These cement companies soared up to 155 per cent in one month
One sector that has got every investor bullish on itself is the Cement sector
The recent rally in markets has seen decent participation from several sectors be it IT, Pharma, Metals, Chemicals, Financials or even Auto and Auto Ancillaries for that matter. One sector that has got every investor bullish on itself is the Cement sector. Indeed the sector has got a lot of things going for itself in this rally. Cement manufacturers could see pricing power coming back with rising demand. Majority of the cement manufacturers were able to reduce their working capital requirements as the demand was upbeat leading to lower capital gearing. Several cement manufacturers also experienced cost optimization leading to better profit margins.
Sensex is up by nearly 5 per cent in month while several cement manufacturers were able to gain much more than Sensex returns.
Following are the top performing Cement and Construction material companies in past one month which gained up to 155 per cent :-
|
Sr no
|
Stock
|
One Month
|
|
1
|
Andhra Cements Ltd.
|
155.12
|
|
2
|
Jaiprakash Associates Ltd.
|
85
|
|
3
|
Anjani Portland Cement Ltd.
|
44.95
|
|
4
|
Saurashtra Cement Ltd.
|
38.06
|
|
5
|
JK Lakshmi Cement Ltd.
|
37.07
|
|
6
|
A Infrastructure Ltd.
|
30.31
|
|
7
|
Gujarat Sidhee Cement Ltd.
|
25.13
|
|
8
|
Keerthi Industries Ltd.
|
19.88
|
|
9
|
Barak Vally Cements Ltd.
|
19.61
|
|
10
|
Sri KPR Industries Ltd.
|
17.7
|
|
11
|
Deccan Cements Ltd.
|
15.56
|
|
12
|
Sanghi Industries Ltd.
|
14.76
|
|
13
|
Burnpur Cement Ltd.
|
13.56
|