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India Cements News
Mid-Cap Picks with Anil Singhvi: Jay Thakkar recommends India Cements, Mayur Uniquoters and City Union Bank for good returns
Fri, Feb 12, 2021
Zee Business Managing Editor Anil Singhvi on Friday invited market expert Jay Thakkar on the popular Special Mid-Cap Stocks show and asked him to reveal stocks that could give good returns to investors.
India Cements Share Price: Morgan Stanley highlights what’s keeping this cement stock weak?
Tue, Dec 01, 2020
Central was stable while North/West saw correction in the range of Rs 2-5/bag while prices were weaker in South/East (down by Rs 5-10/bag). At an all India level (simple average of all regions), cement prices would be down by 1-1.5% on MoM basis. Assuming current prices continue, the Dec 20 quarter could see realization weakness of 1-2.5% QoQ across our coverage universe (lowest for Shree / Ultratech and highest for Dalmia Bharat).
India Cements Share Price: CLSA Highlights Improving outlook | ACC, Dalmia Bharat and Ultratech top picks
Wed, Nov 25, 2020
The demand outlook remains robust, with other pillars (infra and urban) picking up as rural demand normalises. Cost pressures (mainly power/fuel and freight) are rising but are likely to be partly offset by resilient prices. For FY21 CLSA expects a 7% YoY volume decline and a 14% YoY EBITDA/t increase for their coverage. ACC, Dalmia Bharat and Ultratech Cement are their top sector picks in cement space.
Stock Market Closing Bell Today: BSE Sensex rises 657 points, NSE Nifty soars 171 points; Axis Bank, India Cements shares gain
Thu, Sep 10, 2020
Stock Market Closing Bell Today: Following strong global sentiments throughout the intraday trade session, the Indian indices ended in the green zone after the closing bell today.
Earnings session: Check experts' view on these stocks
Wed, Aug 07, 2019
Earnings session:The stock market witnessed a massive fall in the last couple of sessions. Investors have lost crores of rupees. Here are experts view on these stocks.
Which cement stock you should buy? Pricing to GST rate cuts - Here's what CLSA says
Wed, May 29, 2019
Rating agency CLSA on Wednesday, stated that, cement stocks are up 10-30%YTD (vs +10% for Nifty) led by cement pricing rebound.
Top 5 stocks in focus on October 29: IBHFL, Cochin Shipyard to NTPC, here are the 5 newsmakers of the day
Mon, Oct 29, 2018
Certain stocks that came in news post market hours and can have an impact on the market when it reopens for trade on October 29, 2018.
India Cements enters into share purchase agreement for acquiring Springway Mining
Sun, Oct 28, 2018
India Cements Ltd said Sunday it has agreed to acquire Springway Mining at a total consideration of Rs 182.89 crore to set up a cement plant in Madhya Pradesh.
India Cements Q1 net profit falls 20 pc to Rs 21 cr
Sat, Aug 11, 2018
Net income declined to Rs 1,366.17 crore during April-June quarter of 2018-19 fiscal from Rs 1,466.75 crore in the year-ago period. Expenses, however, remained lower at Rs 1,339.48 crore as against Rs 1,426.32 crore in the said period.
India Cements' third quarter net profit at Rs 15.24 crore
Fri, Feb 09, 2018
For the nine month ending December 31, 2017, net profits of the Chennai-based company stood at Rs 65.35 crore as against Rs 141.73 crore registered during a year ago period
India Cement's Q2 net profit rises by 62% to Rs 62 crore
Sat, Nov 19, 2016
Cement manufacturer - India Cements reported net profit of Rs 62.41 crore for the second quarter September 30, 2016, registering growth of 62.10% year-on-year (yoy) and 41.90% quarter-on-quarter (qoq).
India Cements net profit rises 16% in Q1; Shares up by 5%
Thu, Aug 18, 2016
The company's operating profit was at Rs 204.61 crore, rising by 2.08% year-on-year (yoy). It's operating profit (OPM) margin was at 16.96%, expanding by 62 basis points yoy.