Orient Cement News and Updates

Name: Latest research reports of Orient Cement Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Orient Cement Ltd.
Rating: 1
Author: ICICI Securities Limited

Keep track of all breaking news on Orient Cement from all sources in a single place.

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Orient Cement Ltd.

28 Oct 2024

125.81

-0.48%

Increased pace of capex will help achieve targeted growth: Adani Cement CEO

Business Standard

The pace of capex (capital expenditure) has increased, which will help Adani Cement "achieve targeted growth ahead of time", said Adani Group Cement Business CEO Ajay Kapur in an investors' call on Monday. The Adani group, which had last week announced the acquisition of Orient Cement, aims to have a manufacturing capacity of 140 million tonnes per annum (MTPA) by FY28. "Adani Cement will benefit from accelerated growth, lower costs and good synergies, all of which will contribute to leading the market and achieving sustainable performance in the near future. The pace of capex has increased, which will help to achieve targeted growth ahead of time," said Kapur. Ambuja Cement, part of Adani Group, which houses all cement assets, is a debt-free company and as of September 2024, cash and cash equivalent for the company was at Rs 10,135 crore, said Kapur. "During H1, approximately Rs 14,700 crore has been utilised, out of which Rs 12,350 crore has been spent on organic and inorganic ..

Orient Cement has lost -43.45% in the last 1 Year

Orient Cement Ltd.

22 Oct 2024

125.81

-0.48%

Gautam Adani's Ambuja expands empire with Rs 8,100 crore Orient Cement acquisition

Business Today

The deal values Orient Cement's operational and ready-to-implement capacity at $58 per tonne, significantly lower than the greenfield set-up cost of $110-120 per tonne. The operational capacity valuation is pegged at $113 per tonne.

Orient Cement has lost -43.45% in the last 1 Year

Orient Cement Ltd.

17 Oct 2024

125.81

-0.48%

Stock to buy today: Orient Cement (328.35): BUY

Business Line

Orient Cement share price can rise to 365-370

Number of FII/FPI investors decreased from 90 to 81 in Jun 2026 qtr

Orient Cement Ltd.

07 Aug 2024, 02:47PM

125.81

-0.48%

Orient Cement Q1 Results Review Capacity Expansion Delayed; Downgrade To Sell: Axis Securities

NDTV Profit

The brokerage expects the company to grow its volume/revenue/Ebitda/adjusted profit after tax at 5%/6%/18%/25% CAGR over FY23-FY26E.

Orient Cement has lost -43.45% in the last 1 Year

Orient Cement Ltd.

07 Aug 2024

125.81

-0.48%

Value (over volume) in focus amidst M&A buzz

Sell: Orient Cement Ltd.

Target

ICICI Securities Limited

Leading by example (for cement industry), Orient Cement (ORCMNT) prioritised value over volume in Q1FY25. While volume plunged 15% YoY, realisation stood flat QoQ.

Orient Cement Ltd. is trading below all available SMAs

Orient Cement Ltd.

07 Aug 2024

125.81

-0.48%

Result Update:Orient Cement

Sell: Orient Cement Ltd.

Recommendation Target

Axis Direct

We change our rating from HOLD to SELL on the stock.

Orient Cement has lost -43.45% in the last 1 Year

Orient Cement Ltd.

06 Aug 2024

125.81

-0.48%

Orient Cement Results Earnings Call for Q1FY25

Conference Call with Orient Cement Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.

audio

Orient Cement Ltd.

06 Aug 2024

125.81

-0.48%

Orient Cement (SELL): No major performance triggers; valuations stretched

Sell: Orient Cement Ltd.

Target

BOB Capital Markets Ltd.

Q1 reported revenue declined 16% YoY to Rs 1.35mn/t, impacted by ~15% YoY fall in volumes

Number of FII/FPI investors decreased from 90 to 81 in Jun 2026 qtr

Orient Cement Ltd.

31 Jul 2024

125.81

-0.48%

JSW Cement enters race to acquire promoter stake in Orient Cement

Business Standard

Aditya Birla and Adani groups have been aggressively acquiring cement firms to expand their manufacturing units, JSW has not also entered the race for the latest acquisition target