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

288.6500 0.25 (0.09%)

NSE Apr 21, 2025 15:31 PM

25.03% Fall from 52W High

Volume: 382.3K

High vol. this week

India Cements Ltd.

08 Nov 2022

288.65

0.09%

Cost pressures cause a severe dent in margins

Sell: India Cements Ltd.

Target

ICICI Securities Limited

India Cements’ (ICEM) Q2FY23 EBITDA at Rs0.9bn (down 164% YoY) was way below our / consensus estimates due to hit from higher input costs.

Promoters have increased holdings from 55.49% to 81.49% in Mar 2025 qtr.