Cement Stocks to Buy
Know which are best cement stocks to buy
But Before One thing should be Consider that After elections 2019 , BJP once again regained it’s Position at the center.
Usually Political Parties Funds to Contractors to get their government works done .
But due to elections Their working capital got dented and even labors who migrated from different states gone to their own states to cast their votes.
It is Believed that Labor Got handsome amount distributed by different political parties .
The Ministry of Rural Development also targeting 50 Lakh Housing units Under PMAY Gramin Scheme
So there will demand for Cement and Steel .
To buy a Best stock for a longer term in NSE/BSE one should consider few factors .
- Market Capital
- Debt to Equity Ratio
- Positive 5 Year PAT Growth
- 5 Year Average ROE
- 5 Year Avg Dividend Payout
- Good Net-worth .
Few Fundamentally good cement Stocks to buy you can Choose before going to Investment .
Stock Name | Sector | Market Capital (In crores) | ROE(%) | PAT (Cr) |
The Ramco Cements | Construction Materials | 19,206 | 14.28 | 165.37 |
Shree Cements | Construction Materials | 75,114 | 16.68 | 320.95 |
The Indian Cements | Construction Materials | 3,274 | 1.96 | 43.85 |
Ultratech Cements | Construction Materials | 1,30,666 | 8.96 | 1017.45 |
There are more than 20 + Stocks in NSE , before going to invest check these factors are available in these stock or not .
How to Calculate Debt to Equity Ratio :
It is Calculated by dividing companies liabilities with Share Holder equity .
How to Calculate ROE :
It is Calculated by Net Income with Share Holder Equity .
We Gather all the information from Different Experts please recheck the fundamentals before going for an Investment.