Saurashtra Cement Ltd. (SAURASHCEM) Share Price Rises 9.7% Today

Saurashtra Cement Ltd. Share Price rises 9.7% today, reaching Rs 62.3 with a market cap of Rs 641.68 crore.

Saurashtra Cement Ltd. Share Price has recorded a significant rise of 9.7% today, closing at Rs 62.3. The company's market capitalisation stands at Rs 641.68 crore, reflecting its position in the micro-cap segment. Today's price action places Saurashtra Cement Ltd. among the top gainers, drawing attention from investors and analysts alike.

The stock opened at Rs 60.15 and reached a high of Rs 65 during the trading session, before settling at Rs 62.3. This movement has sparked interest in the company's performance and potential future trajectory. The total volume traded today was 280,528 shares, indicating a substantial level of investor participation. Despite the absence of a specific catalyst, the data confirms the price event, highlighting the importance of examining the technical and fundamental aspects of Saurashtra Cement Ltd.

Saurashtra Cement Ltd. (SAURASHCEM) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 62.3
Previous Close	Rs 56.79
Today's Change	+Rs 5.51 (+9.7%)
Day Open	Rs 60.15
Day High	Rs 65
Day Low	Rs 60.15
Current Volume (BSE)	8,522
BSE Traded Volume	8,522
NSE Traded Volume	2,72,006
Combined NSE + BSE Volume	2,80,528
Turnover	Rs 0.05 crore
Market Capitalisation	Rs 641.68 crore
Market Cap Category	Micro Cap

Saurashtra Cement Ltd. (SAURASHCEM) traded at Rs 62.3. versus the previous close of Rs 56.79, a rise of 9.7%. The stock opened at Rs 60.15, reached Rs 65, touched Rs 60.15. Reported volume was 8,522.

Saurashtra Cement Ltd. (SAURASHCEM) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 641.68 crore
P/E Ratio	43.83x
P/B Ratio	0.66x
ROE	15.09%
ROCE	20.91%
EPS	Rs 1.3
Dividend Yield	0%

Saurashtra Cement Ltd. was valued at a P/E ratio of 43.83x, a P/B ratio of 0.66x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 15.09% and ROCE of 20.91%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 1.3, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Saurashtra Cement Ltd. has a market capitalisation of Rs 641.68 crore, positioning it within the micro-cap segment. The company's price-to-earnings (P/E) ratio is 43.83, which is higher than the industry median of 13.35 but below the average of 48.45. This suggests that while the stock is relatively expensive compared to its peers, it is not the highest in the industry.

The price-to-book (P/B) ratio of 0.66 indicates that the stock is trading below its book value, which could be seen as an attractive valuation for value investors. The return on equity (ROE) is 15.09%, and the return on capital employed (ROCE) is 20.91%, both of which are above the industry averages, indicating efficient use of capital and strong profitability.

The earnings per share (EPS) is Rs 1.3, reflecting the company's earnings attributable to each share. The absence of a dividend yield suggests that the company is reinvesting its profits for growth rather than distributing them to shareholders. These fundamentals provide a comprehensive view of the company's financial health and valuation, making it a point of interest for investors.

Sector and Industry Context

Metric	Value
Sector	Construction Materials
Industry	Cement & Construction Materials
Benchmark Scope	same industry
Company P/E Ratio	43.83x
Benchmark Median P/E	13.35x
Benchmark Average P/E	48.45x
Benchmark P/E Range	6.69x to 322.38x
Company P/B Ratio	0.66x
Benchmark Median P/B	0.97x
Company ROE	15.09%
Benchmark Median ROE	11.03%
Company ROCE	20.91%
Benchmark Median ROCE	13.8%
Company Market Capitalisation	Rs 641.68 crore
Benchmark Median Market Cap	Rs 641.68 crore

Saurashtra Cement Ltd. (SAURASHCEM) is classified under sector: Construction Materials and industry: Cement & Construction Materials.

Saurashtra Cement Ltd. (SAURASHCEM) has a P/E ratio of 43.83x, which is above the benchmark median of 13.35x, a difference of +228.31%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Saurashtra Cement Ltd. (SAURASHCEM) has a ROE of 15.09%, which is above the benchmark median of 11.03%, a difference of +36.81%. Saurashtra Cement Ltd. (SAURASHCEM) has a ROCE of 20.91%, which is above the benchmark median of 13.8%, a difference of +51.52%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Saurashtra Cement Ltd. operates within the Construction Materials sector, specifically in the Cement & Construction Materials industry. The sector snapshot provides valuable insights into the company's positioning relative to its peers. The company's P/E ratio of 43.83 is significantly higher than the industry median of 13.35, indicating a premium valuation. However, it remains below the industry average of 48.45, suggesting room for growth.

The company's P/B ratio of 0.66 is below the industry median of 0.97, indicating a potential undervaluation. The ROE of 15.09% and ROCE of 20.91% are both above the industry averages, highlighting the company's strong profitability and efficient capital utilisation. The sector benchmark includes 25 companies, providing a comprehensive view of the industry landscape.

The Construction Materials sector has shown varied performance, with companies like Orient Cement Ltd. and KCP Ltd. demonstrating strong ROE and ROCE figures. Saurashtra Cement Ltd.'s positioning within this sector, with its strong profitability metrics, makes it a noteworthy player in the industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Ramco Industries Ltd.	RAMCOIND	2,892.69	9.3	0.63	3.49	5.28
Orient Cement Ltd.	ORIENTCEM	2,794.25	13.35	1.26	18.75	23.13
Mangalam Cement Ltd.	MANGLMCEM	2,606.88	20.22	2.67	11.03	13.8
Sagar Cements Ltd.	SAGCEM	2,292.61	0	1.38	4.84	8.26
KCP Ltd.	KCP	2,089.17	10.63	1.18	22.01	21.41

Saurashtra Cement Ltd. (SAURASHCEM) has a P/E ratio of 43.83x compared with the displayed peer median of 10.63x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 15.09% compares with a peer median of 11.03% across the companies shown in the table. ROCE stood at 20.91% versus the displayed peer median of 13.8%, providing a capital-efficiency comparison. Saurashtra Cement Ltd. (SAURASHCEM) has a market capitalisation of Rs 641.68 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In the peer comparison, Saurashtra Cement Ltd. stands out with its P/E ratio of 43.83, which is higher than many of its peers such as Ramco Industries Ltd. (9.3) and KCP Ltd. (10.63). However, it is lower than Shree Digvijay Cement Company Ltd. (59.97), indicating a mid-range valuation within the peer group.

The company's ROE of 15.09% is competitive, surpassing peers like Ramco Industries Ltd. (3.49%) and Sagar Cements Ltd. (4.84%). The ROCE of 20.91% also compares favorably against peers, highlighting its efficient capital management. The market capitalisation of Rs 641.68 crore places it in the micro-cap category, contrasting with larger peers such as Orient Cement Ltd. and Mangalam Cement Ltd.

Why Investors Are Watching Saurashtra Cement Ltd.

Investors are closely monitoring Saurashtra Cement Ltd. due to its recent price rise and strong financial metrics. The company's performance in the micro-cap category, combined with its valuation and profitability, makes it a stock of interest.

• Price Action: Significant 9.7% rise today.
• Technical Position: Neutral RSI at 49.51.
• Fundamental Context: Strong ROE and ROCE.
• Sector Positioning: Competitive within the industry.

Investors should continue to monitor Saurashtra Cement Ltd. for any developments in its financial performance and market positioning. The company's valuation metrics and profitability ratios provide a solid foundation for potential growth.

About Saurashtra Cement Ltd.

Saurashtra Cement Ltd. is a key player in the Construction Materials sector, specifically within the Cement & Construction Materials industry. The company is involved in the manufacturing and distribution of cement products, catering to a wide range of construction needs. Its operations are primarily focused on producing high-quality cement that meets industry standards.

The company operates in a competitive industry, with a focus on innovation and efficiency to maintain its market position. Saurashtra Cement Ltd. leverages its expertise in cement production to deliver value to its customers and stakeholders. Its commitment to quality and sustainability has positioned it as a reliable supplier in the construction materials market.

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Use Saurashtra Cement Ltd. (SAURASHCEM) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

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Frequently Asked Questions

What is the current share price of Saurashtra Cement Ltd.?

Ans. The current share price of Saurashtra Cement Ltd. is Rs 62.3, reflecting a 9.7% increase from the previous close of Rs 56.79. The stock moved 9.7% during the session. The intraday range extended from Rs 60.15 to Rs 65.

How much did Saurashtra Cement Ltd. share price rise today?

Ans. Saurashtra Cement Ltd. share price rose by 9.7% today, closing at Rs 62.3, up from the previous close of Rs 56.79. The stock moved 9.7% during the session. The intraday range extended from Rs 60.15 to Rs 65.

What is the market capitalisation of Saurashtra Cement Ltd.?

Ans. The market capitalisation of Saurashtra Cement Ltd. is Rs 641.68 crore, classifying it as a micro-cap company. The company operates in the Construction Materials sector. Its P/E ratio is 43.83x.

What is the P/E ratio of Saurashtra Cement Ltd.?

Ans. Saurashtra Cement Ltd. has a P/E ratio of 43.83, which is higher than the industry median of 13.35 but below the average of 48.45. The company trades at a P/E ratio of 43.83x.

What is the ROE of Saurashtra Cement Ltd.?

Ans. The return on equity (ROE) of Saurashtra Cement Ltd. is 15.09%, indicating strong profitability compared to industry peers. ROE stands at 15.09%. ROCE stands at 20.91%. The relevant peer median ROE is 11.03%.

How does Saurashtra Cement Ltd.'s P/B ratio compare to the industry?

Ans. Saurashtra Cement Ltd.'s P/B ratio is 0.66, below the industry median of 0.97, suggesting potential undervaluation. The company trades at a P/E ratio of 43.83x. Its P/B ratio is 0.66x.

What is the ROCE of Saurashtra Cement Ltd.?

Ans. The return on capital employed (ROCE) of Saurashtra Cement Ltd. is 20.91%, reflecting efficient capital utilisation. ROE stands at 15.09%. ROCE stands at 20.91%. The relevant peer median ROE is 11.03%.

What sector does Saurashtra Cement Ltd. operate in?

Ans. Saurashtra Cement Ltd. operates in the Construction Materials sector, specifically in the Cement & Construction Materials industry. The stock belongs to the Construction Materials sector. Its industry classification is Cement & Construction Materials.

Who are the peers of Saurashtra Cement Ltd.?

Ans. Peers of Saurashtra Cement Ltd. include Ramco Industries Ltd., Orient Cement Ltd., and Mangalam Cement Ltd., among others. Comparable listed companies include Ramco Industries Ltd., Orient Cement Ltd., Mangalam Cement Ltd.