464.80 -1.70 (-0.36%)
NSE Aug 13, 2020 15:31
Volume: 7,271
 

Sagar Cements Ltd.    
31 Jul 2020
464.80
-0.36%
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...
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Promoters pledge reduced to 6.66% of holdings in Jun 2020 qtr.
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