Star Cement Limited

STARCEMENT

INE460H01021

Construction Materials

Market Closed - Bombay S.E. Other stock markets 03:00:38 2024-05-18 EDT			5-day change	1st Jan Change
225.2 ^INR	+2.48%		+3.23%	+27.80%

04-25	Transport Department, Registration Authority, Government of Meghalaya, Jowai Imposes Penalty on Star Cement Limited and Star Cement Meghalaya Ltd	CI
04-21	Star Cement Limited Commences Commercial Production	CI

Star Cement Limited Commences Commercial Production

April 21, 2024 at 07:00 am

Star Cement Limited announced that the Company has successfully commenced commercial production i.e. April 21, 2024, from its New Clinker Line of 3.3 MTPA Capacity situated at Lumshnong, Meghalaya.

Latest news about Star Cement Limited

Transport Department, Registration Authority, Government of Meghalaya, Jowai Imposes Penalty on Star Cement Limited and Star Cement Meghalaya Ltd	04-25	CI
Star Cement Limited Commences Commercial Production	04-21	CI
Crisil Keeps A1+ Rating on Star Cement	03-05	MT
Transcript : Star Cement Limited, Q3 2024 Earnings Call, Feb 08, 2024	02-08
Star Cement Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	02-07	CI
Star Cement Seeks Acquisitions in South India	12-09	CI
Transcript : Star Cement Limited, Q2 2024 Earnings Call, Nov 09, 2023	11-09
Star Cement Limited Announces Director Appointments	23-09-28	CI
Transcript : Star Cement Limited, Q1 2024 Earnings Call, Aug 09, 2023	23-08-09
Star Cement Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-08	CI
Transcript : Star Cement Limited, Q4 2023 Earnings Call, May 22, 2023	23-05-22
Star Cement Appoints CEO	23-05-21	MT
Star Cement Limited Announces Chief Executive Officer Changes	23-05-19	CI
Star Cement Limited Announces Appointment of Pankaj Kejriwal as Executive Director	23-05-19	CI
Star Cement Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023	23-05-19	CI
Star Cement Limited Appoints Jagdish Chandra Toshniwal as an Additional Director, Effective April 01, 2023	23-03-20	CI
Star Cement Limited Announces Board Changes	23-02-03	CI
Transcript : Star Cement Limited, Q3 2023 Earnings Call, Feb 03, 2023	23-02-03
Star Cement Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-02-03	CI
Crisil Keeps Star Cement Rating at AA-; Outlook Positive	23-01-24	MT
Transcript : Star Cement Limited, Q2 2023 Earnings Call, Nov 17, 2022	22-11-17
Star Cement Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	22-11-14	CI
Star Cement Limited Appoints Deepak Singhal as Independent Director of the Company	22-09-27	CI
Transcript : Star Cement Limited, Q1 2023 Earnings Call, Aug 03, 2022	22-08-03
Star Cement Limited Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-02	CI

Star Cement Limited is an India-based cement company in North-Eastern India. The Company is engaged in the manufacture of cement, cement clinker, and generation of pawer. It operates through segments: Cement and Power. The Company has its 1.67 million tons per annum (MTPA) integrated cement plant in the idyllic town of Lumshnong in Meghalaya. Its product range for construction includes Ordinary Portland Cement (OPC 43-Grade) and (OPC 53-Grade) and Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) and a marque product in the value-added segment Anti Rust Cement (ARC). In addition, the Company has two grinding units, a two MTPA cement unit in Sonapur near Guwahati and another cement unit at Mohitnagar near Siliguri in West Bengal, with a capacity of two million tons per annum (MTPA), with an installed capacity of around 5.7 MTPA. The Company is selling its product across northeastern and eastern states of India.

Sector

Construction Materials

Calendar

2024-05-21 - Q4 2024 Earnings Release

More about the company

Income Statement Evolution

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Ratings for Star Cement Limited

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

219.8 INR

Average target price

205.6 INR

Spread / Average Target

-6.48%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cement & Concrete Manufacturing

	1st Jan change	Capi.
STAR CEMENT LIMITED	+27.80%	1.07B
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Cement & Concrete Manufacturing