Name: Latest research reports of Sagar Cements Ltd. authored by Yes Securities and published by - Trendlyne research reports.
Item: Sagar Cements Ltd.
Rating: 5
Author: Yes Securities

Sagar Cement

Buy: Sagar Cements Ltd.

Target

Yes Securities

Volume degrowth of SGC at 32% y/y was inline with industrydemanddegrowth.Consolidatedvolumesforthe quarterwas0.56MT.AccordinglynetsalesofRs2,641mn witnessed a decline of 23.3% y/y. Green shoots were particularly visible in rural segment demand and Government orders in Andhra during Q1 both are expectedtosustaingoingaheadaswell. EBITDA/te for Q1FY21 stood at Rs 1,568 (+64%...