Mangalam Cement jumps on launching new product 'Mangalam ProMaxX'

20 Oct 2020 Evaluate

Mangalam Cement is currently trading at Rs. 195.05, up by 4.05 points or 2.12% from its previous closing of Rs. 191.00 on the BSE.

The scrip opened at Rs. 193.95 and has touched a high and low of Rs. 197.15 and Rs. 193.70 respectively. So far 921 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 333.35 on 10-Jan-2020 and a 52 week low of Rs. 115.65 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 197.15 and Rs. 180.00 respectively. The current market cap of the company is Rs. 522.66 crore.

The promoters holding in the company stood at 22.08%, while Institutions and Non-Institutions held 7.52% and 70.40% respectively.

Mangalam Cement has launched a new Product under the brand ‘Mangalam ProMaxX’, an environment friendly Premium PPC cement. Mangalam ProMaxX is a premium quality fly ash based PPC cement with high one-day strength and also with high 28 days' ultimate strength. Mangalam ProMaxX will be supplied in Laminated Polypropylene (LPP) bag packaging.

Mangalam Cement is a cement manufacturing company. The product range of the company includes Birla Uttam Cement- 43 Grade, Birla Uttam Cement- 53 Grade etc.

Mangalam Cement Share Price

899.75 -18.35 (-2.00%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11467.90
Ambuja Cement 551.25
ACC 2099.85
Shree Cement 27185.50
Dalmia Bharat 1760.90
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