Ramco Industries consolidated net profit declines 0.40% in the June 2024 quarter

Ramco Industries and Ramco Cements sell entire stake in Lynks Logistics to Swiggy-owner Bundl Technologies. Transaction involves swapping of shares/sale of Lynks Logistics & acquisition of compulsorily convertible preference shares of Bundl.

Ramco Industries, Ramco Cements sell their holding in LYNK Logistics to Swiggy

Ramco Industries consolidated net profit declines 97.75% in the December 2022 quarter

Ramco Industries consolidated net profit declines 19.75% in the June 2022 quarter

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Ramco Industries added 1.67% to Rs 225.05 after ICRA reaffirmed the short-term and long-term ratings on the debt instruments of the company.

Ramco Industries rises after ICRA reaffirms ratings

For arriving at the rating, CRISIL Ratings has combined the business and financial risk profiles of RIL and its subsidiaries.

CRISIL reaffirms ‘A1+’ rating on Ramco Industries’ commercial paper worth Rs100cr

Ramco Industries consolidated net profit rises 82.10% in the September 2021 quarter

Ramco Industries standalone net profit declines 31.41% in the September 2021 quarter

Ramco Industries intimated that the operations of its factory situated at Winterpet, Arakkonam in Tamil Nadu had resumed on Thursday, 23 September 2021.

Ramco Industries resumes operations at Winterpet facility from Sept. 23

Though production in factory has been temporary disrupted till date due to the incident, the company is taking adequate steps to ensure refunctioning of the particular autoclave in two weeks’ time. As there are three other autoclaves the Company

Ramco Industries intimates of accident at Arakkonam factory

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ramco Industries Limited manufactures Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs).