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NSE Aug 13, 2020 15:31
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Sagar Cements Ltd.    
31 Jul 2020
Nirmal Bang Institutional
NBIE Values your patronage- Vote for The Team in the Asia Money poll 2020. Click Here Highest EBITDA/mt driven by better realization Sagar Cements Ltd (SGC) has reported the highest ever quarterly EBITDA/mt of Rs1,567, which was primarily driven by higher cement realization and controlled operating costs despite weak utilisations. Key surprise and driver of earnings was realization, which at Rs4,756/mt increased by 31.5% QoQ and 13.4% YoY. The management during the previous conference calls had mentioned that pricing in its markets is at decadal low and unsustainable and we believe that the industry has...
Promoters pledge reduced to 6.66% of holdings in Jun 2020 qtr.
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