The table below shows the cement stocks with high ROCE based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price | ROCE % |
UltraTech Cement Ltd | 339052.42 | 11417.25 | 14.06 |
Ambuja Cements Ltd | 160792.7 | 636.15 | 11.63 |
Shree Cement Ltd | 98483.66 | 26834.8 | 14.76 |
ACC Ltd | 45731.83 | 2380.6 | 16.85 |
J K Cement Ltd | 33106.35 | 4204.95 | 14.27 |
JK Lakshmi Cement Ltd | 9981.36 | 809.65 | 15.73 |
Star Cement Ltd | 8361.28 | 200.46 | 16.76 |
Prism Johnson Ltd | 8253.54 | 156.16 | 10.08 |
Orient Cement Ltd | 7284.11 | 349.75 | 13.93 |
Heidelbergcement India Ltd | 5153.41 | 219.44 | 14.41 |
Content:
- What Are The Cement Stocks with High ROCE?
- Features Of Cement Stocks with High ROCE
- Best Cement Stocks with High ROCE
- Top Cement Stocks with High ROCE in India
- Factors To Consider When Investing In Cement Stocks with High ROCE
- How To Invest In Cement Stocks with High ROCE?
- Advantages Of Investing In Cement Stocks with High ROCE
- Risks Of Investing In Cement Stocks with High ROCE
- Introduction to Cement Stocks with High ROCE
- Top Cement Stocks with High ROCE – FAQs
What Are The Cement Stocks with High ROCE?
Cement stocks refer to shares of companies engaged in the production and distribution of cement and related products. High ROCE (Return on Capital Employed) in cement stocks indicates efficient use of capital in generating profits, showcasing strong operational performance, robust financial health, and effective management. Such stocks often attract investors due to their potential for sustainable growth and high returns.
Features Of Cement Stocks with High ROCE
The features of cement stocks with high ROCE highlight their efficient capital utilization and profitability.
- Strong Operational Efficiency: Companies with high ROCE effectively convert capital into profits, indicating efficient operations.
- Robust Financial Health: High ROCE suggests strong balance sheets and minimal debt, reflecting financial stability.
- Effective Management: Skilled management teams that optimize resources contribute to higher ROCE.
- Sustainable Growth: High ROCE companies often reinvest profits into growth opportunities, ensuring long-term expansion.
- Investor Confidence: High ROCE attracts investors seeking reliable returns, boosting stock demand and market credibility.
Best Cement Stocks with High ROCE
The table below shows the best cement stocks with high ROCE based on the highest day Volume.
Name | Close Price | Daily Volume (Shares) |
Orient Cement Ltd | 349.75 | 4500855.0 |
Ambuja Cements Ltd | 636.15 | 3071394.0 |
ACC Ltd | 2380.6 | 680437.0 |
Heidelbergcement India Ltd | 219.44 | 424317.0 |
UltraTech Cement Ltd | 11417.25 | 398450.0 |
Star Cement Ltd | 200.46 | 260802.0 |
Prism Johnson Ltd | 156.16 | 197158.0 |
JK Lakshmi Cement Ltd | 809.65 | 159226.0 |
J K Cement Ltd | 4204.95 | 126584.0 |
Shree Cement Ltd | 26834.8 | 74844.0 |
Top Cement Stocks with High ROCE in India
The table below shows the top cement stocks with high ROCE in India based on 1-Year Return.
Name | Close Price | 1Y Return % |
Orient Cement Ltd | 349.75 | 96.54 |
UltraTech Cement Ltd | 11417.25 | 39.65 |
Ambuja Cements Ltd | 636.15 | 34.18 |
J K Cement Ltd | 4204.95 | 29.69 |
JK Lakshmi Cement Ltd | 809.65 | 23.73 |
Prism Johnson Ltd | 156.16 | 20.49 |
Star Cement Ltd | 200.46 | 19.86 |
ACC Ltd | 2380.6 | 17.21 |
Heidelbergcement India Ltd | 219.44 | 16.88 |
Shree Cement Ltd | 26834.8 | 10.64 |
Factors To Consider When Investing In Cement Stocks with High ROCE
The factors to consider when investing in cement stocks with high Return on Capital Employed (ROCE) include market demand and supply dynamics, which impact profitability and long-term sustainability.
- Company’s Financial Health: Assess the balance sheet, income statement, and cash flow to ensure robust financial stability and growth prospects.
- Management Efficiency: Evaluate the competence and track record of the management team in delivering consistent returns.
- Industry Position: Analyze the company’s market share and competitive edge within the cement industry.
- Debt Levels: Consider the company’s debt-to-equity ratio to ensure it is not overly leveraged.
- Economic Indicators: Monitor macroeconomic factors such as GDP growth, infrastructure development, and government policies impacting the cement sector.
How To Invest In Cement Stocks with High ROCE?
To invest in cement stocks with high ROCE, open a trading account with a reputable broker, conduct thorough research on the company’s financial health, management efficiency, and market position, and monitor industry trends. Diversify your investments to mitigate risks. For personalized assistance, consider opening an account here: Open Account.
Advantages Of Investing In Cement Stocks with High ROCE
The primary advantage of investing in cement stocks with high ROCE is the potential for consistent and superior returns compared to other sectors due to efficient capital utilization.
- Stable Returns: High ROCE companies generally provide consistent and stable returns, making them attractive for long-term investment.
- Efficient Capital Use: These companies use their capital effectively, resulting in better profitability and growth prospects.
- Resilience to Market Volatility: Cement stocks with high ROCE are often more resilient to economic downturns, offering a safer investment.
- Strong Market Position: High ROCE companies typically have a strong market position, ensuring sustained demand and competitive advantage.
- Positive Cash Flow: These companies usually generate positive cash flows, which can be reinvested for further growth or distributed as dividends.
Risks Of Investing In Cement Stocks with High ROCE
The main risk of investing in cement stocks with high ROCE lies in the potential for market fluctuations affecting raw material prices, which can impact profit margins.
- Cyclical Nature: The cement industry is highly cyclical, with performance closely tied to economic cycles and construction activity.
- Regulatory Risks: Changes in environmental regulations and government policies can significantly impact the cement sector.
- High Capital Expenditure: Cement companies often require substantial capital investments, which can strain finances and affect returns.
- Competition: Intense competition within the industry can pressure prices and margins, affecting profitability.
- Raw Material Costs: Fluctuations in the cost of raw materials like limestone and energy can impact production costs and margins.
Introduction to Cement Stocks with High ROCE
UltraTech Cement Ltd
The Market Cap of UltraTech Cement Ltd is Rs. 3,39,052.42 crores. The stock’s monthly return is 0.04%. Its one-year return is 39.65%. The stock is 5.79% away from its 52-week high.
UltraTech Cement Limited is an Indian company that specializes in the production and sale of cement and associated products.
Their product offerings include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Ready-Mix Concrete (RMC). Additionally, the company offers a variety of building products under brands such as UltraTech Cement, UltraTech Concrete, UltraTech Building Products, Birla White Cement, and White Topping Concrete.
Ambuja Cements Ltd
The Market Cap of Ambuja Cements Ltd is Rs. 1,60,792.70 crores. The stock’s monthly return is -4.27%. Its one-year return is 34.18%. The stock is 11.13% away from its 52-week high.ƒ.
Ambuja Cements Limited, an Indian-based cement manufacturer, specializes in producing and selling various cement and cement-related products such as Ambuja Cement, Ambuja Kawach, Ambuja Plus, Ambuja Powercem, Ambuja Railcem, and Alccofine.
The company provides support and services to individual home builders, masons, contractors, architects, and engineers. Together with its subsidiary ACC Ltd., Ambuja Cements has a total capacity of over 67.5 million tons through fourteen integrated cement manufacturing plants and sixteen cement grinding units nationwide.
Shree Cement Ltd
The Market Cap of Shree Cement Ltd is Rs. 98,483.66 crores. The stock’s monthly return is -0.91%. Its one-year return is 10.64%. The stock is 14.54% away from its 52-week high.
Shree Cement Limited is an Indian company that produces various types of cement, such as Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC).
OPC is a hydraulic binding material produced by mixing Portland cement clinker, blended materials, and gypsum. It is suitable for use in regular construction as well as pre-stressed construction. PPC is created by blending OPC with pozzolanic materials like silica, volcanic ash, fly ash, and pond ash, among others. PSC incorporates a by-product from iron blast furnaces mixed with ground clinker and gypsum in appropriate proportions.
ACC Ltd
The Market Cap of ACC Ltd is Rs. 45,731.83 crores. The stock’s monthly return is -10.92%. Its one-year return is 17.21%. The stock is 19.47% away from its 52-week high.
ACC Limited is an Indian company that specializes in the manufacturing and marketing of cement and related products. It operates in two main segments: Cement and Ready-Mix Concrete (RMX).
The company produces various types of cement, including ordinary portland cement (OPC), portland pozollana cement (PPC), portland slag cement (PSC), and composite cement, as well as offering RMX services. Its product range includes gold and silver options, bulk cement, solutions, ready mixed concrete, value-added products, and eco-friendly building solutions such as cement bricks, blocks, and roofing materials for both rural and urban areas.
J K Cement Ltd
The Market Cap of J K Cement Ltd is Rs. 33,106.35 crores. The stock’s monthly return is 0.45%. Its one-year return is 29.69%. The stock is 9.39% away from its 52-week high.
J.K. Cement Ltd., headquartered in India, is a company that specializes in the manufacturing and distribution of cement and related products. The company operates in different segments, which include grey cement, white cement, and allied products.
Under the grey cement segment, the company offers various products such as Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC), and Portland Slag Cement (PSC), among others. The company also has a white cement plant in Gotan and wall putty units in Gotan and Katni.
JK Lakshmi Cement Ltd
The Market Cap of JK Lakshmi Cement Ltd is Rs. 9,981.36 crores. The stock’s monthly return is -3.50%. Its one-year return is 23.73%. The stock is 23.50% away from its 52-week high.
JK Lakshmi Cement Limited is an Indian company dedicated to cement manufacturing. The company produces and supplies various cement and cementitious products, including ready-mix concrete (RMC) and autoclaved aerated concrete (AAC) Blocks.
It operates manufacturing facilities in Rajasthan, Chhattisgarh, Gujarat, Haryana, Uttar Pradesh, and Odisha. The company’s technical service cell offers construction solutions to customers and organizes regular programs to address the needs of individual housebuilders, masons, and other partners.
Star Cement Ltd
The Market Cap of Star Cement Ltd is Rs. 8,361.28 crores. The stock’s monthly return is -1.18%. Its one-year return is 19.86%. The stock is 27.71% away from its 52-week high.
Star Cement Limited, an India-based cement company located in North-Eastern India, is involved in the production of cement, cement clinker, and power generation. The company operates through two segments: Cement and Power.
Its integrated cement plant with a capacity of 1.67 million tons per annum is situated in Lumshnong, Meghalaya. Additionally, the company has two grinding units: one in Sonapur near Guwahati with a capacity of two MTPA and another in Mohitnagar near Siliguri in West Bengal with a capacity of two million tons per annum, totaling an installed capacity of approximately 5.7 MTPA.
Prism Johnson Ltd
The Market Cap of Prism Johnson Ltd is Rs. 8,253.54 crores. The stock’s monthly return is -3.07%. Its one-year return is 20.49%. The stock is 27.43% away from its 52-week high.
Prism Johnson Limited, an Indian company specializing in building materials, is divided into four segments: Cement, Tile and Bath (HRJ), and Ready Mixed Concrete (RMC).
The Cement segment, located in Satna, Madhya Pradesh, has a production capacity of 5.6 meganewton tons and produces Portland Pozzolana Cement (PPC) branded as Champion, Champion Plus, Champion All Weather, and Duratech, as well as Ordinary Portland Cement (OPC).
Orient Cement Ltd
The Market Cap of Orient Cement Ltd is Rs. 7,284.11 crores. The stock’s monthly return is 15.57%. Its one-year return is 96.54%. The stock is 5.68% away from its 52-week high.
Orient Cement Limited, an India-based cement company, is primarily involved in manufacturing and selling cement. The company operates manufacturing plants located in Devapur, Telangana, Chittapur, Karnataka, and Jalgaon, Maharashtra.
Their product range includes Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC) branded as Birla.A1-Birla.A1 Premium Cement and Birla.A1 StrongCrete.
Heidelbergcement India Ltd
The Market Cap of Heidelbergcement India Ltd is Rs. 5,153.41 crores. The stock’s monthly return is -1.55%. Its one-year return is 16.88%. The stock is 12.56% away from its 52-week high.
HeidelbergCement India Limited, an India-based company, is involved in the comprehensive manufacturing of construction materials. The company markets its products under three brand names: mycem, Mycem Power, and Mycem Primo.
One of its key products is Mycem Portland Pozzolana Cement, a type of Blended Cement created by mixing Portland clinker with gypsum and reactive pozzolanic materials in controlled ratios.
Top Cement Stocks with High ROCE – FAQs
Top Cement Stocks with High ROCE #1:UltraTech Cement Ltd
Top Cement Stocks with High ROCE #2:Ambuja Cements Ltd
Top Cement Stocks with High ROCE #3:Shree Cement Ltd
Top Cement Stocks with High ROCE #4:ACC Ltd
Top Cement Stocks with High ROCE #5:J K Cement Ltd
The top 5 stocks are based on market capitalization.
The Best Cement Stocks with High ROCE based on one-year returns are Orient Cement Ltd, UltraTech Cement Ltd, Ambuja Cements Ltd, J K Cement Ltd, and JK Lakshmi Cement Ltd.
To invest in Cement Stocks with High ROCE research companies, analyze financials and market positions, and consider your investment goals and risk tolerance before making any purchase decisions. High ROCE indicates efficient capital usage, but always consider other factors like market conditions and industry trends.
Yes, you can buy cement stocks with high ROCE. However, it’s crucial to consider industry-specific risks, conduct thorough research, and align with your investment goals before making decisions. Diversification and a long-term perspective can also mitigate potential risks.
To invest in cement stocks with high ROCE, open a trading account with a reliable broker. You can start by filling out a KYC request here. Conduct detailed research and select stocks that fit your investment strategy.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.