logo
India Cements Ltd.
21 Jan 2025
306.15
-4.21%
Motilal Oswal
India Cements (ICEM) reported an operating loss of INR1.9b (vs. estimated loss of INR854m) in 3QFY25. Sales volume increased ~5% YoY to 2.1mt (~2% below our estimate), while blended realization declined ~20% YoY to INR4,333 (~5% below our estimate).
India Cements Ltd.'s price crossed below 50Day SMA today
More from India Cements Ltd.
Recommended