PPC - PPC Limited

Mar 31, 2023 at 17:20 Twitter · Facebook

PPC share price on Johannesburg Stock Exchange

A leading supplier of materials and solutions into the basic services sector in southern Africa, PPC has 11 cement factories in South Africa, Botswana, DRC, Ethiopia, Rwanda and Zimbabwe.

PPC’s capacity is around eleven and a half million tonnes of cement products each year. PPC’s Materials business comprises of Pronto Readymix (including Ulula Ash) and 3Q Mahuma Concrete. PPC’s footprint in the readymix sector has grown to include 26 batching plants across South Africa.

PPC also produces aggregates with its Mooiplaas aggregates quarry in Gauteng having the largest aggregate production capacity in South Africa. PPC Lime, one of the largest lime producers in the southern hemisphere, produces metallurgical-grade lime, burnt dolomite and limestone.

PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span across South Africa, Botswana, Zimbabwe, and Rwanda. The company...

PPC Limited is listed on the Johannesburg Stock Exchange (JSE). PPC is traded on the JSE under the ticker symbol “PPC”. The International Securities Identification Number (ISIN) of JSE:PPC is ZAE000170049. PPC Limited is currently the 146th most valuable stock on the JSE with a market capitalization of ZAR 4.54 billion, which makes about 0.022% of the Johannesburg Stock Exchange equity market.

PPC Stock Market Performance

The current share price of PPC Limited (PPC) is ZAR 2.92. PPC closed its last trading day (Friday, March 31, 2023) at 2.92 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.7% gain over its previous closing price of 2.90 ZAR. PPC began the year with a share price of 2.18 ZAR and has since gained 33.9% on that price valuation, ranking it eighth on the JSE in terms of year-to-date performance. Investors should, however, take caution of PPC’s recent poor performance, having lost 13% of its value in the past four weeks.

PPC is the 16th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 3 - Mar 31, 2023). PPC has traded a total volume of 246 million shares—in 25,778 deals—valued at ZAR 698 million over the period, with an average of 3.91 million traded shares per session. A volume high of 32.7 million was achieved on February 7th, and a low of 349,336 on March 31st, for the same period. The table below details the last 10 trading days of activity of PPC on the Johannesburg Stock Exchange.

Profile of PPC Ltd.

PPC Ltd. operates in the Industrials sector, specifically, the Construction & Materials industry.

PPC Industrial Market Competitors

PPC Ltd., issuers of the PPC stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or Construction & Materials industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange