Consolidated November cement despatches fell 23.46 percent year-on-year to 2,41,195 million tonne. On a standalone basis, sales fell 29.35 percent at 1,67,720 MT
Shares of Sagar Cements touched a 52-week low of Rs 512, falling over two percent intraday on poor despatches for November.
Consolidated November cement despatches fell 23.46 percent year-on-year to 2,41,195 million tonne. On a standalone basis, sales fell 29.35 percent at 1,67,720 MT.
On a standalone and consolidated basis, cement production fell 27.35 percent and 23.13 percent YoY to 1,72,160 MT and 2,44,291 MT, respectively.
At 14:06 hours, Sagar Cements was quoting Rs 512, down Rs 13.05, or 2.49 percent on the BSE.
The share touched its 52-week high Rs 749.40 on March 13, 2019 and currently, it is trading 31.89 percent below its 52-week high.
The company's trailing 12-month (TTM) EPS was at Rs 21.65 per share. (Sep, 2019). The stock's price-to-earnings (P/E) ratio was 23.58. The latest book value of the company is Rs 385.72 per share.At current value, the price-to-book value of the company was 1.32. The dividend yield of the company was 0.49 percent.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.