Latest news with #NuvocoVistasCorporation
Mint
11-08-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 11 August 2025
Breakout stocks buy or sell: A sharp wave of selling swept through the Indian stock market, pulling the benchmark indices down by around 1 per cent each, on Friday, August 8. The Sensex tumbled 765 points, or 0.95 per cent, to settle at 79,857.79, while the Nifty 50 slipped 233 points, or 0.95 per cent, ending at 24,363.30. Among the broader markets, the BSE Midcap index fell 1.56 per cent, and the Smallcap index declined 1.03 per cent. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has slipped below 24,500 decisively and the 50-stock index has now made its base around its 200-DEMA support at 24,000. Speaking on the outlook of Indian stock market, Bagadia said, ' On the upper side 24,550 is expected to work as immediate hurdle. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Sanghvi Movers, Gujarat State Fertilizers & Chemicls, Nuvoco Vistas Corporation, Yatharth Hospital & Trauma Cre Srvcs, and Fortis Healthcare. 1] Sanghvi Movers: Buy at ₹ 307.1, target ₹ 330, stop loss ₹ 297; 2] Gujarat State Fertilizers & Chemicls: Buy at ₹ 213.2, target ₹ 229, stop loss ₹ 206; 3] Nuvoco Vistas Corporation: Buy at ₹ 440.05, target ₹ 470, stop loss ₹ 425; 4] Yatharth Hospital & Trauma Cre Srvcs: Buy at ₹ 706.1, target ₹ 760, stop loss ₹ 680; 5] Fortis Healthcare: Buy at ₹ 897.35, target ₹ 960, stop loss ₹ 865. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
07-08-2025
- Business
- Time of India
India's last cement IPO did not work. Can JSW Cement break that curse?
When Nuvoco Vistas Corporation listed in August 2021, it came with the promise of scale and the pedigree of the Nirma Group. Yet, within 10 months, the stock had halved. Investors who bought at the IPO price are still nursing wounds with Nuvoco shares trades nearly 24% below its IPO price of INR570, nowhere close to its all-time high. That bruising debut cast a long shadow over the sector. No other cement company has dared to go public since –
Business Standard
18-07-2025
- Business
- Business Standard
Nuvoco Vistas Corp rallies on stellar Q1 results, PAT surges to Rs 133 crore
Nuvoco Vistas Corporation rose 2.90% to Rs 393.75 after the company posted strong Q1 FY26 results. On a consolidated basis, net profit surged 4,589% year-on-year to Rs 133.16 crore in Q1 FY26. Revenue from operations grew 8.96% YoY to Rs 2,872.70 crore during the quarter. Profit before tax zoomed 3861% YoY to Rs 201.60 crore, while EBITDA increased 53.16% YoY to Rs 533 crore, the company's highest-ever for a first quarter. In Q1 FY26, revenue from the cement segment rose 9.43% YoY to Rs 2,630.35 crore, while revenue from ready-mix concrete and others declined 0.64% YoY to Rs 254.45 crore. Cement sales volume stood at 5.1 million metric tonnes (MMT) in Q1 FY26. The company stated that its on track to achieve approximately 31 MMTPA cement capacity by Q3 FY27 post successful acquisition of Vadraj Cement (VCL), retaining its fifth-largest cement group position in India for the long term. While the company remains a leading player in East India, this acquisition aligns seamlessly with Nuvocos strategy of expanding its presence in the Western and Northern regions. It brings complementary capabilities to enhance geographic reach and create long-term value for stakeholders. Furthermore, the company remained committed to its deleveraging agenda, reducing like-for-like net debt by Rs 884 crore YoY to Rs 3,474 crore. Premium products continue to be a strategic priority for the company, with their share of trade volume rising to 41% in Q1 FY26. The company also achieved a robust trade mix of 76%the highest in the last 13 quarters. The sustained momentum of the NuvocoConcreto and NuvocoDuraguard product portfolio reflects growing recognition as trusted solutions for superior construction needs. The companys commitment to sustainability is evident as it continues to lead the industry with the lowest carbon emissions, further reducing emissions to 453.8 kg CO₂ per ton2 of cementitious materials, down from 457 kg CO₂ per ton in FY24. Jayakumar Krishnaswamy, managing director of Nuvoco Vistas Corp, said, The company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumization and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the companys history. Looking ahead, we remain committed to driving sustained growth and expanding our market presence. He further added, Following the successful acquisition of Vadraj Cement, the company is fully geared up to operationalize the plants at Kutch and Surat by Q3 FY27 and at the same time expand its market footprint in the Western region. Alongside this, the Company will continue to prioritize initiatives around premiumization, geo-optimization, and cost efficiency to further strengthen its competitive edge. Nuvoco Vistas Corporation (NVC) is one of the largest cement companies and concrete manufacturers in India, with a consolidated capacity of 25 MMTPA. It offers a diversified range of products such as cement, ready-mix concrete (RMX), and modern building materials, i.e., adhesives, wall putty, dry plaster, cover blocks, and more.
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Business Standard
18-07-2025
- Business
- Business Standard
Nuvoco Vistas Corporation soars 9%, hits over 2-year high post Q1 results
Nuvoco Vistas Corporation share price Shares of Nuvoco Vistas Corporation (Nuvoco) hit an over two-year high of ₹417.35, as they soared 9 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market after the company reported its June 2025 quarter (Q1FY26) earnings. The stock price of the cement & cement products company quoted at its highest level since October 2022. It had hit a record high of ₹577.50 on September 6, 2021, data shows. At 09:23 AM; Nuvoco was trading 6 per cent higher at ₹404.05, as compared to 0.16 per cent decline in the BSE Sensex. The average trading volumes on the counter jumped over 10-fold, with a combined 2.37 million shares changing hands on the NSE and BSE. Nuvoco Vistas - Q1 results Nuvoco achieved a consolidated cement sales volume of 5.1 MMT in Q1FY26. Consolidated revenue from operations grew 9 per cent year-on-year (YoY) to ₹2,873 crore in Q1FY26, due to sales volume growth of 6.3 per cent YoY and 2.6 per cent YoY improvement in realization. Sequentially, revenue decreased by 5.6 per cent, as volumes declined by 10.5 per cent quarter-on-quarter (QoQ) and realization improved by 5.5 per cent QoQ. Total cost/ton was down by 3.4 per cent YoY (+5.6 per cent QoQ) mainly on account of lower raw material, power & fuel costs, and positive operating leverage on YoY basis. EBITDA/ton increased by 42.1 per cent YoY (+5.1 per cent QoQ) to ₹1017/ton. The company reported its highest-ever first quarterly consolidated Earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹533 crore in Q1FY26. On profit after tax level, company reported profit of ₹ 133.2 crore as against net profit of ₹2.8 crore in Q1FY25 and net profit of ₹165.5 crore in Q4FY25 Premium products continue to be a strategic priority for the company, with their share of trade volume rising to 41 per cent in Q1FY26. The company said it achieved a robust trade mix of 76 per cent - the highest in the last 13 quarters. The sustained momentum of the Nuvoco Concreto and Nuvoco Duraguard product portfolio reflects growing recognition as trusted solutions for superior construction needs. Meanwhile, with 25 MMTPA of combined installed capacity, the company is on track to achieve approx. 31 MMTPA cement capacity by Q3FY27 post successful acquisition of Vadraj Cement Limited (VCL) retaining its fifth largest cement group position in India for long term. While the company remains a leading player in East India, this acquisition aligns seamlessly with Nuvoco's strategy of expanding its presence in the Western and Northern regions. Management commentary The company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the company's history. Looking ahead, the management said the company remains committed to drive sustained growth and expand its market presence. About Nuvoco Vistas Nuvoco Vistas Corporation (Nuvoco) is a building materials company with a vision to build a safer, smarter, and sustainable world and among the leading players in East India with strong presence in North and West India. Nuvoco offers a diversified business portfolio in three business segments: Cement, Ready-Mix Concrete (RMX), and Modern Building Materials (MBM). Nuvoco's Cement product portfolio includes - Concreto, Duraguard, Double Bull, PSC, Nirmax and Infracem brands that offer a complete spectrum of Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC) and Portland Composite Cement (PCC).
Business Standard
18-07-2025
- Business
- Business Standard
Nuvoco Vistas Corporation consolidated net profit rises 4588.73% in the June 2025 quarter
Sales rise 8.96% to Rs 2872.70 crore Net profit of Nuvoco Vistas Corporation rose 4588.73% to Rs 133.16 crore in the quarter ended June 2025 as against Rs 2.84 crore during the previous quarter ended June 2024. Sales rose 8.96% to Rs 2872.70 crore in the quarter ended June 2025 as against Rs 2636.48 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 2872.702636.48 9 OPM % 18.0513.02 - PBDT 416.26221.29 88 PBT 201.605.09 3861 NP 133.162.84 4589
