India Cements Capital Ltd. News and Updates

Name: Latest research reports of India Cements Capital Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: India Cements Capital Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on India Cements Capital Ltd. from all sources in a single place.

India Cements Capital Ltd.

14 Aug 2018, 12:00AM

17.96

-1.05%

India Cement

Buy: India Cements Capital Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research India Cements (ICL) reported mixed Q1FY19 results. Revenues increased 5.5% YoY to | 1,360.7 crore (vs. I-direct estimate: | 1,377 crore). Growth was mainly driven by sales volumes, which were up 15.8% YoY to 3.08MT. ICL achieved capacity utilisation of ~80%, which is far better given the south region has excess capacity However, the pricing environment remained weak due to low demand from retail and non-institutional segment. Also, costs like power (up...

India Cements Capital Ltd. has gained 22.18% in the last 3 Months

Is India Cements Capital Ltd. worth buying?

25 Votes:

Buy 56.0%

Sell 16.0%

Hold 28.0%

27.84% Fall from 52W High

India Cements Capital Ltd. News and Updates

Keep track of all breaking news on India Cements Capital Ltd. from all sources in a single place.