Top 10 Cement Stocks in India 2024

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The list of top cement stocks is derived from Tickertape Stock Screener as of 4th March 2024 and filtered using the following parameters 

UltraTech Cement Ltd.

It is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India and 5th largest around the globe with an installed capacity of 133 million tonnes per annum and 105.71 million tonnes per annum sales volume.

Grasim Industries Ltd.

Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals[2] and insulators 

Ambuja Cements Ltd. 

Ambuja Cements is owned by Holderind Investments Ltd (63.11%) and Endeavour Trade and Investment Ltd (0.04%), the report, citing shareholding data as of December 2022, said. 

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Shree Cement Ltd. 

Shree Cement has moved in the last two decades from having 2 million tonne (mt) production capacity to becoming the country’s third largest cement player, with an installed capacity of 43.3 mt in India and 47.4 mt overseas. 

ACC Ltd.

In 1936, eleven cement companies belonging to Tata, Khatau, Killick Nixon and FE Dinshaw groups merged to form a single entity, The Associated Cement Companies. Sir Nowroji B Saklatvala was the first chairman of ACC.

Birla Corporation Ltd.

Birla Corporation was a jute manufacturing company, but over time, it grew to operate four main divisions: cement, jute, linoleum, and auto trim. 

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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