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29 Sep, 2008

India Cements Sept qtr PAT seen at Rs 155.2 cr: M Oswal

Motilal Oswal has come out with its earning estimates on cement sector for the quarter ended September 2008. According to the report, India Cements revenues are expected to go up 19.8% at Rs 9,119 million versus Rs 7,612 million, YoY.


Source: Moneycontrol.com

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27 Sep, 2008

Reduce India Cements, target of Rs 122: IIFL

IIFL has recommended a reduce rating on India Cements with a 12 month target of Rs 122 in its September 26, 2008 research report.


Source: Moneycontrol.com

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26 Sep, 2008

India Cements an outperformer: Macquarie

Macquarie Research has upgraded its rating on India Cements to outperformer with a target of Rs 162, reports CNBCTV18.


Source: Moneycontrol.com

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26 Sep, 2008

Sell India Cements on rallies: VK Sharma

VK Sharma of Anagram Stock Broking is of the view that one can sell India Cements on rallies as the cycle is turned down and therefore with additional capacity coming up and the economy also going into a slowdown, he doesn't see the sector doing well at all in the next one or one and half years.


Source: Moneycontrol.com

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26 Sep, 2008

Hold India Cements, says Mathew

Technical Analyst, E Mathew is of the view that one should hold India Cements. It has very strong support around about the Rs 128 zone and the big move in the stock would really come once it's able to convincingly move above Rs 144 mark, which is actually a small resistance, and the major resistance is Rs 149 to Rs 150.


Source: Moneycontrol.com

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04 Sep, 2008

India Cements a market performer: HDFC Securities

HDFC Securities has maintained its marker performer rating on India Cements with a target price of Rs 147. At the current market price of Rs 142.6, the stock trades at a P/E of 6.8x FY09E and 8.1x FY10E.


Source: Moneycontrol.com

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30 Jul, 2008

India Cements net profit at Rs 142 cr

India Cements has announced its first quarter results. The company Q1standalone net profit was down at Rs 142 crore versus Rs 183.4 crore.


Source: Moneycontrol.com

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16 Jul, 2008

India Cement Jun '08 qtr EBIDTA seen at Rs 269.57 cr: Karvy

Karvy Stock Broking has come out with its earning estimates on cement sector for the quarter ended June 2008. The company's EBIDTA is seen up 2% at Rs 2,695.7 million (Rs 269.57 crore) on YoY basis.


Source: Moneycontrol.com

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03 Jul, 2008

India Cement an under performer: Prabhudas Lilladher

Prabhudas Lilladher research has maintained under performer rating on India Cement with target price of Rs 117. The stock currently trades at a P/E of 7.9x and 8.7x FY09E and FY10E respectively


Source: Moneycontrol.com

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03 Jul, 2008

Buy India cement, tgt Rs 200: Motial Oswal

Motilal Oswal research has maintianed buy rating on India Cement with target price of Rs 200. Valuations of 5.9x FY09E EPS (fully diluted, but including treasury stock) and 4.4x FY09E EBITDA are attractive.


Source: Moneycontrol.com

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