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

322.6500 2.80 (0.88%)

NSE May 19, 2025 13:42 PM

86.99% Gain from 52W Low

Volume: 247.3K

India Cements Ltd.

08 Nov 2022

322.65

0.88%

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.

India Cements Ltd. is trading above its 150 day SMA of 322.3