Top Cement Stocks in India by Market Capitalization

Explore India's top cement companies contributing to infrastructure development with diverse applications and a strong market presence.

Cement Industry in India – A Brief Overview

India is the world's 2nd largest cement producer and contributes over 7% of global production capacity. The sector supports key infrastructure, and housing projects and has a projected annual growth rate of 4.94% through 2028. Source – The Economic Times

UltraTech Cement

Market Cap: ₹329,976.11 Crore UltraTech, India’s largest cement producer, offers a wide range of high-quality cement products. With its headquarters in Mumbai, the company operates globally, focusing on innovative and sustainable building solutions. Data as of 24th December 2024. Source – NSE

Ambuja Cements

Market Cap: ₹133,796.87 Crore Ambuja Cements, a part of the Adani Group of companies, is a pioneer in sustainable cement manufacturing. It is recognized for its flagship brands and robust supply chain across India. Data as of 24th December 2024. Source – NSE

Shree Cements

Market Cap: ₹96,664.47 Crore Headquartered in Rajasthan, Shree Cements is a leader in energy-efficient cement manufacturing. It caters to a diverse clientele, including large-scale infrastructure and housing projects. Data as of 24th December 2024. Source – NSE

ACC

Market Cap: ₹39,341.43 Crore ACC, with over eight decades of expertise, has built a reputation for innovation in cement technology. It is a subsidiary of Ambuja Cement and belongs to the Adani Group. Data as of 24th December 2024. Source – NSE

J. K. Cement

Market Cap: ₹35,481.97 Crore Based in Kanpur, J. K. Cement specializes in the production of grey and white cement. It is a trusted name across domestic and international markets for its quality products. Data as of 24th December 2024. Source – NSE

Dalmia Bharat

Market Cap: ₹32,445.74 Crore Delhi-based Dalmia Bharat stands out for its commitment to producing green cement. It plays a significant role in India’s growing infrastructure and housing demands. Data as of 24th December 2024. Source – NSE

Ramco Cements

Market Cap: ₹23,548.90 Crore Ramco Cements, headquartered in Chennai, is a trusted name in South India. It is known for its superior cement quality and premium products catering to diverse construction needs. Data as of 24th December 2024. Source – NSE

Nuvoco Vistas

Market Cap: ₹12,498.68 Crore Part of the Nirma Group, Nuvoco Vistas specializes in sustainable cement production. Its cutting-edge technology and diverse product portfolio make it a key player in the industry. Data as of 24th December 2024. Source – NSE

Conclusion – Cement Industry Outlook

The Indian cement industry remains pivotal for economic growth, driven by infrastructure and housing demand. For more such content, please head over to the Bajaj Broking website. Data as of 24th December 2024. Source – NSE