The company reported standalone net profit of Rs 37.87 crore for the quarter ended June 30, 2020 as compared to Rs 33.06 crore in the same period last year, registering a..
Below is the Quote on 1QFY21 results of JK Lakshmi Cement Ltd by Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd.
“For Q1FY21 JK Lakshmi reported a 20..
Quarter exit EBITDA/te inching up YoY
EBITDA decline YoY during Q1FY21E for companies under our coverage would broadly be restricted to volume decline, despite high b..
Momentum Pick - Buy UltraTech Cement Ltd For Target Rs. 4342 - HDFC Securities
After showing a minor declines/sideways consolidation, the sto..
Momentum Pick - Buy Rain Industries Ltd For Target Rs. 105 - HDFC Securities
After showing a minor declines/sideways consolidation, the ..
* Volume de‐growth of SGC at 32% y/y was in‐line with industry demand de‐growth. Consolidated volumes for the quarter was 0.56 MT. Accordingly net sa..
Prices, retail sales hold up despite COVID
Despite the ongoing COVID situation, cement demand recovered MoM in June, driven by strong traction in retail sales (semi-ur..
High leverage remains key concern
India Cements’ (ICEM) Q4FY20 EBITDA sharply declined 59% YoY to Rs855mn, significantly below our/ consensus estimates owing to..
* The stock has generated a bullish Flag breakout signalling continuation of the up move and provides fresh entry opportunity for the next leg o..
Highlights from the Quarter (Q4 FY20):
* During Q4 FY20, the sales volume stood at 3.46 Lac Tonnes as against 4.00 Lac Tonnes in Q4 FY19 (-13.4%, YoY) and 3.22 Lac To..
The company reported standalone net profit of Rs 33.99 crore for the quarter ended June 30, 2020 as compared to Rs 24.46 crore in the same period last year, registering a..
Buy Ramco Cement Ltd @ 711.00-715.00 Target 790 SL 673
To Read Complete Report & Disclaimer Cl..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Buy Honeywell Automation India Ltd For Target Rs.36,310 - Yes Securities
RBI holds rates on inflation risk, but more easing seen
Dollar down with stimulus bill in focus - HDFC Securities
India VIX decreased by 1.77% to close at 23.15 touching an intraday high of 23.70 - Nirmal Bang
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