Name: Latest research reports of Heidelberg Cement India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Heidelberg Cement India Ltd.
Rating: 3
Author: ICICI Securities Limited

Heidelberg Cement India Ltd.

NSE: HEIDELBERG | BSE: 500292 | ISIN: INE578A01017 | Industry: Cement & Cement Products
| Mid-range Performer

210.8000 -2.10 (-0.99%)

NSE Aug 01, 2025 15:31 PM

Volume: 197.2K

Heidelberg Cement India Ltd.

19 Oct 2022

210.80

-0.99%

Volumes disappoint, again

Hold: Heidelberg Cement India Ltd.

Target

ICICI Securities Limited

HeidelbergCement India’s (HEIM) Q2FY23 EBITDA of Rs476mn (down 59% YoY) was below our / consensus estimates owing to lower-than-expected volumes.

Heidelberg Cement India Ltd. is trading below its 30 day SMA of 210.9