Lok Prakashan Ltd has purchased a significant number of shares in Mangalam Cement Ltd, with each share traded at an average price of approximately Rs 830.4 on the National Stock Exchange.

Mangalam Cement experienced a significant quarter-on-quarter surge in Q4 profits due to a substantial tax reversal, reaching ₹65.2 crore. However, the company's core operations were impacted by decreased cement demand and margin squeezes.

Mangalam Cement's Q4 EBITDA remained steady at around 540 million rupees, but the company managed to boost its margins by improving them to 11%.

Mangalam Cement has secured the preferred bidder status in a mining auction held in Rajasthan, India, as announced on April 21, 2026. This success marks another step forward for the company's expansion plans.

Mangalam Cement has been announced as the preferred bidder for a mining lease in Jaisalmer, securing rights to the Minyun Ki Dhani block following a successful bid on the MSTC portal. The decision was made by Rajasthan Mines Directorate.

Mangalam Cement's shares surged by 12.65% on April 8, 2026, bucking the trend of underperforming cement sector. Despite this positive momentum, the stock has demonstrated modest underperformance compared to its peers in the same sector.

Mangalam Cement has expanded its operations with the addition of a new 1.2 million tonnes per annum (mtpa) grinding unit in Aligarh, Uttar Pradesh. This expansion boosts their total grey cement capacity to 5.6 mtpa, enhancing market reach and logistics efficiency.