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Which is better UltraTech or Shree Cement?
Shree Cement is the fourth biggest in terms of revenues, behind Ambuja Cement and ACC – but Shree Cement is India’s second most-valued cement company in terms of market capitalisation. Shree Cement is the most expensive cement company among large firms, commanding a significantly higher premium over Ultratech Cement.
Which cement is better Ambuja or ACC?
We prefer Ambuja over ACC as the latter has a higher fixed cost structure and lags much behind its peers in terms of operating margins. From a valuation standpoint as well, Ambuja is trading at a minor discount to ACC.
Which cement is better UltraTech or Dalmia?
Dalmia Cement scored higher in 1 area: Positive Business Outlook. UltraTech Cement scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and \% Recommend to a friend.
Why Shree Cement price is high?
Thus far in the six trading days of February, Shree Cement has surged 23 per cent after the company reported healthy Ebitda (earnings before interest, taxes, depreciation, and amortisation) growth of 28.2 per cent year on year (YoY) to Rs 1,089 crore driven by improved sales volume (up 14.6 per cent YoY to 7.16 MT) and …
Which is best ACC or UltraTech?
The return on equity given by ACC is much better, at 15.28 percent than UltraTech’s at 9.36 percent. Therefore, ACC is currently available at an attractive price while UltraTech is expensive amongst its lot due to its stellar results.
Is ACC and Ambuja cement same?
LafargeHolcim, a global leader in innovative and sustainable building solutions and the parent company of two of India’s largest building materials companies – ACC and Ambuja Cements has been officially rebranded as Holcim Group.
Is Shree Cement overvalued?
They are giving profitability per tonne and the growth in their markets realisations are good and holding up. That is why the stock will trend. I agree that at $12 billion of market cap, it is definitely overvalued but chances are it will remain so.
Who owns Shree Cement?
Shree Cement Company Profile, Wiki, Networth, Establishment, History and More
Points | Information |
---|---|
Owner | Hari Mohan Bangur |
Date of Establishment | 1979 |
Headquarter | Kolkata, India |
Revenue | INR 12175.62 Crores (In 2020) |
Is there any possibility of merger between Ambuja and ACC?
Indian cement sector is seen consolidating in the recent times and the top players are Ultratech Cement, Shree Cement , Ambuja and ACC. Ambuja and ACC belong to the same parent and there is a possibility of merger between the two.
Is Shree Cement’s sales and profit growth better than Ambuja Cements and ACC?
Ambuja cement’s profit growth was flattish, while ACC incurred huge losses, with profit declining 33\% on YoY basis. The sales and profit growth of Shree cement justifies its premium valuation. Similarly, it justifies the lower valuations of Ambuja Cements and ACC.
What are the current prices of ACC Cement and UltraTech Cement?
At 10:36 hrs, ACC was quoting at Rs 1,629, down Rs 27.60, or 1.67 percent, UltraTech Cement was quoting at Rs 5,040.00, down Rs 104.80, or 2.04 percent and Ambuja Cements was quoting at Rs 246.95, down Rs 5.90, or 2.33 percent on the BSE.
Is UltraTech Cement better than Shree Cement?
Shree Cement has healthy RoCE as compared to its debt levels of 0.24. Ultratech cement has debt to equity ratio that is almost double the debt to equity ratio of Shree cement. Hence, the Interest Coverage Ratio is also lower. However, it has healthy RoCE ratio.