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

398.7000 -0.65 (-0.16%)

NSE Sep 19, 2025 15:31 PM

Near 52W High of ₹412.80

Volume: 290.9K

India Cements Ltd.

15 Aug 2022

398.70

-0.16%

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.

Number of FII/FPI investors increased from 169 to 177 in Jun 2025 qtr.