India Cements Ltd share price logo

India Cements Ltd (INDIACEM)

₹220.610.37%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on India Cements Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.20K Cr → 1.30K Cr (in ₹), with an average increase of 7.9% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 49.05% to 49.84% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 49.5% return, outperforming this stock by 50.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 28.42% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Ambuja Cements Ltd has given 98.4% return, outperforming this stock by 85.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 0.67 Cr → -60.55 Cr (in ₹), with an average decrease of 9137.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 13.58% to 13.27% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.14% to 4.67% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, INDIACEM stock has moved down by -14.8%

Performance

  • Day's Low

    Day's High

    ₹218.65
    ₹223.39
  • 52 Week's Low

    52 Week's High

    ₹172.55
    ₹277
1 Month Return+ 3.47 %
3 Month Return+ 8.38 %
1 Year Return-0.78 %
Previous Close₹221.42
Open₹222.00
Volume16.63L
Upper Circuit-
Lower Circuit-
Market Cap₹6,861.74Cr

Analyst Rating

based on 6 analysts

SELL
0.00%
Buy
16.67%
Hold
83.33%
Sell

Based on 6 analysts offering long term price targets for India Cements Ltd. An average target of ₹161.17

Source: S&P Global Market Intelligence

Company Information

India Cements Ltd is the largest producer of cement in South India, with a market share of 28% and over 10,000 stockists. Established in 1946, the company operates multiple plants across Tamil Nadu and Andhra Pradesh, producing a range of popular brands, as well as ready-mix concrete (RMC). Over the years, there have been a number of expansions and mergers, with subsidiaries including Industrial Chemicals and Monomers Ltd, ICL Financial Services Ltd, ICL Securities Ltd, ICL International Ltd, Trinetra Cement Ltd, Visaka Cement Industry Ltd and Raasi Cement Ltd. Power generation capacity has been increased through the installation of the Unique Waste Heat Recovery System for generation of power from waste gas, and a gas based captive power plant. Land purchase activities and other preparations have started for setting up a cement plant in the State of Madhya Pradesh. The company has also sold an aircraft and is in the process of buying another one. Additionally, the company has mined and sold a total of 299925 Tonnes of coal during the 2017-19 period, with 103398 Tonnes being sold to them.

Share Price: ₹220.61 per share as on 18 Jun, 2024 04:01 PM
Market Capitalisation: ₹6,861.74Cr as of today
Revenue: ₹1,266.65Cr as on March 2024 (Q1 24)
Net Profit: ₹-50.06Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: N Srinivasan (F&R)
OrganisationIndia Cements Ltd
HeadquartersChennai
IndustryCement
E-voting on sharesClick here to vote

Key events for India Cements Ltd

  • India Cements Ltd's Valuation Compared to Penna Cement - 18 Jun, 2024

    India Cements Ltd is being compared to Penna Cement, which has an enterprise value of ₹10,422 crore. Analysts have a sell rating on India Cements stock, and the acquisition of Penna by Ambuja may also be expensive for portfolio investors. Penna's capacity utilization dropped to 25% in FY24 from 65% in FY22.

  • India Cements Ltd under F&O Trade Ban - 13 Jun, 2024

    India Cements is one of the five stocks under an F&O trade ban on Thursday as its Future & Options contracts have entered the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL.

  • India Cements May Enter Ban List - 07 Jun, 2024

    India Cements Ltd's stock is at risk of entering the ban list as it approaches 95% Market Wide Position Limit (MWPL).

  • India Cements May Enter F&O Ban List - 06 Jun, 2024

    India Cements is nearing the 95% market-wide position limit and may enter the F&O ban list. The stock has fallen 3.41% over the last month and is trading below its moving averages.

  • India Cements Plans Capex of Rs 700 Crore - 29 May, 2024

    India Cements proposes a capex of about ₹700 crore over the next two years, with about ₹500 crore dedicated to enhancing operational efficiency in its manufacturing operations. The remaining budget will be for normal capex of ₹100 crore per annum.

  • India Cements FY2024 Earnings Miss Expectations - 22 May, 2024

    India Cements reported a net loss of ₹2.27b in FY2024, with revenue down 7.7% YoY to ₹51.8b. Revenue and earnings per share missed analyst estimates by 9.5% and 93%, respectively. Looking ahead, the company forecasts an average annual revenue growth rate of 7.4% over the next two years.

  • India Cements Reports Narrowing Net Loss in Q4 - 21 May, 2024

    India Cements Ltd reported a narrowing of its consolidated net loss to Rs 50.06 crore in Q4 FY2024, helped by improved sales volume. The company's revenue from operations fell 15% YoY to Rs 1,266.65 crore. For the full fiscal year, revenue from operations fell 9% to Rs 5,112 crore while total income declined 8% to Rs 5,177 crore. Brokerages have their eye on India Cements following the release of its Q4 results.

  • India Cements Reports Narrowing Net Loss in Q4 FY24 - 20 May, 2024

    India Cements reported a consolidated net loss of Rs 50.06 crore in Q4 FY24, with revenue from operations falling by 14.7%. However, the company made a cash profit of Rs 24 crore despite lower cement prices. The outlook is positive due to continued infrastructure spending by the government and private sector housing and commercial segments.

India Cements Ltd Valuation

India Cements Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-57.30x)

June 21, 2023

Today (-30.17x)

June 14, 2024

Industry (72.10x)

June 14, 2024

Highest (513.00x)

June 30, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
Kotak Equity Arbitrage Fund Direct GrowthKotak Equity Arbitrage Fund Direct Growth0.08%
Invesco India Arbitrage Fund Direct Plan Growth OptionInvesco India Arbitrage Fund Direct Plan Growth Option0.22%
ICICI Prudential Equity Arbitrage Fund Direct Plan GrowthICICI Prudential Equity Arbitrage Fund Direct Plan Growth0.16%
Nippon India Arbitrage Fund Direct Plan GrowthNippon India Arbitrage Fund Direct Plan Growth0.19%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth0.08%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy India Cements Ltd shares.

India Cements Ltd (INDIACEM) share price today is ₹220.61

India Cements Ltd is listed on NSE

India Cements Ltd is listed on BSE

  • Today’s highest price of India Cements Ltd is ₹223.39.
  • Today’s lowest price of India Cements Ltd is ₹218.65.

PE Ratio of India Cements Ltd is -30.17

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 16.63L.

Today’s market capitalisation of India Cements Ltd(INDIACEM) is ₹6861.74Cr.

India Cements Ltd(INDIACEMPrice
52 Week High
₹277
52 Week Low
₹172.55

India Cements Ltd(INDIACEM) share price is ₹220.61. It is down -20.36% from its 52 Week High price of ₹277

India Cements Ltd(INDIACEM) share price is ₹220.61. It is up 27.85% from its 52 Week Low price of ₹172.55

India Cements Ltd(INDIACEMReturns
1 Day Returns
-0.81%
1 Month Returns
3.47%
3 Month Returns
8.38%
1 Year Returns
-0.78%