The Ramco Cements Limited shares jumped 3.04 per cent to ₹1,089.40 on the NSE as of 10.25 am on Monday January 5, 2026, following regulatory approval for quartzite mineral extraction. The stock opened at ₹1,065.20 and touched a high of ₹1,094.20 during morning trade, with a traded volume of 2.10 lakh shares valued at ₹22.77 crore.
The cement manufacturer informed stock exchanges on January 4, 2026, that it received approval from the Andhra Pradesh government on January 3, 2026, at 4.20 pm to include quartzite mineral in its existing limestone mining lease. The approval covers operations in Kalavataka and Kotapadu villages, Kolimigundla Mandal, Nandyal District.
Usage details
According to the company’s disclosure, the quantum of mineable quartzite reserves has not yet been determined. The extracted quartzite will be utilized for manufactured sand and pozzolanic additives in the cement industry, or for other industrial applications as they arise in future.
The approval remains valid until March 10, 2053, subject to compliance with the Mines and Minerals (Development and Regulation) Amendment Act, 2015, and other government guidelines. The company holds its mining lease in the same location where the quartzite extraction has now been authorized.
Market sentiment
Market sentiment remained bullish with 65.51 per cent of orders on the sell side against 34.49 per cent buy orders. The stock has gained 7.70 per cent over the past month and 10.46 per cent over the past year. The deliverable quantity stood at 50.55 per cent of traded volume, indicating genuine investor interest rather than speculative trading.
The company’s total market capitalization stands at ₹25,741.69 crore, with a free float market cap of ₹13,723.87 crore.