Birla Corporation Limited - Operating Performance Continues to Improve
EBITDA increased 15% YoY (below expectations) and APAT decreased 4% YoY (below expectations) due to lower realization, higher RM costs and higher...
350 Views
Cement: Demand stays strong; fuel costs cool off further
We expect industry volume to grow by ~9% YoY in FY24. We expect fuel prices to further correct by at least ~INR 100 per MT QoQ each in Q2/Q3FY24
212 Views
Cement - Q1FY24 Earnings Preview
TOP RESULT PICK: UltraTech Cement, Ambuja Cement, Dalmia Bharat, Birla Corporation, JK Lakshmi, Star Cement. After witnessing good volume growth in...
475 Views
Top Sector Ideas - Cement Sector
The companies under our coverage reported Volume/Revenue/EBITDA/APAT growth of +9%/+13%/-7%/- 19% YoY against expectation of +8%/+11%/0%/-17%.
286 Views
Pick of the Week: Birla Corporation Ltd- 29 May 2023
Birla Corporation Limited (BCL) – the flagship company of the M.P. Birla Group is involved in a core business activity of cement manufacturing.
297 Views