Shree Digvijay Cement Share Price Falls 5% After Clarification on Adani Group Buzz

Market Performance

The Indian stock market witnessed sharp movements in Shree Digvijay Cement share price on August 26, 2025. After an early surge fueled by takeover speculation, the stock slipped into the red, reflecting investor caution once the company issued an official clarification.

• At 10:30 am, shares were down 4.5% at ₹99.42 apiece
• The stock’s 52-week low stands at ₹63.55, while the 52-week high is ₹107.70
• The company’s market capitalisation is close to ₹1,500 crore

The fall came just a day after the stock had rallied nearly 10%, underscoring how quickly market sentiment can swing on reports and clarifications.

Main News: Clarification Triggers Sell-Off

The trigger for this volatility was a news report suggesting that the Adani Group was looking at acquiring Shree Digvijay Cement’s plant and port assets.

In response, the company filed an exchange update on August 25, stating:

“We wish to inform that the company is not aware about any such development, and we don’t comment on market speculations.”

This statement immediately cooled the buying frenzy, leading to profit-booking and a sharp 5% drop in the stock price on August 26.

Company Details and Industry Context

Shree Digvijay Cement, which sells products under the Kamal Cement brand, has been in the spotlight due to industry consolidation. Reports highlight that:

• True North, the private equity promoter of Shree Digvijay Cement, has been evaluating options for a complete exit.
• Industry consolidation led by UltraTech Cement and Ambuja Cement has triggered talks across the sector.
• Sources cited in reports indicate ongoing discussions with multiple cement players, including the Adani Group.

The potential deal value, if it materializes, is estimated in the range of ₹800–850 crore, although no official confirmation has been made.

Strategic Assets in Focus: Sikka Port & Plant

Much of the buzz revolves around the Sikka facility in Gujarat, which houses both cement manufacturing and a captive port.

Key details of the asset:

• The port can directly handle 3,000–5,000 DWT vessels
• Larger ships of up to 100,000 DWT can anchor offshore
• It supports coal imports, as well as cement and clinker exports
• Operates under a build-operate-maintain-transfer licence from the Gujarat Maritime Board

Government officials also confirmed that both Gautam Adani and Pranav Adani have visited Digvijaygram at Sikka, with Pranav Adani reportedly making multiple visits to the plant and port facilities.

Summary

• Shree Digvijay Cement share price dropped 5% on August 26 after the company denied knowledge of any Adani takeover plans.
• The stock, which had surged 10% earlier on the buzz, settled lower at ₹99.42.
• Reports suggest promoter True North is exploring a potential exit, with talks valued at ₹800–850 crore.
• The focus remains on the strategic Sikka port and cement plant, which have attracted interest from leading industry players.

The episode highlights how fast-moving stock market today narratives can shift, where a single clarification can erase big gains within hours.