Shares of Hyderabad-based cement maker NCL Industries Ltd saw a significant uptick of nearly 3% following the company’s announcement of robust performance metrics for the fourth quarter on Monday, April 8th.
During this period, NCL Industries showcased remarkable growth across various segments. Cement production witnessed a notable increase of 4%, reaching 7.30 lakh metric tonnes compared to the same period last year. Correspondingly, cement dispatches also experienced a 4% surge, totaling 7.39 lakh metric tonnes.
Moreover, NCL Industries demonstrated substantial growth in its cement boards segment, with production soaring by 17% to 21,976 metric tonnes and dispatches rising by 5% to 21,651 metric tonnes year-on-year.
As of 11:30 am, the shares were trading 2.92% higher at ₹218.65, reflecting investor optimism and confidence in the company’s strong performance and growth trajectory.
