STARCEMENT

Star Cement Share PriceStar Cement

₹163.95
-0.7 (-0.43%)
As on 01 December, 2023 | 22:14 BSE: 540575 NSE: STARCEMENTISIN: INE460H01021

Star Cement Performance

Day Range

  • Low 163.10
  • High 166.25
₹ 163.95

52 Week Range

  • Low 100.15
  • High 182.35
₹ 163.95
  • Open Price164.95
  • Previous Close164.65
  • Volume501096

Start SIP in Star Cement

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Star Cement Share Price

  • Over 1 Month 6.84%
  • Over 3 Month 1.74%
  • Over 6 Month 22.44%
  • Over 1 Year 54.09%

Star Cement Key Statistics

P/E Ratio 23.4
PEG Ratio 1
Market Cap Cr 6,627
Price to Book Ratio 2.7
EPS 4.1
Dividend 0
Relative Strength Index 50.3
Money Flow Index 57.22
MACD Signal 1.83
Average True Range 6.41

Star Cement Investment Rating

  • Master Rating:
  • Star Cement has an operating revenue of Rs. 2,790.31 Cr. on a trailing 12-month basis. An annual revenue growth of 22% is outstanding, Pre-tax margin of 14% is healthy, ROE of 10% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 17% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 134 indicates it belongs to a poor industry group of Bldg-Cement/Concrt/Ag and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Star Cement Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 602773826623596649736
Operating Expenses Qtr Cr 525680708558545572649
Operating Profit Qtr Cr 779311865517787
Depreciation Qtr Cr 20192121181820
Interest Qtr Cr 4324443
Tax Qtr Cr 222331171423-6
Net Profit Qtr Cr 37546930244175
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,7312,201
Operating Expenses Annual Cr 2,3921,946
Operating Profit Annual in Cr 312232
Depreciation Cr 7872
Interest Annual Cr 1312
Tax Annual Cr 85-6
Net Profit Annual Cr 164176
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 304260
Cash from Investing Activity Annual Cr -140-80
Cash from Financing Annual Activity Cr -52-211
Net Cash Flow Annual Cr 112-31
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,4641,299
Fixed Assets Annual Cr 859552
Total Non Current Assets Annual Cr 1,5281,171
Total Current Assets Annual Cr 598741
Total Assets Annual Cr 2,1261,912
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3632
ROE Annual % 1114
ROCE Annual % 1612
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1312
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 585760825620594666749
Operating Expenses Qtr Cr 487631659511525542636
Operating Profit Qtr Cr 9912916610870124113
Depreciation Qtr Cr 36323534323035
Interest Qtr Cr 3213332
Tax Qtr Cr 241147301838-3
Net Profit Qtr Cr 41939653316888
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,7572,255
Operating Expenses Annual Cr 2,2361,877
Operating Profit Annual in Cr 468345
Depreciation Cr 131122
Interest Annual Cr 1013
Tax Annual Cr 132-3
Net Profit Annual Cr 248247
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 375417
Cash from Investing Activity Annual Cr -272-289
Cash from Financing Annual Activity Cr 10-176
Net Cash Flow Annual Cr 114-47
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,4162,168
Fixed Assets Annual Cr 1,4421,033
Total Non Current Assets Annual Cr 2,1341,615
Total Current Assets Annual Cr 9971,130
Total Assets Annual Cr 3,1312,745
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 6054
ROE Annual % 1011
ROCE Annual % 1511
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1917

Star Cement Technicals

EMA & SMA

Current Price
₹163.95
-0.7 (-0.43%)
pointer
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹164.50
  • 50 Day
  • ₹161.61
  • 100 Day
  • ₹155.97
  • 200 Day
  • ₹144.27
  • 20 Day
  • ₹163.92
  • 50 Day
  • ₹160.96
  • 100 Day
  • ₹157.93
  • 200 Day
  • ₹140.66

Star Cement Resistance and Support

PIVOT
₹164.44
Resistance
First Resistance 165.77
Second Resistance 167.58
Third Resistance 168.92
RSI 50.30
MFI 57.22
MACD Single Line 1.83
MACD 1.72
Support
First Resistance 162.62
Second Resistance 161.28
Third Resistance 159.47

Star Cement Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 543,663 24,405,032 44.89
Week 1,082,129 60,674,973 56.07
1 Month 763,408 31,200,465 40.87
6 Month 898,394 32,575,773 36.26

Star Cement Result Highlights

Star Cement Synopsis

NSE-Bldg-Cement/Concrt/Ag

Star Cement is involved in the business activities of Manufacture of clinkers and cement. Company’s Total Operating Revenue is Rs. 2704.53 Cr. and Equity Capital is Rs. 40.42 Cr. for the Year ended 31/03/2023. Star Cement Ltd. is a Public Limited Listed company incorporated on 02/11/2001 and has its registered office in the State of Meghalaya, India. Company’s Corporate Identification Number(CIN) is L26942ML2001PLC006663 and registration number is 006663.
Market Cap 6,627
Sales 2,825
Shares in Float 13.34
No of funds 55
Yield
Book Value 4.54
U/D Vol ratio 0.8
LTDebt / Equity 2
Alpha 0.17
Beta 1.21

Star Cement

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 66.55%66.76%67.12%67.03%
Mutual Funds 5.97%5.96%5.9%5.9%
Foreign Portfolio Investors 0.77%0.69%0.63%0.53%
Individual Investors 6.64%6.37%6.28%6.41%
Others 20.07%20.22%20.07%20.13%

Star Cement Management

Name Designation
Mr. Sajjan Bhajanka Chairman & M.D & CEO
Mr. Rajendra Chamaria Vice Chairman & Mng.Director
Mr. Sanjay Agarwal Managing Director
Mr. Prem Kumar Bhajanka Managing Director
Mr. Pankaj Kejriwal Whole Time Director & COO
Mr. Pramod Kumar Shah Independent Director
Mr. Deepak Singhal Independent Director
Mr. Amit Kiran Deb Independent Director
Mr. Plistina Dkhar Independent Director
Ms. Ibaridor Katherine War Independent Director
Mr. Nirmalya Bhattacharyya Independent Director
Mr. Brij Bhushan Agarwal Director

Star Cement Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Star Cement Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-08 Quarterly Results
2023-05-19 Audited Results
2023-02-03 Quarterly Results
2022-11-14 Quarterly Results

Star Cement MF Shareholding

Name Amount(cr)
SBI Small Cap Fund Regular Plan Growth 21,140
SBI Flexicap Fund Regular Growth 17,570
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 461
ICICI Prudential S&P BSE 500 ETF 128
Groww Nifty Total Market Index Fund Regular Growth 32

Star Cement FAQs

What is Share Price of Star Cement ?

Star Cement share price is ₹163 As on 01 December, 2023 | 22:00

What is the Market Cap of Star Cement ?

The Market Cap of Star Cement is ₹6626.5 Cr As on 01 December, 2023 | 22:00

What is the P/E ratio of Star Cement ?

The P/E ratio of Star Cement is 23.4 As on 01 December, 2023 | 22:00

What is the PB ratio of Star Cement ?

The PB ratio of Star Cement is 2.7 As on 01 December, 2023 | 22:00

Q2FY23