Categories
Not Cyclical in India
Category: Cement
Categories
Cement Stocks on a tear
Normally, cement stocks soften when the monsoon begins.
This year seems to be an exception as the table below shows:
| Symbol | Close on 30 May,2014 | Close on 18 June,2014 | Gain |
| AMBUJACEM | 217.6 | 221.5 | 1.79% |
| BIRLACORPN | 361.55 | 386.95 | 7.03% |
| SHREECEM | 6851.05 | 7335.5 | 7.07% |
| ACC | 1337 | 1475.2 | 10.34% |
| INDIACEM | 99.85 | 114.05 | 14.22% |
| MANGLMCEM | 182.75 | 210.1 | 14.97% |
| OCL | 226.7 | 263.15 | 16.08% |
| ULTRACEMCO | 2382.2 | 2805.1 | 17.75% |
| JKCEMENT | 333.65 | 406.4 | 21.80% |
| KAKATCEM | 90.9 | 113.05 | 24.37% |
| JKLAKSHMI | 190.4 | 238.1 | 25.05% |
| PRISMCEM | 59.3 | 75.65 | 27.57% |
| NCLIND | 25.85 | 33.8 | 30.75% |
| BURNPUR | 10.1 | 13.3 | 31.68% |
| DALMIABHA | 373.55 | 496 | 32.78% |
| KCP | 36.95 | 49.65 | 34.37% |
This post is in continuation of my 5 Stocks Series (see here)
Cement stocks cracked in June 2013 as can be seen from the table below:
| Symbol | Close on 31 May,2013 | Close on 28 June,2013 | Loss |
| PRISMCEM | 41.65 | 34.45 | -17.29% |
| ANDHRACEMT | 7.2 | 6 | -16.67% |
| BINANIIND | 86.55 | 72.6 | -16.12% |
| INDIACEM | 66.7 | 56.85 | -14.77% |
| BIRLACORPN | 250.5 | 218.2 | -12.89% |
| HEIDELBERG | 47.45 | 42.3 | -10.85% |
| JKLAKSHMI | 107.25 | 96.75 | -9.79% |
| SAGCEM | 210.7 | 194 | -7.93% |
| SHREECEM | 4957.35 | 4667.2 | -5.85% |
| KCP | 28.8 | 27.5 | -4.51% |
| DALMIABHA | 132.3 | 128.05 | -3.21% |
| JKCEMENT | 235.8 | 228.4 | -3.14% |
| OCL | 147.4 | 145.15 | -1.53% |
| SANGHIIND | 17.65 | 17.4 | -1.42% |
| MANGLMCEM | 121.15 | 119.55 | -1.32% |
| BVCL | 6.1 | 6.05 | -0.82% |
| ULTRACEMCO | 1878.3 | 1877 | -0.07% |
| DECCANCE | 185 | 185 | 0.00% |
| KAKATCEM | 70 | 70 | 0.00% |
| ACC | 1218.75 | 1222.65 | 0.32% |
| AMBUJACEM | 182.35 | 186.85 | 2.47% |
| MADRASCEM | 222.45 | 227.95 | 2.47% |
| NCLIND | 24.95 | 25.8 | 3.41% |