NCL Industries Ltd. News and Updates

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

Keep track of all breaking news on NCL Industries Ltd. from all sources in a single place.

Load latest

NCL Industries Ltd.

13 Dec 2017

193.27

0.16%

NCL Industries Ltd

Buy: NCL Industries Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NCL Industries has raised | 201.8 crore via qualified institutional placement by issuing 85 lakh shares at a price of | 237.5 per share. The proceeds of the issue will be primarily used for pre-payment of debt and acquisition of additional limestone mines. The current debt of the company is roughly at | 304.2 crore. The proceeds from the QIP will help the company reduce its debt significantly. We expect debt to reduce by ~| 225 crore leading to a D/E of 0.1x in FY19E. Apart from strengthening the balance sheet, it will also...

NCL Industries Ltd. is trading below its 50 day SMA of 194.5

NCL Industries Ltd.

07 Dec 2017

193.27

0.16%

NCL Industries: QIP issue opens

Business Line

Shares of NCL Industries, earlier Nagarjuna Cement, will remain in focus on fund raising plans. The company's board on Thursday approved the opening of the qualified institutions placement (QIP)...

Promoters unpledged 0.37% of shares in last quarter. Total pledge stands at 17.93% of promoter holdings

NCL Industries Ltd.

28 Nov 2017

193.27

0.16%

Govt transfers NCL India shares worth Rs 39 cr to Bharat 22 ETF

Business Standard

After the transfer, the shareholding of the President is 84% of equity shares of the company

NCL Industries Ltd. is trading below its 50 day SMA of 194.5

NCL Industries Ltd.

08 Nov 2017

193.27

0.16%

NCL to set up unit for uPVC window near Hyderabad

Business Line

Forms joint venture with German firm

NCL Industries Ltd. is trading above its 30 day SMA of 189.7

NCL Industries Ltd.

05 Oct 2017

193.27

0.16%

NCL coal production up 17% at 43 mt in H1

Business Line

Northern Coalfields Ltd (NCL) has witnessed 17 per cent growth in coal production to 42.80 million tonnes during the first half of the current fiscal. Coal production during the same period in the...

Promoters unpledged 0.37% of shares in last quarter. Total pledge stands at 17.93% of promoter holdings

NCL Industries Ltd.

17 Aug 2017

193.27

0.16%

NCL Industries Ltd

Buy: NCL Industries Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research NCL Industries (NCL) reported a healthy set of Q1FY18 numbers. Revenues increased 17.9% YoY to | 196.6 crore mainly led by 19.7% YoY increase in cement revenues. We believe the increase in cement revenue was mainly due to price improvements in NCL's key markets EBITDA during the quarter increased 59.3% YoY to | 38.5 crore. On the margin front, EBITDA margins increased 509 bps YoY to 19.6% in Q1FY18 mainly led by a decline in freight cost (down 12.2% YoY)...

Promoters unpledged 0.37% of shares in last quarter. Total pledge stands at 17.93% of promoter holdings

NCL Industries Ltd.

20 Mar 2017

193.27

0.16%

NCL Industries Ltd

Buy: NCL Industries Ltd.

ICICI Securities Limited

NCL Industries Ltd. is trading above its 30 day SMA of 189.7

NCL Industries Ltd.

15 Mar 2017

193.27

0.16%

NCL Industries

Buy: NCL Industries Ltd.

Dolat Capital

NCL Industries operated at 75% capacity utilisation during Q3FY17, Government backed spending in the Irrigation and Housing space has been driving cement demand for NCL. The Polavaram Irrigation project is expected to generate demand of 2-3Mtpa of Cement over the next 2-3 Years. The Housing project in Telangana which kick started recently is set to bolster government demand for cement, it is expected to generate demand on the similar lines of Polavaram Irrigation Project. The government of Telangana has issued an order for procurement of cement at ` 230 per...

NCL Industries Ltd. is trading above its 30 day SMA of 189.7

NCL Industries Ltd.

27 Feb 2017

193.27

0.16%

NCL Industries Ltd.- Result Update - 27 February 2017

Buy: NCL Industries Ltd.

Way2Wealth

293.5 mn up 86% y/y mainly due to increase in freight cost. However, staff expenditure stood at `87.8 mn (+10.5% q/q; q; 29% y/y).Depreciation stood at `61.6mn (+3.4% y/y; -4% q/q).Interest...