Ramco Cements Executes Rs. 50.87 Crore Block Trade on NSE
Ramco Cements completed a significant block trade on the National Stock Exchange (NSE), involving 503,845 shares at Rs. 1,009.55 per share, totaling Rs. 50.87 crores. The company's recent quarterly report also shows dematerialization of 9,320 shares through NSDL and 6,020 shares through CDSL.

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Ramco Cements , a prominent player in the Indian cement industry, recently executed a significant block trade on the National Stock Exchange (NSE). The transaction, worth Rs. 50.87 crores, involved approximately 503,845 shares changing hands at a price of Rs. 1,009.55 per share.
Transaction Details
Particulars | Details |
---|---|
Total Transaction Value | Rs. 50.87 crores |
Number of Shares Traded | 503,845 |
Price per Share | Rs. 1,009.55 |
Exchange | National Stock Exchange (NSE) |
This block trade represents a significant movement of Ramco Cements shares, potentially indicating institutional interest or a strategic shift by a major shareholder.
Recent Dematerialization Activity
In addition to this block trade, recent data from the company's quarterly report on dematerialization activities shows some interesting trends:
Depository | Total Shares Dematerialized |
---|---|
NSDL | 9,320 |
CDSL | 6,020 |
These figures suggest ongoing investor interest in converting physical shares to electronic form, which can facilitate easier trading and management of securities.
Company Overview
Ramco Cements Limited, with its corporate office in Chennai, continues to be a significant entity in the Indian cement sector. The company's commitment to regulatory compliance is evident from its timely submission of dematerialization data as required by SEBI regulations.
While this block trade marks a notable transaction for Ramco Cements, investors and market watchers will likely keep a close eye on any potential impacts on the company's stock price and trading volumes in the coming days.
Historical Stock Returns for Ramco Cements
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.76% | +3.21% | -3.36% | +4.29% | +16.22% | +31.60% |