Kesoram Industries Limited EBIDTA during FY19 improved significantly as compared to the previous year. Focus on harnessing resources efficaciously has begun yielding results. PAT in Q4 was positive. Overall Debt is on the decline. Cost economies further scaled up. Engagement with Business Partners reemphasised.
Continued focus on realisations and imparting efficiencies on all parameter helped the Cement Business show a much improved performance. The Business is consolidating itself in the blended Cement Category.
Tyre Business augmented its thrust on products, realisation and market positioning during the year. It will continue as an influential player in the Tyre Industry.
Both the Businesses have shown improved efficiency.
Shares of KESORAM INDUSTRIES LTD. was last trading in BSE at Rs.64.65 as compared to the previous close of Rs. 65.5. The total number of shares traded during the day was 8748 in over 136 trades.
The stock hit an intraday high of Rs. 65.45 and intraday low of 64.25. The net turnover during the day was Rs. 567686.