Table of Contents
Which cement company is on the top in India?
Top 10 Best Cement in India As Per Market Cap
| Rank | Cement Company | Market Cap In \% |
|---|---|---|
| 1 | UltraTechCement | 36.828 |
| 2 | Shree Cements | 16.911 |
| 3 | Ambuja Cements | 13.591 |
| 4 | ACC | 7.473 |
What is the profit margin in cement dealership?
around 8-10\%
While the price at which dealers get cement from the manufacturers remains fixed, the price at which they sell it to builders, contractors and individuals is left to the discretion of dealers. Typically, cement dealers have a margin of around 8-10\% on the retail price sold to end-consumers.
How can I buy cement directly from a company?
PPC Cement Tradologie.com offer bulk cement from all the India’s leading cement manufacturers. Customers are provided Direct Access to the Company Executive through the Platform who provide Cement Prices on the Custom Requirements of the Buyer through a Reverse Bidding mechanism.
Why are cement shares down?
India Cements’ sales, for instance, fell 1\% in the June quarter due to weak demand and rising production cost. “The stock has benefited from the revival in sentiment,” says Raina. Ramco Cement, too, saw volumes fall by 3\% to 2.13 million tonnes due to slow offtake in its key markets of Tamil Nadu and Telangana.
Is cement a good business?
Cement business is one of the best and easiest building material business anyone can start and make good money.
Should you invest in cement stocks?
“The market is already expecting some increases, so cement stocks will only react moderately to these future price rises,” says Sanjay Sinha, Founder, Citrus Advisors. Though recent and expected price increases are factored in, experts say cement stocks are worth considering because of other factors.
Should you invest in cement manufacturing companies in India?
Thus, investing in the stocks of cement manufacturing companies is always a good option for share traders. India is a developing country with thousands of big construction projects being held in various cities and towns. Moreover, cement is one such raw material that is required for constructing buildings, bridges, and other infrastructure.
Established in 1983, UltraTech Cement is the Best Cement Shares to buy at present. This company is one of the leading players in the cement business and is a subsidiary of the Aditya Birla Group.
Why is the stock market ignoring the growth in cement industry?
“The stock market is yet to discount the expected significant volume growth due to increased demand,” says Sinha. Cement is a cyclical industry and usually, huge capacity additions follow a period of increase in margins and profitability. This in turn increases competition and bring down margins. However, that is not happening this time.