the NSE.
- ACC: 2.52% rise to ₹2,022.05 on the BSE.
- JK Cement: Gained 1.71%, trading at ₹4,536.35.
As the cement sector prepares for Q3 results, market participants remain optimistic about the sustained performance of key players.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
