Orient Cement Ltd. share price target and research reports

Name: Latest research reports of Orient Cement Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Orient Cement Ltd.
Rating: 5
Author: HDFC Securities

Latest analyst research reports with target prices and PDF download for ORIENTCEM, BSE:535754 Orient Cement Ltd.

Orient Cement Ltd.

11 May 2015

219.32

0.22%

Orient Cement (4QFY15) : Strong quarter, preferred South play. Maintain BUY

Buy: Orient Cement Ltd.

HDFC Securities

Orient Cement (Orient) delivered a strong quarter with EBITDA/t at Rs 940 (vs est. 918), driven by strong pricing and freight rationalization. Realisations improved ~4.8% sequentially (Rs 3,913/t, inline). Volumes declined ~18% (0.99 mT), driven by weak demand. Operating costs contracted (Rs 2,974, -5.4% QoQ, 3.5% YoY) driven mainly by lower freight costs. Investment allowance on capitalized plant & machinery (Rs 919mn u/s 32 AC) allowed the co report a lower tax liability.

Promoters have increased holdings from 37.86% to 72.66% in Jun 2025 qtr.

Orient Cement Ltd.

25 Mar 2015

219.32

0.22%

Orient Cement (Update) : All set to deliver. Maintain BUY

Buy: Orient Cement Ltd.

HDFC Securities

We visited the Orient Cement 3 mTPA Chittapur plant (Gulbarga, Karnataka), currently under advanced stages of implementation. With key equipment largely commissioned or likely to be commissioned shortly, Orient is in great shape to start commercial operations from the plant.