STAR CEMENT LTD.
NSE : STARCEMENTBSE : 540575ISIN
CODE : INE460H01021Industry : Cement & Construction MaterialsHouse
: Star Cement
BSE216.25-2.35 (-1.08 % )
PREV CLOSE (Rs.) 218.60
OPEN PRICE (Rs.) 222.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 11998
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE216.10 -2.65 (-1.21 % )
PREV CLOSE(Rs.) 218.75
OPEN PRICE (Rs.) 220.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 216.10 (25 )
VOLUME 292842
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 02-May-2024 | Star Cement informs about clarification | <div style="text-align: justify;">Star Cement has confirmed that there is no significant incident/news/development in the Company which may effect the volume of the security in Exchanges. It is the market only which is determining volume to be traded. Also confirmed that the Company does not have any information / announcement to be made that may have any bearing on the operation/performance of the Company which can be considered as price sensitive information. In case if there is any such development, it will certainly comply with the requirements of the Listing Regulations.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 02-May-2024 | Reply To The Clarification Mail Of The BSE Reference No. L/SURV/ONL/PV/NS/ 2024-2025 / 54 Dated 2Nd May, 2024. | We are attaching the reply to the clarification seeking increase in volume of shares of the Company BSE email ref. no. L/SURV/ONL/PV/NS/2024-2025/54 dated 2nd May, 2024. |
| 22-Apr-2024 | Star Cement commences commercial production from new clinker line in Meghalaya | <p style="text-align: justify;">Star Cement has successfully commenced commercial production from New Clinker Line of 3.3 MTPA Capacity situated at Lumshnong, Meghalaya. The company has commenced commercial production on April 21, 2024.</p><p style="text-align: justify;">Earlier, the company's subsidiary -- Star Cement North East had started its commercial operation of the newly setup 2 MTPA Cement Grinding unit situated at Chamta Pathar, Sonapur, Kamrup, Assam.</p><p style="text-align: justify;">Star Cement is engaged in the manufacturing and selling of Cement Clinker & Cement. </p><div style="text-align: justify;"><br></div> |
| 22-Apr-2024 | Star Cement rises on commencing commercial production from new clinker line in Meghalaya | <p style="text-align: justify;">Star Cement is currently trading at Rs. 230.30, up by 2.10 points or 0.92% from its previous closing of Rs. 228.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 231.45 and has touched a high and low of Rs. 232.20 and Rs. 223.70 respectively. So far 11858 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 241.85 on 27-Mar-2024 and a 52 week low of Rs. 110.00 on 26-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 232.20 and Rs. 215.10 respectively. The current market cap of the company is Rs. 9306.25 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 66.59%, while Institutions and Non-Institutions held 7.63% and 25.78% respectively.</p><p style="text-align: justify;">Star Cement has successfully commenced commercial production from New Clinker Line of 3.3 MTPA Capacity situated at Lumshnong, Meghalaya. The company has commenced commercial production on April 21, 2024.</p><p style="text-align: justify;">Earlier, the company's subsidiary -- Star Cement North East had started its commercial operation of the newly setup 2 MTPA Cement Grinding unit situated at Chamta Pathar, Sonapur, Kamrup, Assam.</p><p style="text-align: justify;">Star Cement is engaged in the manufacturing and selling of Cement Clinker & Cement.</p> |
| 26-Mar-2024 | Clarification sought from Star Cement Ltd | The Exchange has sought clarification from Star Cement Ltd on March 26, 2024, with reference to Movement in Volume. The reply is awaited. |
| 16-Mar-2024 | Star Cement informs about investor presentation | <p style="text-align: justify;">Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing obligations and Disclosures Requirements) Regulation, 2015, Star Cement has informed that an Investor Presentation for the Third quarter ended 31st December, 2023 has been prepared and the same has been disseminated on the Company's website. The company has enclosed a copy of the Presentation.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE. </p> |
| 13-Mar-2024 | Tech Mahindra, Muthoot Capital Services and Indoco Remedies to see some action today | <p style="text-align: justify;"><b>Tech Mahindra</b> has signed a strategic partnership with Etihad Etisalat (Mobily), a leading technology media and telecom (TMT) company in Saudi Arabia, to deliver best-in-class loyalty programs for individual and business customers. With a focus on elevating customer loyalty programs, the partnership will deploy Comviva's GenAI-powered next-generation MobiLytix Rewards to revamp Mobily's Neqaty loyalty program. Comviva, a Tech Mahindra company, is the global leader in customer experience and data monetization solutions.</p><p style="text-align: justify;"><b>Muthoot Capital Services</b> and evfin, the 100% ev-focused lending platform of Greaves Finance have entered into partnership to launch a pioneering co-lending arrangement to increase the availability of electric two-wheeler financing solutions across India. The collaboration entails a total deal size of up to Rs 150 crore ($18 million), highlighting the scale and ambition of the initiative to drive widespread adoption of electric vehicles in India. As the demand for electric vehicles (EVs) continues to surge in India, this collaboration underscores both companies' commitment to accelerating the adoption of sustainable transportation alternatives.</p><p style="text-align: justify;"><b>Indoco Remedies </b>has received an approval to purchase land (which was previously held by the Company on leasehold rights) admeasuring 2,860.75 square meters situated at Mahal Industrial Estate, Taluka Andheri, District Mumbai Suburban from an unrelated third-party seller ‘Saldanha Realty and Infrastructure LLP' for the expansion plans of the Company. Accordingly, the Company executed the Indenture of Conveyance for the purchase of the aforesaid land. The Committee of Executive Directors at its meeting held on March 12, 2024 has approved the same. </p><p style="text-align: justify;"><b>Likhitha Infrastructure </b>has received an order worth Rs 106.12 crore from Hindustan Petroleum Corporation. </p><p style="text-align: justify;"><b>Gulshan Polyols</b> has received an order against tender floated by Excise Department, Government of Madhya Pradesh for supplying of country liquor for an around quantity of 66.2 lakh proof litre in three districts of Madhya Pradesh i.e. Chhindwara, Balaghat and Singrauli, for the financial year 2024-2025. </p><p style="text-align: justify;"><b>ITC </b>has acquired 2,356 Compulsorily Convertible Preference Shares of Rs 10 each of Sproutlife Foods (Sproutlife), in terms of the Securities Subscription & Purchase Agreement and the Shareholders Agreement executed on April 19, 2023. The cost of acquisition is Rs 50 crore. </p><p style="text-align: justify;"><b>Star Cement</b>'s subsidiary -- Star Cement North East has started its commercial operation of the newly setup 2 MTPA Cement Grinding unit situated at Chamta Pathar, Sonapur, Kamrup, Assam. Star Cement North East has started its commercial operation on March 12, 2024.</p> |
| 12-Mar-2024 | Star Cement's arm starts commercial operation of new cement grinding unit in Assam | <p style="text-align: justify;">Star Cement's subsidiary -- Star Cement North East has started its commercial operation of the newly setup 2 MTPA Cement Grinding unit situated at Chamta Pathar, Sonapur, Kamrup, Assam. Star Cement North East has started its commercial operation on March 12, 2024.</p><p style="text-align: justify;">Star Cement is engaged in the manufacturing and selling of Cement Clinker & Cement. </p><div style="text-align: justify;"><br></div> |
| 11-Mar-2024 | Star Cement informs about disclosure | <div style="text-align: justify;">Star Cement has informed that it enclosed disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 11, 2024 for Amritansh Chamaria.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 29-Feb-2024 | Star Cement, arm get letter of intimations from Coal India | <p style="text-align: justify;">Star Cement and its material subsidiary -- M/s. Star Cement Meghalaya have received the Letter of Intimations from Coal India as successful bidders for procurement of 3.12 lakh tonnes of coal per annum for the period of 10 years from the date of entering into Fuel Supply Agreements (FSA). This is in addition to the existing FSA in subsidiaries. </p><p style="text-align: justify;">Star Cement is engaged in the manufacturing and selling of Cement Clinker & Cement. </p> |
