Page 5 - India Cements

India Cement, ACC: Breakout in cement stocks signal up to 11% rise

Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.

Sensex ends 612pts higher; RIL, L&T shine; Metro Brands gains 17% from low

Buying was seen across the board; Micap and Smallcap indices finished with gains of 1.5 per cent each, overall breadth too was extremely positive

India Cements surges 9% as RK Damani & family increases stake to 22.76%

As on September 30, 2021, RK Damani, Gopikishan Shivkishan Damani and family collectively held 21.14 per cent stake in India Cements.

ACC, Grasim: Cement stocks have more steam left in the short-term

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here

India Cements Q2 net profit dips 57% to Rs 30 crore, revenue up 13%

Despite the spike in fuel and petroleum product prices, India Cements turned out a decent show as volumes rose in the extended marketing zones

At Rs 7,200 crore, Chennai Super Kings m-cap pips parent India Cements'

Inches close to becoming India's first sports unicorn

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

Chennai Super Kings looks set to become India's first sports unicorn

May even overtake parent company India Cements' m-cap: Experts

This Radhakishan Damani-owned stock hits over 13-yr high on robust outlook

India Cements rallied 11 per cent to Rs 221.80 on the BSE today, trading at its highest level since February 2008

Hope to pay similar levels of debt paid last year, says India Cements

India Cements Ltd has said it hopes to pay similar levels of debt it had paid last year due to the impact of the Covid-19 pandemic.

India Cements posts 121% rise in Q1 net profit, revenue jumps 37%

The company's cement production saw an increase of 41 per cent during the Q1FY22 to 1.88 million tons, as against 1.34 million tonnes during the same period last year

Came out of Covid unscathed; see huge growth potential: India Cements MD

Vice-chairman and managing director N Srinivasan, in an interview with Shine Jacob, talks about his company's limestone reserves, the controversies involving Chennai Super Kings, and more

India Cements posts Rs 43.97 crore net profit in fourth quarter

This came on the back of strong sales.

India Cements reports Rs 62 crore in profit for December quarter

India Cements Ltd clocked standalone net profits at Rs 62.02 crore for the quarter ending December 31, 2020, the company said on Wednesday. The city-based noted industrialist N Srinivasan-led company had registered Rs 5.37 crore as net loss during corresponding quarter previous year. For the nine month period ending December 31, 2020 standalone net profits surged to Rs 150.41 crore as against Rs 75.56 crore registered a year ago. For the year ending March 31, 2020, the company had clocked standalone net loss at Rs 35.51 crore. Total income on a standalone basis stood at Rs 1,162.91 crore for the quarter under review as against Rs 1,194.42 crore recorded corresponding quarter last fiscal. For the nine month period ending December 31,2020 standalone total income slipped to Rs 2,998.68 crore from Rs 3,915.36 crore registered in the same period last year. For the year ending March 31,2020, standalone total income was at Rs 5,085.28 crore. The COVID-19 pandemic situation

The India Cements reports Q3 net profit at Rs 67.90 cr, revenue down 4.79%

The India Cements on Wednesday reported a consolidated net profit of Rs 67.90 crore for the third quarter ended December 2020. The company had posted a net loss of Rs 8.79 crore during the October-December quarter of the previous fiscal, The India Cements said in a regulatory filing. Its revenue from operations was down 4.79 per cent to Rs 1,184.68 crore during the quarter under review as against Rs 1,244.28 crore in the corresponding period of the previous fiscal. The India Cements' total expenses stood at Rs 1,093.05 crore in Q3/FY 2020-21, down 13.6 per cent as against Rs 1,265.13 crore. According to the company, the spread of COVID-19 has severely impacted businesses in India and abroad. In consequence of the lockdown, the operations of the company were shutdown during the last week of March 2020 and restarted in phases during April 2020. The pandemic situation has affected the normal business operations of the company and production, sales and profitability, inter alia, have

Damanis hike stake in India Cements in Q3 to 21%; stock jumps 6%

The Damani family have been steadily increasing their holding in India Cements

India Cements advances 13% on heavy volumes; stock hits 34-month high

A combined 14.4 million shares, representing nearly 5 per cent of the total equity of India Cements, had changed hands on the NSE and BSE till 01:55 pm

India Cements shares rally 16%, hit a 52-week high on heavy volumes

A combined 9.8 million shares, representing 3.2 per cent total equity of India Cements, changed hands on the NSE and BSE till 03:00 pm.

India Cements Q2 net at Rs 71.43 cr while revenue drops to Rs 1,069.72 cr

Cement prices which started improving from the month of April'20 sustained during the second quarter under review with only marginal aberrations in some of the southern states

India Cements re-appoints Rupa Gurunath as whole time director for 5 yrs

Gurunath holds chairmanships/directorships in Coromandel Travels Ltd, Coromandel Electric Company Ltd., ICL Shipping and India Cements Infrastructures Ltd