Star cement is good Stock fundamentally as well as Technicaly. It's moved from 220 to 297 . It's moving in a pattern you can see in chart . Now again it's at breakout level of its give movement above 300 then again 4 -5% move may give very fast . It's a high Momentum Stocks.
About company
Star Cements Ltd is engaged in manufacturing and selling of Cement Clinker & Cement. It sells its products across north-eastern and eastern states in India. It is the largest cement manufacturer in North-east India.
Key Points for star cement
Product Offerings
Ordinary portland cement (OPC), Portland Pozzolana cement(PPC), Anti-rust cement (ARC), Portland Composite Cement (PCC) and Weather Shield Cement (WSC)
Market Share
The company is the largest cement player in North-east India with ~24% market share. Star Cement has one of the finest limestone reserves.
Business-wise Sales
In Q1FY23, trade sales (sales to distributors & dealers) accounted for 86% of revenues while non-trade sales (sales to direct customers) accounted for the remaining 14% revenues.
Manufacturing Capabilities
Co. has 6 manufacturing facilities out of which 3 are situated in Meghalaya and 2 in Assam and 1 in West Bengal. The production capacities are as follows -
Clinker: 2.8 MTPA
Cement: 5.7 MTPA
Power: 51 MW & 12.3MW WHRS
The company plans to take cement capacity
to ~10MTPA by FY26.
Improvement in Capacity Utilization
The capacity utilization of the clinkerisation units was at ~86% during the FY22 as against ~75% during FY21.
Capex Plans
The company plans to expand:
A 3.3 MTPA clinker unit with 10 MW WHRS at
Lumshnong for ~Rs. 1,300 Cr.
B Two grinding units and 800 TPD AAC block
plant in Assam for ~Rs 950 Cr.
C 24 MW Captive solar power plant in
Guwahati, Assam for ~Rs 110 Cr.
About company
Star Cements Ltd is engaged in manufacturing and selling of Cement Clinker & Cement. It sells its products across north-eastern and eastern states in India. It is the largest cement manufacturer in North-east India.
Key Points for star cement
Product Offerings
Ordinary portland cement (OPC), Portland Pozzolana cement(PPC), Anti-rust cement (ARC), Portland Composite Cement (PCC) and Weather Shield Cement (WSC)
Market Share
The company is the largest cement player in North-east India with ~24% market share. Star Cement has one of the finest limestone reserves.
Business-wise Sales
In Q1FY23, trade sales (sales to distributors & dealers) accounted for 86% of revenues while non-trade sales (sales to direct customers) accounted for the remaining 14% revenues.
Manufacturing Capabilities
Co. has 6 manufacturing facilities out of which 3 are situated in Meghalaya and 2 in Assam and 1 in West Bengal. The production capacities are as follows -
Clinker: 2.8 MTPA
Cement: 5.7 MTPA
Power: 51 MW & 12.3MW WHRS
The company plans to take cement capacity
to ~10MTPA by FY26.
Improvement in Capacity Utilization
The capacity utilization of the clinkerisation units was at ~86% during the FY22 as against ~75% during FY21.
Capex Plans
The company plans to expand:
A 3.3 MTPA clinker unit with 10 MW WHRS at
Lumshnong for ~Rs. 1,300 Cr.
B Two grinding units and 800 TPD AAC block
plant in Assam for ~Rs 950 Cr.
C 24 MW Captive solar power plant in
Guwahati, Assam for ~Rs 110 Cr.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.