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

India Cements Ltd.

NSE: INDIACEM | BSE: 530005 | ISIN: INE383A01012 | Industry: Cement & Cement Products
| Expensive Performer

344.6500 -3.15 (-0.91%)

NSE Jul 16, 2025 15:31 PM

44.30% Gain from 52W Low

Volume: 175.3K

India Cements Ltd.

15 Aug 2022

344.65

-0.91%

Cost pressures hit unit profitability

Sell: India Cements Ltd.

Recommendation Target

ICICI Securities Limited

India Cements’ (ICEM) Q1FY23 EBITDA at Rs0.4bn (down 77% YoY) was below our / consensus estimates due to hit from higher input costs.

India Cements Ltd. has an average target of 240.00 from 1 broker.