India Cements Share Price

India Cements Limited Stock Trends in 2018

1. The share price at the beginning of January 2018 was Rs.183 and reached its 52-week high by the middle of the month, priced at Rs.202. However, in the second half of the month, the price of the stock dipped and closed at Rs.169.
2. In February, the share price opened at Rs.168 and dipped to Rs.159 by the middle of the month. Due to market fluctuations, the price of the stock ended at Rs.156.
3. In the month of April, the stock was priced at Rs.142 and increased to Rs.153 by the middle of the month. However, in the second half of April, the share price fluctuated to a great extent dipping down to Rs.138 but increasing to Rs.142 at the end of the month.
4. The price of stock in June opened at Rs.130 and decreased throughout the month. By the middle of the month, the share price had dipped to Rs.115. In the second half of the month, the share price dropped to 109 and finally closed at Rs.104.
5. The beginning of July was not beneficial for investors as the stock opened at a price of Rs.105 and had dipped to Rs.99 by the middle of the month. However, in the last week of the month, the price had increased and closed at Rs.117.
6. In August, the price of the stock opened at Rs.117 and dipped to Rs.109 by the middle of the month. However, in the second half of the month, the price increased to Rs.121, closing at Rs.126.
7. The share price at the beginning of September was Rs.126 and fluctuated through the month. The company offered a final dividend of 8% in the middle of the month. In the second half of the month, the share price dipped, closing at Rs.105.
8. In October, the price of the stock decreased throughout the month. The stock opened at Rs.101 and plummeted to Rs.95 by the middle of the month. The share hit its 52-week low at Rs.81 in the second half of the month and closed at Rs.89.
9. The price of the stock opened the month of November at Rs.90 and was steady throughout the month. By the middle of the month, the share price was Rs.91 and closed at Rs.90.

India Cements Limited Stock Trends in 2016 and 2017

1. In January 2016, the share price opened at Rs.97 and decreased to Rs.83 by the middle of the month. The stock closed at Rs.88. The stock price at the beginning of February was Rs.94 and decreased through the month. The share price reached a 52-week low at Rs.67 and closing at the same price.
2. The share price in March opened at Rs.67 and increased throughout the month due to market trends. The stock price by the end of March was Rs.86. In April, the price of the stock opened at Rs.85 and crossed the Rs.90 mark by the middle of the month. However, the stock closed the month at Rs.87.
3. In the month of May, the share price opened at Rs.88 and was steady till the middle of the month. In the second half of the month, the price decreased and increased finally closing at Rs.94. The price of the stock was Rs.94 at the beginning of June and crossed the Rs.100 mark by the middle of the month. The share price closed at Rs.112.
4. The second half of 2016 was beneficial for the investors due to the performance of the stock market. In July, the share price opened at Rs.113 and gradually increased to Rs.123 by the end of the month. For the month of August, the stock opened at Rs.124 in the beginning. The company offered a final dividend of 10%. The price of the stock increased and closed at Rs.152.
5. At the beginning of September, the share price was Rs.145 and hit the Rs.150 mark by the middle of the month. The stock decreased and closed the month at Rs.138. In October, the stock was steady through the month opening at Rs.145 and closing at Rs.158. In November, the price plummetted drastically, opening at Rs.159 and closing at Rs.118.
6. In the month of December, the share price opened at Rs.120 and closed at Rs.112. The stock price at the beginning of January 2017 was Rs.118 and increased through the month. By the middle of the month, the price crossed the Rs.130 mark and closed at Rs.146. In February, the price of the stock opened at Rs.146 and increased through the month, closing at Rs.164.
7. For the month of March, the price of the stock fluctuated throughout the month and opened at Rs.170 and by the end of the month, the price was Rs.161. The stock price at the beginning of April was Rs.166 and was steady till the middle of the month. In the second half of the month, the price increased and closed at Rs.214.
8. In May, the share price opened at a price of Rs.217. The stock reached Rs.223 by the middle of the month marking the 52-week high for the year. However, in the second half of the month, the price dipped to Rs.182 and closed at Rs.205. In June, the price opened at Rs.205 and crossed the Rs.220 mark by midmonth. The price dipped and closed at Rs.198.
9. For the month of July, the stock price was Rs.198 at the beginning of the month and increased to Rs.213. However, at the end of the month, the price closed at Rs.202. In August, due to the fluctuations of the stock market, the share price started at Rs.205 and reached Rs.180, closing at Rs.174. The share price opened at Rs.178 in September and increased by midmonth. However, the price fell and closed at Rs.171.
10. In October, the price of the stock opened at Rs.174 and crossed the Rs.180 mark by midmonth. The share price increased and closed at Rs.194. For the month of November, the price opened at Rs.195 and dipped to Rs.170 in the first half of the month. The stock price closed at Rs.175. In December, the share price opened at Rs.173 and ended the year and month at Rs.179.

Should you invest in India Cements Limited Shares?

1. India Cements Limited is among the largest manufacturers of cement in the country.
2. According to the annual report released by India Cements Limited, the company has reported a YoY increase in total assets. From Rs.10,645.27 crore in FY 2017, it has increased to Rs.10,725.58 crore at the end of FY 2018.
3. The total current assets of the company also showed a YoY increase. Compared to Rs.1698.59 crore in FY 2017, the value at the end of FY 2018 increased to Rs.1759.60.
4. The total equity of the company also increased YoY to Rs.5200.33 crore in FY 2018 from Rs.5109.90 crore at the end of FY 2017.
5. The total non-current liabilities of the company increased to a great extent YoY from Rs.3224.02 crore in FY 2017 to Rs.3642.29 crore at the end of FY 2018.
6. Coming to revenue from operations, the company reported a decrease from Rs.5777.52 crore in FY 2017 to Rs.5340.71 crore at the end of FY 2018. Due to this, the total revenue of the company decreased YoY. At the end of FY 2018, the total revenue was Rs.5360.12 crore compared to Rs.5794.03 crore at the end of FY 2017.
7. The total expenses of the company showed a decrease YoY from Rs.5534.01 crore in FY 2017 to Rs.5244.01 crore in FY 2018.
8. In terms of profit, the company showed a drastic decrease in profit before tax deductions. In FY 2017, the profit before tax amounted to Rs.260.02 crore which decreased to Rs.116.11 crore at the end of FY 2018.
9. Due to this, the total comprehensive income of the company for the year decreased YoY. From Rs.167.87 crore in FY 2017 to Rs.106.91 crore at the end of FY 2018.
10. In the stock market, the company shares have been underperforming since the beginning of the FY 2018. Starting the FY 2018 with Rs.159 a share, the price has gone down to Rs.85 by the end of 2 quarters in the fiscal year.
11. However, investment on a long-term basis might be beneficial given the stock market trend. It is however very important to research thoroughly before investing in the share market.

Company Information

The India Cements Limited is among the leading cement manufacturing companies in the country. Established in 1946, the company is headquartered in Chennai, Tamil Nadu and is well established in the public sector and also in the construction industry.

The company has close to 10 integrated cement plants spread across Rajasthan, Tamil Nadu, and Andhra Pradesh. The grinding units owned by the company in Tamil Nadu and Maharashtra are capable of a capacity of 15.5 million tonnes of cement. The India Cements Limited owns brands like Sankar, Coromandel, and Raasi Gold.

History of the company

The India Cements Limited is among the oldest companies in the country set up in 1946. They set up their first plant in the year 1949.

The first two plants were set up by 1989 and had a capacity of 1.3 million tonnes. Now the company has 8 manufacturing plants and 2 grinding units in the country with a capacity of 15.5 million tonnes.

Apart from manufacturing of cement, the India Cements Limited has diversified to various fields like shipping, coal mining and also captive power.

Management of the company

Sri N. Srinivasan - Vice Chairman and Managing Director

Mr. N. Srinivasan is the Vice Chairman and Managing Director of India Cements Limited. He has played a key role in various mergers, acquisitions, and expansions of the company.

Having extensive knowledge in marketing, Mr. N. Srinivasan has contributed to a great extent in the growth and development in the market through the years. Previously, he has also served as the head of Cement Manufacturers' Association, Madras Chamber of Commerce and Industry and All India Organisation of Employers. He is also currently a member of the Executive Committee of Federation of India Chambers of Commerce and Industry (FICCI).

Ms. Rupa Gurunath - Whole Time Director

Ms. Rupa Gurunath serves the Whole Time Director of the India Cements Limited. She is the daughter of the Vice Chairman and Managing Director, Mr. N. Srinivasan. She has a P.G. Diploma in Computer Science and is a Science Graduate.

India Cements Limited listings in the NSE, BSE and Stock Market Indices:

The India Cements Limited is listed on the two major stock exchanges in the country - the National Stock Exchange and the Bombay Stock Exchange. The shares offered by the company are given to the general public for trading.

1. NSE Code - INDIACEMEQ
2. BSE Code - 530005
3. ISIN - INE383A01012
4. Sector - Cement

The stock market indices the company comprises of are as follows:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty-High Beta 50
4. Nifty MidSmallcap 400
5. Nifty Smallcap 100
6. Nifty Smallcap 250
7. Nifty Smallcap 50
8. S&P BSE 250 SmallCap Index
9. S&P BSE 400 MidSmallCap Index
10. S&P BSE 500
11. S&P BSE AllCap
12. S&P BSE Basic Materials
13. S&P BSE MidSmallCap
14. S&P BSE SmallCap
15. S&P BSE SmallCap Select Index

Registered Office:

Dhun Building, No: 827, 4th Floor, Mount Road, Anna Salai, Chennai - 600 002. Tamil Nadu, India

Phone Number - +91 44 2852 1526

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The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.