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Bamburi Cement Ltd (NSE: BAMB)

Nigel Firth
Nigel Frith trader
Updated 28 May 2024

What is Bamburi Cement Ltd

Bamburi Cement Ltd is a company based in Kenya involved in the manufacture and sale of cement and cement-related products. It also owns and manages a nature and environmental park developed from rehabilitated quarries.

Bamburi Cement Ltd is a subsidiary of Holcim, the global leader in innovative and sustainable building solutions. The company’s subsidiaries include Bamburi Special Products Ltd, which manufactures concrete paving blocks and other cement products under the brand name BamburiBlox, and Lafarge Eco Systems Ltd, which controls the mining reserve lands and rehabilitates its quarries.

In addition, its other subsidiaries include Bamburi Cement Ltd, Uganda, HimCem Holdings Limited, Diani Estate Limited, Kenya Cement Marketing Ltd, Portland Mines Limited and Seruji Management Limited.

Bamburi Cement Ltd is the leading cement manufacturing and marketing company in the Eastern Africa region, serving the needs of diverse construction customers.

The company exports its products to Reunion, Uganda and Mayotle.

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Bamburi Cement Ltd

The history of Bamburi Cement Ltd dates back to 1951 when the company was founded by Felix Mandl as a partnership between Cemetia Holding and Blue Circle in British Kenya. It started with production in 1954.

The company’s operations in Kenya include two cement plants in Mombasa and Athiriver, and concrete manufacturing (precast and readymix concrete) plants in Nairobi (Industrial Area, Athiriver and Two Rivers) and Mombasa.

Today, Bamburi Cement Ltd has a diversified portfolio in more sectors of the value chain and renders the following services, namely brands in its retail range which include Powermax, Powercrete, Nguvu, Supaset, Multipurpose, Powerplus and Roadcem. Pre-cast concrete paving blocks sold under the BamburiBlox name.

It also supplies precast moulded cement products used for drainage, edge constraints, fencing and walling and ready-mix cement. Bamburi Cement Ltd offers its service to rehabilitate quarries and owns and maintains a nature and environmental park developed from a rehabilitated quarry.

Bamburi Cement

Bamburi Cement Ltd ‘s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol BAMB.

Bamburi Cement Ltd has its headquarters in Nairobi.

Bamburi Cement Ltd forms part of the Construction – Raw Materials Industry and the Industrials Sector.

Bamburi Cement Ltd Stock Performance

The current price for Bamburi Cement Ltd stocks is 35.55 Kenyan Shilling (KES). The company has a total market capitalisation of 12.9B KES with a P/E ratio of 12.30 and earnings per share of 2.89 KES. A total of 363M shares are outstanding.

With an increase of earnings per share and consistent profits over a period, investors who want to buy or sell Bamburi Cement Ltd stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of Bamburi Cement Ltd, analysts forecast further improved performance with market share growing as trading volumes increase.

Highlights of Bamburi Cement Ltd in 2021

Bamburi Cement Ltd started the year with a share price of 37.85 KES, but it has since lost 6.08% in value on its price valuation, ranking 39th on the NSE where year-to-date performance is concerned.

Bamburi Cement Ltd is currently the 14th most-traded stock on the NSE and it has experienced a total trading volume of more than 7.41 million shares, which were finalized in 924 deals and were valued at a total of 285 million KES over three months, with an average of 117,605 shares in each trading session.

The highest volume shares traded on one single day was 3.28 million.

Bamburi Cement - How To Trade

How to buy Bamburi Cement Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participation daily. To buy, sell or trade Bamburi Cement Ltd stocks, traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “BAMB”.
  2. Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

FAQs

The Nairobi Securities Exchange (NSE), was established in 1954 as Nairobi Stock Exchange, and is the leading stock exchange in East Africa. It offers world class trading facilities for both its local and foreign investors looking to gain exposure to the country’s rising economy.

The exchange is based in Nairobi, the capital of Kenya, which has one of the fastest-growing economies in Sub-Saharan Africa. The NSE operates under the jurisdiction of the Capital Markets Authority of Kenya. It is governed by a board of 11 directors.

In 2008, the NSE launched the NSE All-Share Index (NASI). The NASI is a market capitalization-weighted index comprising all listed securities, effectively, the benchmark index for the Kenyan stock market.

In 2011, in conjunction with FTSE International, the NSE introduced the FTSE NSE Kenya 15 and FTSE NSE Kenya 25 indices which are designed for the creation of index tracking funds and derivative products. The NSE 25 Share Index measures the top 25 companies.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.