₹214▲1.33%
1.31%
Low
Day's Volatility:1.73%
High
0.42%
14.23%
Low
52 Weeks Volatility:43.67%
High
29.44%
Returns % | |
1 Month Return | -4.76 % |
3 Month Return | -12.47 % |
1 Year Return | + 11.83 % |
Market Stats | |
Previous Close | ₹₹211.20 |
Open | ₹₹211.20 |
Volume | ₹4.02L |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹6,545.03Cr |
based on 6 analysts
Based on 6 analysts offering long term price targets for India Cements Ltd. An average target of ₹168.33
Source: S&P Global Market Intelligence
Organisation | India Cements Ltd |
Headquarters | Chennai |
Industry | Cement |
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Key events for India Cements Ltd
According to industry experts, India Cement's plants are not great and the valuation it can command will not be high. Deals for cement companies are expected to happen between $80 to $90 per tonne of capacity.
UltraTech to Acquire Grinding Unit from India Cements - 22 Apr, 2024
India's largest cement producer, UltraTech Cement, has entered into an agreement with India Cements to acquire a 1.1 MTPA grinding unit in Parli, Maharashtra for Rs 315 crore.
UltraTech Acquires Grinding Unit from India Cements - 21 Apr, 2024
UltraTech Cement has acquired a grinding unit from India Cements for Rs 315 crore and will invest an additional Rs 504 crore to expand the capacity of two units. The unit being sold had a turnover of Rs 250.66 crore in FY23, and post this exit, India Cements will have about 13 million tonnes per annum capacity in the southern region and 1.8 million tonnes in Rajasthan.
India Cements Sells Grinding Unit to UltraTech Cement - 20 Apr, 2024
India Cements has sold its grinding unit with an installed capacity of 1.1 MTPA at Parli Vaijnath, Beed District, Maharashtra to UltraTech Cement for a total consideration of Rs. 315 crore.
India Cements Plans Bond Issue for Working Capital and Capex - 28 Mar, 2024
India Cements will issue bonds worth up to ₹750 crore to fund its working capital and capital expenditure requirements. The company's revenue fell by 3.8% in FY23, but analysts expect it to grow by 5.3% over the next year.
Fundamentals of India Cements Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 49.05% to 49.84% in Mar 2024 quarter
Profit Spike
Netprofit is up for the last 4 quarters, -226.9 Cr → 0.67 Cr (in ₹), with an average increase of 4073.2% per quarter
Price Rise
In the last 3 years, INDIACEM stock has moved up by 19.1%
Against Peers
In the last 1 year, Ambuja Cements Ltd has given 55.5% return, outperforming this stock by 43.7%
Against Peers
In the last 3 years, Ambuja Cements Ltd has given 96.6% return, outperforming this stock by 77.6%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 28.42% of holdings in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 13.58% to 13.27% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 5.14% to 4.67% in Mar 2024 quarter
Revenue Fall
Revenue is down for the last 5 quarters, 1.59K Cr → 1.20K Cr (in ₹), with an average decrease of 6.8% per quarter
India Cements Ltd in the last 5 years
Lowest (-57.30x)
June 21, 2023
Today (-16.46x)
May 17, 2024
Industry (63.23x)
May 17, 2024
Highest (513.00x)
June 30, 2020
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 28.42% | 0.00 | |
Foreign Institutions | 13.27% | 0.00 | |
Mutual Funds | 4.67% | 0.00 | |
Retail Investors | 49.84% | 0.00 | |
Others | 3.81% | 0.00 |
Technicals of India Cements Ltd share
News & Events of India Cements Ltd
India Cements Ltd (INDIACEM) share price today is ₹214
India Cements Ltd is listed on NSE
India Cements Ltd is listed on BSE
PE Ratio of India Cements Ltd is -16.46
PE ratio = India Cements Ltd Market price per share / India Cements Ltd Earnings per share
Today’s traded volume of India Cements Ltd(INDIACEM) is 4.02L.
Today’s market capitalisation of India Cements Ltd(INDIACEM) is ₹6545.03Cr.
India Cements Ltd(INDIACEM | Price |
---|---|
52 Week High | ₹277 |
52 Week Low | ₹183.55 |
India Cements Ltd(INDIACEM) share price is ₹214. It is down -22.74% from its 52 Week High price of ₹277
India Cements Ltd(INDIACEM) share price is ₹214. It is up 16.59% from its 52 Week Low price of ₹183.55
India Cements Ltd(INDIACEM | Returns |
---|---|
1 Day Returns | 2.8% |
1 Month Returns | -4.76% |
3 Month Returns | -12.47% |
1 Year Returns | 11.83% |