INDIA CEMENTS Share Price Up by 11%; BSE 500 Index Down 0.7%
November 19, 2020 02:48 PM

INDIA CEMENTS share price has zoomed 11% and is presently trading at Rs 147.

Meanwhile, the BSE 500 Index is at 16,874 (down 0.7%).

Among the top Gainers in the BSE 500 Index today are INDIA CEMENTS (up 10.7%) and HEG (up 10.2%).

PIDILITE INDUSTRIES and JUBILANT LIFE SCIENCES are among the top losers today.

Over the last one year, INDIA CEMENTS has moved up from Rs 80 to Rs 147, registering a gain of Rs 67 (up 84.1%).

On the other hand, the BSE 500 has moved up from 15,341 to 16,874, registering a gain of 1,533 points (up 8.8%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 1044.7%), LAURUS LABS (up 298.2%) and DIXON TECHNOLOGIES (up 202.5%).

What About the Benchmark Indices?

The BSE Sensex is at 44,230 (down 0.9%).

The top gainers among the BSE Sensex stocks today are POWER GRID (up 3.3%), TITAN (up 2.3%) and ITC (up 2.3%). Other gainers include NTPC (up 2.0%) and TATA STEEL (up 1.5%). The most traded stocks in the BSE Sensex are ITC and NTPC.

In the meantime, NSE Nifty is at 12,963 (down 0.8%). The top gainers in the NSE Nifty include POWER GRID (up 3.1%), ITC (up 2.6%) and NTPC (up 2.1%). Other gainers include TITAN (up 2.1%) and TATA STEEL (up 1.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,284 to 44,230, registering a gain of 3,946 points (up 8.67%).

INDIA CEMENTS Financial Update...

INDIA CEMENTS net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 94 million a year ago. Net Sales declined 7.4% to Rs 11.5 billion during the period as against Rs 12.4 billion in January-March 2019.

For the year ended March 2018, INDIA CEMENTS reported 55.1% decrease in net profit to Rs 762.0 million compared to net profit of Rs 1.7 billion during FY17.

Revenue of the company grew 7.3% to Rs 54 billion during FY18.

The current Price to earnings ratio of INDIA CEMENTS, based on rolling 12 month earnings, stands at down 114.0x.