Sagar Cements News

At a time when everything on the street appears good and green, there is a case of being selective while being bullish. The reason, even in a raging bull market, the street never stays in this all good and green mode forever. When the street starts to become selective, it is stocks where there are some improvements in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

We submit the Certificate received from our RTA M/s. KFin Technologies Limited for the Quarter ended 30th June, 2024.

The bullish mode and mood of the market, which is already in place on the street as the nifty touched new high, is likely to get a boost as the first indication of return of FPI comes to markets. The budget and the narrative which gets built post that is going to play an important role in that. Maintaining fiscal discipline and announcing continuing policy push for key sectors would be key for that. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Every now and then the nifty keeps witnessing volatile movement, the difference this week was amidst all the intraday volatility because the bias of volatility has changed, nifty was able to touch a new high. Also because market breadth was positive, the trend for the majority would be bullish. Given the fact that macros are shaping for good, it appears that there is no reason for bulls to leave their control any time soon. While being bullish, be ready for a phase of volatility. In such times, if one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In less than a month, two cement majors clearly showed their intent. The intent is to grow through an inorganic route. One by complete acquisition, the other by taking a large stake in the company. Another common thing, both of them are focussed on the southern part of India, where the cement companies have a history of being under pressure. So why are they looking toward southern India? The answer lies in something else. It is one of the key raw materials that have become scarce and that is what is leading to a situation where big players clearly know that if they have to grow their capacities they have to pick on companies which have access to that critical raw material. This aggressive consolidation is likely to continue and it is the smaller players which are likely to be targeted.

Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy as Joint Managing Director of the company for a period of three 3 years.

Intimation regarding closure of Trading Window

Re-appointment of Managing Director and Joint Managing Director.

Approval of Dividend for F.Y. 2023-24 at their 43rd AGM

We submit herewith the Voting Results and Scrutinizers Report.

We herewith submit the proceedings of our 43rd AGM.

With election results behind us, the focus of the street is on the first budget of this government. In the run up to the budget market may stay in range bound mode and post budget there could be a strong directional move. If that directional move is in upward direction, there is a high probability that mid caps would once again see another round of party. So, while being bullish, one should also be more careful in selecting the stocks. See if the company has a track record of paying dividends. While the dividends are ignored in general by investors and more particularly in a bullish market as the whole focus is on capital gains. The fact is that a dividend is a reflection of the underlying business and that is what one owns when one buys a stock. We take a look at 4 stocks, which on one hand have seen an improvement in their score in the last one month, plus they have outperformed nifty and they also meet the certain critical criteria on financial ratios.

Real estate developer Sobha announced a 6:47 rights issue at a premium of Rs 1,641. The record date for the same is June 19

18 companies including BHEL, Centrum Capital, Inox Wind, Piramal Pharma, SAMHI Hotels, and Sterling and Wilson turned profitable in Q4 after consecutive losses. Sagar Cements reported a profit of Rs 11.59 crore. Inox Wind Energy recorded a profit of Rs 38.8 crore. Analysts expect India Inc earnings to grow by 12% for FY25.

Andhra Pradesh and Chandrababu Naidu-related stocks have surged significantly post-elections, outperforming PSU and 'Modi stocks'. Traders are capitalizing on the momentum, with a focus on Naidu's role in the NDA government and growth potential.

Stocks of companies linked to Andhra Pradesh surge post TDP victory, led by Heritage Foods and Aurobindo Pharma.

With the monsoon coming, there is always a cyclical pressure on cement stocks, with the narrative being that in monsoon construction activity slows down. There is no doubt that this happens but over the last few years it has been seen that the decline in demand is not as strong as it used to be, maybe because the overall thrust on infrastructure is far higher or the fact that as the economy recovers, the overall demand matrix is better for cement companies. The fact is that cement has been a sector where most of the analysts have been caught off guards. The stocks have done well and a large number of analysts have been sticking to their stands that pricing and capacity utilization is an issue. Another reason to look for cement stocks is the fact that we have a state election coming in near term and that will lead to a situation where push to infrastructure projects would be given and that is always good news for the cement industry.

we are submitting the revised Integrated Annual Report for the year 2023-24 as there are some typographical errors in the said Integrated Annual Report submitted to the Exchangeyesterday.

We are submitting herewith our Business Responsibility and Sustainability Report.

We are submitting herewith our Integrated Annual Report for the year ended 31st March 2024.

We are forwarding our letter with respect to intimation of record date for the purpose of ensuing AGM

We are forwarding herewith our letter with respect to intimation under Regular 42 of the SEBI (LODR) Regulations 2015 regarding closure of transfer books

We are forwarding herewith our letter regarding intimation about the date of the ensuing Annual General Meeting

Pursuant to the captioned Regulation, we wish to inform you that we will be participating in the Analyst Meet viz., B & K Annual Investor conference organized by M/s. Batilivala and Karani Securities India Private Limited (B & K) on 30th May, 2024.

Submission of Secretarial Compliance Report for the year ended 31st March, 2024.

Pursuant to the above said Regulation, we are forwarding herewith the transcription of the conference call held by on 15th May, 2024 in connection with the recently announced standalone and consolidated financial results for the Q4 and F24 financial performance.

Pursuant to Regulation 47 of SEB(LODR) Regulations, 2015 , we are submitting the copies of newspaper clippings wherein financial results of the company for the fourth quarter and year ended 31.03.2024 were published in Newspapers

Further to our letter dated 9th May, 2024, we provide hereunder the link for the call recorded today at the meeting of the analysts in respect of our audited standalone and consolidatedfinancial results for the fourth quarter and year ended 31st March, 2024.Link of the Conference call : https://sagarcements.in/Earnings Call FY 24 Q4

We wish to inform you that following the release of financial results for the Q4 & FY24 on 14th May, 2024, we will be hosting an Earnings Call (Via) Zoom Meeting on Wednesday, the 15th May, 2024 at 10.00 AM IST, for analysts and investors to discuss the company''s Q4 & FY24 financial performance. We enclose the login id details along with the password to enable the investors concerned to attend the said Earnings Call.

SAGAR CEMENTS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2024 ,inter alia, to consider and approve We wish to inform you that a meeting of the Board of Directors of our Company will be held at the Registered Office of our company at Plot No.111, Road No.10, Jubilee Hills, Hyderabad-500 033 on Tuesday, the 14th May 2024 to, inter-alia, consider and take on record the audited standalone and consolidated financial results of the company for the fourth quarter and year ended 31st March, 2024.We may add that at the above said meeting, our Board may consider a proposal for recommendation of dividend for the financial year 2023-24.In this connection, we invite your reference to our letter dated 28th March, 2024 regarding closure of our "Trading Window" and wish to inform you that the same will remain closed till48 hours after the announcement of the above said financial results.

Analysts are confident about Sagar Cements as the ramp-up in new capacities will support the company’s revenue growth over two years.

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

In compliance with the Regulation 40(10) we file herewith the certificate issued by Practicing Secretaries for the year ended 31st March, 2024

In compliance with the above said regulations, we file herewith the Compliance Certificate , Certifying with the activities mentioned in the Regulation 7(3) of the above said regulations for the year ended 31st March, 2024

In compliance with Regulation 74(5) of the above said Regulations. We submit the certificate received from our RTA M/s. Kfin Technologies Limited for the quarter ended 31st March, 2024

We wish to inform you that in accordance with the code for prevention of Insider Trading adopted by our company read with SEBI (Prohibition of Insider Trading) Regulations,2015, the trading window for the shares f our company will remain closed from 1st April, 2024 till 48 hours after the date of the declaration of our financial results for the fourth quarter and year ending 31st March, 2024 after their approval by our Board at its meeting, the date of which will be fixed and intimated to you in due course.

Sagar Cements key Products/Revenue Segments include Cement, Power, Other Operating Revenue, Scrap for the year ending 31-Mar-2023.

The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(d)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sammidi Anand Reddy & Others

The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(d)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sammidi Anand Reddy & Others

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sammidi Anand Reddy & Others