RAMCO CEMENTS (BOM: 500260) Shares
ABOUT RAMCO CEMENTS
The Ramco Cements Limited (BOM: 500260) was founded in 1961 during a time when, due to price controls and substantial investments required, investment in the cement industry was not as attractive. The Central Minister for Industries called upon Shri P.A.C Ramasamy Raja to start a cement factory in Tamil Nadu, and this was readily accepted.
The first cement plant was established in 1062 at Ramasamy Raja Nagar, near Virudhunagar in Tamil Nadu and during the 1970’s the plant switched over to a dry process, which is more efficient, and a second kiln was added to increase the annual capacity.
In 1987, a second plant was established; Jayanthipuram, which is located near Vijayawaa in A.P. A third plant was established at Alathiyur in 1997 in Tamil Nadu and another line was added in 2001, with operations starting in 2009.
Today, The Ramco Cements Limited is the fifth largest cement producer in the country and forms part of the Ramco Group, which is a well-known business group in South of India. The Ramco Cements Limited produces Portland cement which is manufactured in eight production facilities considered as state-of-the art along with Integrated Cement plants and Grinding units which have a cumulative capacity of 16.45 MTPA.
OVERVIEW OF RAMCO CEMENTS
The Ramco Cements Limited operates in two segments, namely cement production and wind power generation.
Cement production is focused on the manufacturing and marketing of Portland cement, blast furnace slag cement, white cement and Pozzolana cement, with plants located at Alathiyur, Ariyalur, Mathod, Jaggaiahpet and Virudhunagar. Grinding units are located at Uthiramerur, Valapady, Kolaghat and Visakhapatnam.
- The first windfarm was opened at Muppandal in 1993 and The Ramco Cements Limited installed 69 windmills in addition to those already existing at Poolavadi, which is located near Coimbatore.
The Ramco Cements Limited also has packing terminals in the Kanyakumari District along with its state-of-the-art research centre in Chennai.
VISION & VALUES OF RAMCO CEMENTS
The Ramco Cements Limited is not only focused on providing quality products and ensuring innovations through its state-of-the-art research capabilities to meet the needs and expectations of its consumers, but to ensure that growth and added value is provided to shareholders who purchase company shares.
- Through ensuring that business is conducted in a way that is efficient, transparent and sustainable, The Ramco Cements Limited has proven itself a flagship of its parent company, and a frontrunner in the cement industry in India.
MARKET PERFORMANCE OF RAMCO CEMENTS
The Ramco Cements Limited trades its shares on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 500260.
- An analysis on the market performance for the quarter which ended 30 September 2019, showed a total revenue of Rs. 13,2588 Lakh with current assets at Rs. 82,8900 Lakh and a net cash generated from operations at Rs. 14,923 Lakh.
With continued focus on improvement in market performance forecasted for quarters to come, shareholders who buy or sell shares can expect solid dividends and returns.
LATEST NEWS RAMCO CEMENTS
Buy RAMCO CEMENTS stocks / shares – ? A Step by Step Guide how to Buy / Purchase RAMCO CEMENTS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy RAMCO CEMENTS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN RAMCO CEMENTS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE RAMCO CEMENTS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of RAMCO CEMENTS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy RAMCO CEMENTS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?