India Cements Capital Ltd. share price target and research reports

Name: Latest research reports of India Cements Capital Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: India Cements Capital Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for INDCEMCAP, BSE:511355 India Cements Capital Ltd.

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India Cements Capital Ltd.

14 Aug 2018

14.06

0.07%

India Cement

Buy: India Cements Capital Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research India Cements (ICL) reported mixed Q1FY19 results. Revenues increased 5.5% YoY to | 1,360.7 crore (vs. I-direct estimate: | 1,377 crore). Growth was mainly driven by sales volumes, which were up 15.8% YoY to 3.08MT. ICL achieved capacity utilisation of ~80%, which is far better given the south region has excess capacity However, the pricing environment remained weak due to low demand from retail and non-institutional segment. Also, costs like power (up...

India Cements Capital Ltd. is trading below all available SMAs

Is India Cements Capital Ltd. worth buying?

25 Votes:

Buy 56.0%

Sell 16.0%

Hold 28.0%