Orient Cement Share Price

Orient Cement Stock Trends in 2018

1. The share price of Orient Cement opened at Rs.163 at the beginning of January 2018. The price of the stock in the first week of the month reached its 52-week high at Rs.176. By the middle of the month, the stock price decreased to Rs.172 and finally closed the month at Rs.150.
2. In February, the price of the stock opened at Rs.147. The share price fluctuated to a great extent in the month as it increased to Rs.150 by the middle of the month. In the second half of February, the price of the stock dipped but increased in the last week, closing at Rs.159.
3. The stock price opened the month of March at Rs.159 and decreased throughout the month due to market performance. The share price by the middle of the month had decreased to Rs.145. The price of the stock decreased further in the second half of March and closed the month at Rs.139.
4. In April, the share price was steady throughout the month. The stock price was Rs.138 at the beginning of the month and crossed the Rs.140 mark by the middle of the month. However, in the second half of April, the price of the stock fluctuated and closed the month at Rs.145.
5. For the month of May, the share price declined throughout the month starting at Rs.147. By the middle of the month, the price of the stock had dipped to Rs.128. In the second half of the month, the share price dipped further and closed at Rs.123.
6. The month of June was not beneficial for the investors as the price of the stock declined to a great extent throughout the month. At the beginning of the month, the share price was Rs.126 but decreased to Rs.116 by the middle of June. The price of the stock in the second half of the month fluctuated, decreased and closed at Rs.112.
7. July was a month which proved to be better for the investors compared to June. In the first half of the month, the share price opened at Rs.112, however decreasing to Rs.109 by the middle of July. However, the price of the stock picked up momentum in the second half of the month, closing at Rs.130.
8. The price of the share at the beginning of August was Rs.125 which decreased to Rs.116 by the middle of the month. The company offered a final dividend at 75% in the first half of the month. In the second half of August, the price of the stock was majorly steady and closed at Rs.117.
9. In September, the share price at the beginning of the month was Rs.117. This month was not beneficial for investors as the price dipped throughout the month. Rs.108 was the price of the share by the middle of the month. In the second half of September, the price of the stock dipped further and closed at Rs.98.
10. The share price plummeted continuously throughout the month of October as well, starting the month at Rs.94. By the middle of the month, the price of the stock had decreased to Rs.89. In the second half of October, the price share decreased further and closed the month at Rs.82.
11. In November, the price of the stock opened at Rs.84. In the first week of the month, the share price increased marginally to Rs.88 and decreased to Rs.86 by the middle of November. In the second half of the month, the price of the stock plummeted and closed at Rs.80 which was the 52-week low of the company.

Orient Cement Stock Trends in 2016 and 2017

1. The price of the stock opened the month of January 2016 at Rs.152. By the middle of the month, the share price had reduced to Rs.146. However, in the second half of January, the stock price increased and closed at Rs.147. In February, the price of the share opened at Rs.145 and hit the 52-week low at Rs.133 by the middle of the month. The share in the second half of the month recovered marginally and closed at Rs.135.
2. In March, the price of the stock at the beginning of the month was Rs.136. It was steady till the middle of the month at Rs.134. The share price increased substantially in the second half of March and closed at Rs.151. The stock price opened at Rs.151 in April and was steady throughout the month. The share priced closed the month at Rs.148.
3. The share price opened the month of May at Rs.150. By the middle of the month, it increased to Rs.157. However, in the second half of the month, the price of the stock fluctuated to a great extent, closing the month at Rs.158. In June, the price of the stock increased and opened at Rs.161. This month was beneficial to investors as by the middle of the month, the share price increased to Rs.169 and increased further, closing at Rs.182.
4. The price of the stock in July was majorly steady throughout the month. The company offered its final dividend at 100% this month. The share price opened at Rs.183 and decreased to Rs.177 by the middle of the month, closing at Rs.171. For August, the stock price opened the month at Rs.170 but increased throughout the month. However, by the middle of the month, the price decreased to Rs.163 but increased and closed at Rs.188.
5. In the month of September, the price of the stock opened at Rs.189 and increased to Rs.208 by the middle of the month. The share price fluctuated in the second half of the month and closed at Rs.206. In October, the share price opened at Rs.215 and reached the 52-week high in the first week of the month at Rs.230. By the middle of the month, the stock price decreased to Rs.192 and closed at Rs.176.
6. The stock price in the month of November opened at Rs.171 and plummeted to Rs.145 by the middle of the month. The price of the share dipped further in the second half of the month and closed at Rs.134. In December, the share price opened at Rs.137 and decreased to Rs.130 by the middle of the month. The share reached its 52-week low in the second half of the month at Rs.120 and closed at Rs.128.
7. The share price at the beginning of January 2017 at Rs.124. By the middle of the month, the price of the stock reached Rs.129. In the second half of January, the share price increased and closed at Rs.136. Rs.140 was the opening price of the share at the beginning of February. The share price dipped to Rs.137 by the middle of the month but increased gradually, closing at Rs.152.
8. In March, the share price opened at Rs.155 but dipped by the middle of the month at Rs.135. In the second half of the month, the price of the stock reached its 52-week low at Rs.126, closing the month at Rs.131. However, in the month of April, the stock price after opening at Rs.132 increased to Rs.151 by the middle of the month. In the second half, the share increased further, closing at Rs.161.
9. The share reached Rs.172 at the beginning of May. By the middle of the month, the price of the stock dipped to Rs.163. However, in the second half of the month, the price plummeted, closing at the month at Rs.149. In June, the share price at the beginning of the month was Rs.145. The share price fluctuated in the first half of the month at Rs.148. In the second half of June, the price of the share dipped further closing at Rs.138.
10. In July, the investors were benefited in the first half of the month where the share price opened at Rs.142 and increased to Rs.158. In the second half of July, the stock increased to Rs.168 but decreased, closing the month at Rs.152. For the month of August, the price of the stock opened at Rs.155 and was steady till the middle of the month. The share price decreased in the second half of August and closed at Rs.151.
11. The price of the stock in September opened at Rs.152 and increased to Rs.160 by the middle of the month. The company offered a final dividend of 50% in August. The stock plummeted in the second half of the month and closed at Rs.151. Investors were benefited in October, where the stock opened at Rs.153 and was steady till the middle of the month. In the second half, the price increased and closed at Rs.173.
12. In November, the stock price reached its 52-week high at the beginning of the month at Rs.180. However, it decreased by Rs.20 to Rs.160 by mid-month. In the second half of November, the share price increased and closed at Rs.163. The price of the stock at the beginning of December was Rs.162 and was steady till the middle of the month. However, in the second half of the month, the price increased and closed at Rs.171.

Should you invest in Orient Cement Limited Shares?

1. Orient Cement is among the fastest growing manufacturers of cement in India. The company manufactures its cement under the brand name Birla and is used all over the country for industrial, commercial and residential projects.
2. The company, in the FY 18, grew by 19% when compared to FY 2017. In FY 17, the net revenue was Rs.1887 crore which increased to Rs.2242.6 crore by the end of FY 18. In the last 5 years, the company's net revenue has increased by over Rs.500 crore.
3. In terms of net profit, the company recovered from a loss in FY 17 of Rs.32 crore and reported a profit of Rs.44 crore by the end of FY 2018.
4. The company's earnings before interest, tax, and depreciation had grown by over 70%. The EBITDA of the company in FY 2017 was Rs.190 crore which increased to Rs.325 crore by the end of FY 2018.
5. According to the Annual Report of the company, the gross sales of the company has increased YoY. From Rs.2170.89 crore at the end of FY 2017, the gross sales increased to Rs.2310.84 crore at the end of FY 2018.
6. The profit of the company before tax increased to a great extent YoY. In FY 2017, Rs.55.05 crore was the profit of the company before tax which increased to Rs.196.19 crore at the end to FY 2018.
7. On a YoY basis, the company's non-current assets have increased from Rs.2450.69 crore at the end of FY 2017 to Rs.2478.27 crore at the end of FY 2018. The current assets of the company have also increased YoY. The current assets of the company at the end of FY 2017 was Rs.432.41 crore which increased to Rs.462.62 crore at the end of FY 2018.
8. Due to this, there was a YoY increase in the total assets of the company. The company's total assets in FY 2017 amounted to Rs.2883.10 crore which increased to Rs.2940.89 crore at the end of FY 2018.
9. In terms of liabilities, the non-current liabilities decreased on a YoY basis. At the end of FY 2017, the non-current liabilities amounted to Rs.1313.85 crore which decreased to Rs.1272.62 crore at the end of FY 2018. The company's current liabilities at the end of FY 2017 amounted to Rs.1895.92 crore which increased to Rs.1918.77 crore at the end of FY 2018.
10. The total liabilities of the company increased from Rs.2883.10 crore by the end of FY 2017 to Rs.2940.89 crore at the end of FY 2018.
11. The total equity of the company also increased YoY. From Rs.987.18 crore in FY 2018, there was an increase to Rs.1022.12 crore by the end of FY 2018.
12. In the stock market, the share price of Orient Cement has been decreasing since the second half of the year. However, it might be beneficial to the long-term investor. It is, however, strongly advised to do some research thoroughly before investing.

Company Information

Orient Cement was established in 1979 and is one of the leading manufacturers of cement in the country. The cement made by the company is a mixture of Pozzolana Portland Cement (PPC) & Ordinary Portland Cement (OPC). Orient Cement manufactures its cement under the brand name of Birla.

Orient Cement has gained recognition and is used all over the country due to the quality of cement which they manufacture. The product of the company has been certified for ISO 9001:2015, ISO 14001:2015, BS OHSAS 18001:2017 from the Netherlands and ISO 50001:2011.

The company has received various accolades and awards by various organizations in India and other countries.

Company History

Orient Cement was established in 1979 and was a part of Orient Paper and Industries. The company emerged in 2012.

Orient Cement is an integral part of the CK Birla Group.

The company first started manufacturing cement in 1982 in the district of Adilabad, Telangana. Orient Cement opened its split-grinding unit in Nashirabad in Maharashtra in 1997. In 2015, the company started commercially producing the cement at their integrated cement plant which they opened in Gulbarga, Karnataka.

Orient Cement and its cement plants are capable of producing 8 million tonnes per annum and they cater to states such as Karnataka, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Kerala, Chhattisgarh and various parts of Madhya Pradesh.

The company is one of the two companies which was awarded the TPM(Total Plant Maintenance) Excellence Award by the Japan Institute of Plant Maintenance.

Management of the Company

Mr. Chandrakant Birla - Chairman

Mr. Chandrakant Birla is the Chairman of Orient Cement who is an industrialist by profession. He has years of experience in managing various industrial enterprises.

Mr. Desh Deepak Khetrapal - Managing Director and CEO

Mr. Desh Deepak Khetrapal serves as the Managing Director and CEO of the company. He has been a part of various industrial conglomerates. Mr. Khetrapal has extensive experience in managing retail and consumer businesses.

Orient Cement Listings in the BSE, NSE and other stock market indices

Orient Cement has been listed in two of the major stock indices in the country which is the National Stock Exchange(NSE) and the Bombay Stock Exchange(BSE). The shares offered by the company is given to the general public for trading.

1. NSE Code - ORIENTCEMEQ
2. BSE Code - 535754
3. ISIN - INE876N01018
4. Sector - Cement

The company is a part of the following market indices:

1. Nifty 500
2. Nifty MidSmallcap 400
3. Nifty Smallcap 250
4. S&P BSE 250 SmallCap Index
5. S&P BSE 400 MidSmallCap Index
6. S&P BSE 500
7. S&P BSE AllCap
8. S&P BSE Basic Materials
9. S&P BSE MidSmallCap
10. S&P BSE SmallCap

Registered Office:

Unit VIII, Plot No 7, Bhoinagar, Bhubaneshwar, Orissa - 751012

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The contents of this post/blog do not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not professional advice on a specific financial matter.