Current price is less than the intrinsic value

Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Shares of Nuvoco Vistas surged 11% to Rs 446.3, while Chennai-based India Cements gained 9% to Rs 289.9. Kesoram Industries, Mangalam Cement, Sanghi Industries, and Gujarat Sidhee Cement jumped over 5% each. Ambuja Cement shares also gained 9.3% to Rs 564.9.

Cement stocks rally on hopes of a ready mix of more deals

Mangalam Cement standalone net profit declines 19.87% in the June 2022 quarter

Sunflag Iron & Steel Company Ltd, Mangalam Cement Ltd, Rupa & Company Ltd and Religare Enterprises Ltd are among the other losers in the BSE’s ‘A’ group today, 16 June 2022.

Sadbhav Engineering Ltd leads losers in ‘A’ group

Mangalam Cement standalone net profit declines 50.57% in the March 2022 quarter

Board of Mangalam Cement allots 8.03 lakh equity shares under scheme of amalgamation

The purpose of the meeting by the company is to determine the eligible shareholders of Mangalam Timber Products.

Mangalam Cement fixes December 31 as record date for merger of Mangalam Timber Products; Stocks gain over 2%

Mangalam Cement Q2 Review - Weak Performance On Costs Pressure: Reliance Securities

In June this year, the company announced a trial run of enhanced capacity of the clinker after successful completion of modification and up-gradation in the exiting KILN-I at Morak plant, Rajasthan.

Mangalam Cement commences production of enhanced capacity at Morak plant from today

The closure of the plant has come into effect from August 25, 2021.

Mangalam Cement stock under pressure after shutting Kiln-II of Morak plant for 40 days

ICICI Direct is bullish on Mangalam Cement has recommended buy rating on the stock with a target price of Rs 600 in its research report dated July 26, 2021.

Buy Mangalam Cement; Target Of Rs 600: ICICI Direct

Mangalam Cement Standalone June 2021 Net Sales At Rs 355.48 Crore, Up 57.14% Y-o-Y

Mangalam Cement Limited is a cement manufacturing company. The Company is engaged in producing cement in 43 grades, 53 grades and Portland Pozzolana Cement (PPC) using the dry process.

Mangalam Cement Ltd

Mangalam Cement Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Cement stocks rally on hopes of a ready mix of more deals

Mangalam Cement standalone net profit declines 19.87% in the June 2022 quarter

Sadbhav Engineering Ltd leads losers in ‘A’ group

Mangalam Cement standalone net profit declines 50.57% in the March 2022 quarter

Board of Mangalam Cement allots 8.03 lakh equity shares under scheme of amalgamation

Mangalam Cement fixes December 31 as record date for merger of Mangalam Timber Products; Stocks gain over 2%

Mangalam Cement Q2 Review - Weak Performance On Costs Pressure: Reliance Securities

Mangalam Cement Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Cement stocks rally on hopes of a ready mix of more deals

Mangalam Cement standalone net profit declines 19.87% in the June 2022 quarter

Sadbhav Engineering Ltd leads losers in ‘A’ group

Mangalam Cement standalone net profit declines 50.57% in the March 2022 quarter

Board of Mangalam Cement allots 8.03 lakh equity shares under scheme of amalgamation

Mangalam Cement fixes December 31 as record date for merger of Mangalam Timber Products; Stocks gain over 2%

Mangalam Cement Q2 Review - Weak Performance On Costs Pressure: Reliance Securities

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock