Strota/ Newsroom/ 2026-08-26

SAURASHCEM (SAURASHCEM): Order Win

Strota Newsroom · session of 2026-08-26 · 25 Aug 18:09 · SAURASHCEM stock page →

We would like to inform you that Gujarat Siddhee Cement Limited, which was merged with Saurashtra Cement Limited ( the C… Historically, order win events have moved SAURASHCEM-type stocks in the bullish direction 72.0% of the next sessions (n=50).

Saurashtra Cement has informed the exchange that, following its merger with Gujarat Siddhee Cement, the combined entity has received a show-cause notice from the Office of the Assistant Commissioner of State Tax over goods-and-services-tax matters under Section 74 of the CGST Act and the Gujarat GST Act. The disclosure is a tax-authority query, not a concluded liability.

Events of this kind — a show-cause or tax notice — have a favourable historical record across many past stocks tracked by Strota. Events like this have historically produced a positive reaction 72.0% of the time, based on a sample of 50 instances, with a net edge of 1.6%. The base rate tilts clearly positive, but it reflects the average across many names and is not a prediction for this stock.

The company's own footprint is small. Saurashtra Cement has a market capitalisation of ₹657 crore and trades at a price-to-earnings multiple of 98.35, a price-to-book multiple of 0.69 and earnings per share of 0.6 — a low book multiple against a high earnings multiple. Earnings headlines in the pack note Q2 revenue up 8.4% year-on-year with EPS of ₹1.3.

The data does not establish the size of any potential liability or how the market will treat the notice, and the base rate is explicitly a historical average. What it shows is a low-book-value cement maker fielding a tax query, against a cross-stock precedent where similar notices have historically skewed positive.

The catalyst

We would like to inform you that Gujarat Siddhee Cement Limited, which was merged with Saurashtra Cement Limited ( the Company ) pursuant to the order of the Hon ble National Company Law Tribunal, Ahmedabad Bench dated 16th March 2023, has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax, Unit-87, B/H Mamlatdar Office, Rajendra Bhuvan Road Veraval. Gir Somnath-362265 under Section 74 of Central Goods Services Tax Act ( CGST ) Act 2017 and the Gujarat Goods and Services Tax ( GGST ) Act, 2017.The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), read with Schedule III of the Listing Regulations and in accordance with Industry Standards Note on Regulation 30 of the LODR Regulations read with SEBI Master Circular vide Ref. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 Issued on July 11, 2023, and Last updated on January 30, 2026 (the SEBI Master Circular ) are given in Annexure A. (filing · NSE)

What the data shows after this event

Across Strota's backtest of past filings, Order Win tends to continue — the move went bullish in about 72.0% of next sessions (net 1.6% after drift and cost, n=50). A base rate, not a forecast for this stock.

SAURASHCEM right now

P/E 98.35. Full SAURASHCEM analysis →

Sources

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How this article was made: Strota assembled the exchange data above (prices, F&O open interest, bulk/block deals, SEBI PIT filings, indicator readings and public headlines) and an AI model wrote the narrative strictly from that evidence — it is not permitted to add outside facts or numbers. Every figure comes from the underlying exchange/public data.