Shree Cement Limited - Encouraging Volume Growth; Maintain BUY!
The company’s capacityexpansion plan is progressing well and the said capacities would be operational in phases over FY24-FY25, which will drive...
291 Views
Cement (Q3FY23 Results Preview): Decent volume offtake, recovery in profitability
We estimate that our coverage universe of 15 companies will deliver 10/8% YoY/QoQ volume growth (three-year CAGR: +6%) in Q3FY23
291 Views
Cement Q3fy23 Preview - Cost Pressure to Ease, Demand Outlook Encouraging
Traditionally, H2 (second half of the year) stands out to be a favourable period for cement producers from a demand perspective as it revives after...
388 Views
Shree Cement Ltd - Key Takeaways from Shree Cement Limited Management Meet
Setting up of an Integrated Cement Plant at Gothra, Nawalgarh (Rajasthan) having a clinker capacity of 3.8 mtpa and cement capacity of 3.5 mtpa.
275 Views
Shree Cement - Cost Pressures and Weak Realization Hurt
We have kept our earnings estimates largely intact. Valuations, at 17.7x FY24E EV/EBITDA, appears rich considering the narrowing of cost benefits v...
117 Views