Low Price Stock: These Two SmallCap, Low Price Cement Stocks are Buzzing on Bourses on Friday

Shiva Cements made a fresh 52-week high on Friday while Udaipur Cement Works is seen trading close to its fresh 52-week highs. 

The broader markets are seen outperforming the benchmark indices on Friday with  BSE SmallCap Index up by nearly 0.5 per cent while BSE Sensex is down by ~0.2 per cent. Two small-cap , low priced cement stocks are bucking the trend and trading with hefty gains. Shiva Cements and Udaipur Cement works. Shiva Cements is up by more than 6 per cent on Friday while Udaipur Cement Works has gained by nealry 5 per cent on Friday.  Both the small-cap cement stocks have almost doubled in 2021 alone while have proven to be multibaggers in the past one year. 

The share price of Shiva Cements is up by more than 3 per cent in one month while the share price of Udaipur cement works is up by more than  26 per cent in one month alone. 

Shiva Cements made a fresh 52-week high on Friday while Udaipur Cement Works is seen trading close to its fresh 52-week highs. 

Udaipur Cement Works has delivered good profit growth of 62.18% CAGR over last 5 years and is reflecting a high ROE. Cement stocks have been outperforming markets in 2021 with several mid-cap and small-cap cement stocks trading at fresh 52-week highs. 

BSE Sensex is seen trading weak on Friday , dragged by RIL.