Star Cement Limited - Encouraging Volume Growth; Outlook Remains Positive
StarCement (SCL)reported robust Volume/Revenuegrowth of 46%/44% (above expectation)YoY in Q2FY23, driven by higher demand in its operating region.
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Cement (Q2FY23 Results Preview): Healthy offtake; costs to peak out in Q2
Healthy volumes; mixed pricing trend across regions: We estimate our coverage universe of 15 companies to deliver 8% YoY volume growth (three-year...
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Cement Q2fy23 Preview - Recovery on Cards Despite a Weak Quarter
Traditionally Q2 is a soft quarter for cement producers from a demand perspective as it nosedives owing to the monsoon season impacting...
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HSIE Results Daily: Gujarat Gas, Aditya Birla Capital, Brigade Enterprises
Margin beat was driven by lower-than-expected gas cost due to lower offtake of expensive spot LNG gas by industrial/commercial customers, lower...
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Star Cement Limited - Robust Performance Delivered
Star Cement (SCL) reported robust Volume/Revenue/EBITDA growth of 29%/30%/34% (above expectation) YoY in Q1FY23, driven by higher demand in its...
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