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Ramco Cements to Optimize Financing with New Securities Issuance

Story Highlights

An update from Ramco Cements Limited ( (IN:RAMCOCEM) ) is now available.

Ramco Cements Limited has announced that its upcoming board meeting will discuss the issuance of Non-Convertible Debentures and Commercial Papers, without increasing existing borrowing limits. This strategic move aims to capitalize on reduced interest rates, enhancing the company’s financial operations and potentially benefiting stakeholders by optimizing cost-effective financing.

More about Ramco Cements Limited

Ramco Cements Limited is a prominent player in the cement industry, primarily engaged in the production and sale of cement and related products. The company focuses on catering to the construction sector and infrastructure development projects.

YTD Price Performance: 1.59%

Average Trading Volume: 9,383

Current Market Cap: 232B INR

For a thorough assessment of RAMCOCEM stock, go to TipRanks’ Stock Analysis page.

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