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

391.0000 -7.70 (-1.93%)

NSE Sep 22, 2025 15:31 PM

63.70% Gain from 52W Low

Volume: 954.6K

India Cements Ltd.

08 Nov 2022

391.00

-1.93%

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.

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