India Cements trades higher on launching two new cement products
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The India Cements is currently trading at Rs. 215.95, up by 3.60 points or 1.70% from its previous closing of Rs. 212.35 on the BSE.
The scrip opened at Rs. 217.00 and has touched a high and low of Rs. 217.25 and Rs. 213.05 respectively. So far 115637 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 259.90 on 14-Jan-2022 and a 52 week low of Rs. 154.85 on 19-Mar-2021.
Last one week high and low of the scrip stood at Rs. 217.25 and Rs. 198.35 respectively. The current market cap of the company is Rs. 6718.57 crore.
The promoters holding in the company stood at 28.42%, while Institutions and Non-Institutions held 21.11% and 50.47% respectively.
The India Cements launched two new cement products viz., Conkrete Super King (CSK) and Halo Super King (HSK). Conkrete Super King (CSK) is a novel product with a one stop solution to all concrete needs from foundation to roof. The unique features of this product are high durable strength, quick setting time, easy workability, corrosion resistance, everlasting smooth finish, no seepage and all-weather proof nature.
Halo Super King (HSK) is a product exclusively designed for pre-cast hallow blocks. HSK enables quit setting, enhanced structural strength and stability, catering to all needs from AAC to Hollow blocks
The India Cements is engaged in the manufacture of products that will enable the customer to build structures which are durable, cost effective and conducive for human life style.
