India Cements Ltd.

NSE: INDIACEM | BSE: 530005 | ISIN: INE383A01012 | Industry: Cement & Cement Products
| Expensive Rocket
381.7000 -9.30 (-2.38%)
NSE Sep 23, 2025 15:31 PM
Volume: 547.3K
 

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India Cements Ltd.
27 Jan 2021
381.70
-2.38%
Motilal Oswal
India Cements (ICEM)'s 3QFY21 EBITDA was 10% below estimate, weighed by a weaker sales mix. This is attributable to higher selling in non-trade and faraway markets in the East and Central regions of India to offset weak demand in its core market in South. We reduce our FY21/FY22E EPS by 14%/7% as the company has guided for the continuation of this strategy to support utilization which would lower average realization and increase freight cost. Maintain Neutral....
India Cements Ltd. is trading above its 200 day SMA of 330.3
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