Stock to buy today: India Cements (₹210.80)

The Chabahar port is proving to be useful as a politically unstable and economically-weak Pakistan has been refusing Indian aid trucks to cross its territory into Afghanistan

India cements relations with Afghanistan by routing food aid through Iran

India Cements Q4 Results Review - A Hat-trick Of EBITDA Loss: ICICI Securities

India Cements Q4 Results Review - A Hat-Trick Of EBITDA Loss: ICICI Securities

Indicating this, N. Srinivasan, Vice-Chairman and Managing Director, said the sale could fetch the company around Rs. 1,2000.

India Cements to part-sell land to beef up short-term liquidity

The company also had a write off of one-time impairment of certain investments and advances to the tune of `114 crore which added to the loss.

India Cements’ loss widens to Rs 218 cr on higher cost, lower volumes | The Financial Express

Investments in AP Gas Power sinks India Cements’ Q4 net

India Cements’ Q4 net loss widens to ₹217 crore; plans to mobilise ₹1,200 crore through sale of land

The company’s Vice-Chairman and Managing Director N Srinivasan said they were looking at monetising about 1,000 acres of land parcel of the total 26,000 acres owned. “Last year’s sale (of cement) was not okay because we were hit by an extraordinary tsunami of increase in coal prices and pet coke, an…

India Cements on the ‘verge’ of monetising some assets: N Srinivasan

The India Cements Ltd., (ICL) reported standalone net loss for the quarter-ended March widened to ₹218 crore from ₹24 crore on account of price rise and write off of one-time impairment of certain investments and advances worth ₹114 crore.

India Cements Q4 standalone net loss widens to ₹218 crore on input costs, impairment charges

According to him, the company’s total debt stands at about Rs 2,900 crore.

India Cements On The ‘Verge’ Of Monetising Some Assets: N Srinivasan

This was compounded by one off charges on account of impairment of certain investments and advances amounting to about Rs 114 crore

India Cements to monetise about 1,000 acres land in TN, posts loss for FY24

India Cements Consolidated March 2023 Net Sales at Rs 1,485.73 crore, up 4.8% Y-o-Y

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The India Cements Limited is a cement company. The Company's brands include Sankar Super Power, Coromandel King and Raasi Gold.