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Moneycontrol >> Messageboard >> Stocks >> Prism Cement
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Prism Cement

Belongs to: Cement - Major
BSE: 500338
NSE: PRISMCEM
20.05  -2.35 (-10.49)
Volume: 1919969
What is your trading strategy on Prism Cement?
  Buy     Sell     Hold     
Buy
 86%
Sell
 14%
Hold
 0%
Total no. of Votes : 7  
Buy, Sell or Hold? 16 comments
1 negative opinions
1 boarder queries
42 boarder tracking
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06 Jan 2009 22:12

is this rally help cement industry

Posted by : trulyfair
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
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Tracked by: 0 Boarder

The price is factoring in Insurance kicker..so hold for some time...

In reply to:

is this rally help cement industry

Posted by : CGRK

Net drops 51.85% in Dec`08 qtr
Prism Cement announced a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 51.85% to Rs 310.30 million from Rs 644.50 million in the same quarter previous year.
The company reported earnings of Rs 1.04 a share during the quarter, registering 51.85% decline over prior year period.

06 Jan 2009 22:09

Book profit

Posted by : vkeykey
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
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results not good. Sell and exit....

06 Jan 2009 21:24

valuable bet

Posted by : fatichiri
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
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Tracked by: 0 Boarder

at the premium of Rs.12 it is valuable stock...

06 Jan 2009 21:06

is this rally help cement industry

Posted by : CGRK
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
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Net drops 51.85% in Dec`08 qtr
Prism Cement announced a substantial drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 51.85% to Rs 310.30 million from Rs 644.50 million in the same quarter previous year.
The company reported earnings of Rs 1.04 a share during the quarter, registering 51.85% decline over prior year period.

...

In reply to:

is this rally help cement industry

Posted by : nkv

tomorrow is the results as per NSE site. At least it can up to 25 can expect or not ?

06 Jan 2009 19:03

Sell Prism Cement: Joshi

Posted by : Silent Don
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
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Sales were almost on the same level as in the corresponding quarter last year, however the realization of profits have reduced by half, due to the pressure on margins and price reduction due to demand slow down.

However, the market seems to have already discounted the earnings by forecast, looking at the current price, we can look forwrd to a price band of Rs 18/- to 25/- before the next good news, if any....

In reply to:

Sell Prism Cement: Joshi

Posted by : MMB Messenger

Sharmila Joshi, VP of Systematix Shares & Stocks is of the view that one can sell Prism Cement at this point of time. It is a north based company and there is a lot of the capacity addition is coming in the north, which is why the dispatches for the company as well fall off.

06 Jan 2009 19:03

Sell Prism Cement: Joshi

Posted by : MMB Messenger
Price when posted : BSE: Rs 22.40 ( 6.92 % ), NSE: Rs. 22.40 ( 6.92 % )
View full thread (2 messages)

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Sharmila Joshi, VP of Systematix Shares & Stocks is of the view that one can sell Prism Cement at this point of time. It is a north based company and there is a lot of the capacity addition is coming in the north, which is why the dispatches for the company as well fall off....

06 Jan 2009 12:25

BSE Announcements on Prism Cement

Posted by : MMB Messenger
Price when posted : [Prism Cement - BSE:Rs. 22.20 NSE:Rs. 22.15 when posted]
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Prism Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 06, 2009, inter alia, has approved change in the financial year of the Company from the 12 month period July 01, 2008 to June 30, 2009 to the 9 month period July 01, 2008 to March 31, 2009....

06 Jan 2009 12:24

BSE Announcements on Prism Cement

Posted by : MMB Messenger
Price when posted : [Prism Cement - BSE:Rs. 22.20 NSE:Rs. 22.15 when posted]
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Prism Cement Ltd has informed BSE about the Unaudited financial results for the Quarter ended December 31, 2008....

06 Jan 2009 12:07

NSE Announcements on Prism Cement

Posted by : MMB Messenger
Price when posted : [Prism Cement - BSE:Rs. 22.20 NSE:Rs. 22.15 when posted]
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Tracked by: 0 Boarder

Prism Cement Limited has informed the Exchange that the Board of Directors has, at its Meeting held on January 06, 2009, approved change in the financial year of the Company from the 12 months period July 01, 2008 to June 30, 2009 to the 9 months period July 01, 2008 to March 31, 2009....

06 Jan 2009 11:50

NSE Announcements on Prism Cement

Posted by : MMB Messenger
Price when posted : [Prism Cement - BSE:Rs. 22.20 NSE:Rs. 22.80 when posted]
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Tracked by: 0 Boarder

Prism Cement Limited has informed the Exchange regarding the standalone Results for the half year ended on 31-DEC-2008 as follows: Net Sales of Rs. 37750 lacs for half year ending on 31-DEC-2008. Net Profit / (Loss) of Rs. 4604 lacs for the half year ending on 31-DEC-2008....

06 Jan 2009 11:50

NSE Announcements on Prism Cement

Posted by : MMB Messenger
Price when posted : [Prism Cement - BSE:Rs. 22.20 NSE:Rs. 22.80 when posted]
View full thread (1 messages)

Tracked by: 0 Boarder

Prism Cement Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 21479 lacs for quarter ending on 31-DEC-2008 against Rs. 16271 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 3103 lacs for the quarter ending on 31-DEC-2008 against Rs. 1501 lacs for the quarter ending on 30-SEP-2008....

05 Jan 2009 17:24

is this rally help cement industry

Posted by : CGRK
Price when posted : BSE: Rs 20.95 ( 2.70 % ), NSE: Rs. 20.95 ( 3.20 % )
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Tracked by: 0 Boarder

Prism Cement performance in Q1 was just ok, but pathetic results in Q2. If the same Q2 trend to continue in Q3, then price plummet. Q3 turnaround is expected as per the present price movements, then it crosses 25.
Known Realtor Rajan Raheja promoted one of the fancied cement scrip. Promoter holding around 62% stake. ...

In reply to:

is this rally help cement industry

Posted by : nkv

tomorrow is the results as per NSE site. At least it can up to 25 can expect or not ?

05 Jan 2009 16:43

is this rally help cement industry

Posted by : nkv
Price when posted : BSE: Rs 20.95 ( 2.70 % ), NSE: Rs. 20.95 ( 3.20 % )
View full thread (6 messages)

Tracked by: 0 Boarder

tomorrow is the results as per NSE site. At least it can up to 25 can expect or not ?...

In reply to:

is this rally help cement industry

Posted by : CGRK

Do you have any info about Q3 results? Current fiscal year till Sept`08 worst performer among cement companies.... Rs 38.50 price is too high expectation in the present scenario
Posted pathetic financial results for the quarter ended September 08. Topline falling from Rs.193 crores to Rs.163 crores with EBIT falling to Rs.23.53 crores against Rs.67.76 crores QoQ. The dismal performance due to fall in realizations, rise in energy bills and aging plant.

03 Jan 2009 15:50

is this rally help cement industry

Posted by : CGRK
Price when posted : BSE: Rs 20.40 ( 5.70 % ), NSE: Rs. 20.30 ( 4.64 % )
View full thread (6 messages)

Tracked by: 0 Boarder

Do you have any info about Q3 results? Current fiscal year till Sept`08 worst performer among cement companies.... Rs 38.50 price is too high expectation in the present scenario
Posted pathetic financial results for the quarter ended September 08. Topline falling from Rs.193 crores to Rs.163 crores with EBIT falling to Rs.23.53 crores against Rs.67.76 crores QoQ. The dismal performance due to fall in realizations, rise in energy bills and aging plant. ...

In reply to:

is this rally help cement industry

Posted by : nkv

I am having 700 shares at 38.5. Is this rally help me to get that price to come out again ? or this package will help the cement industry to go up, because I am also having Gujarat Siddhie cement 1100 @ 17 when the rumour of anil ambani looking about the company i entered but not come out of it is this rally help in this also kindly advise me shall I go for average this stock ?

03 Jan 2009 14:53

is this rally help cement industry

Posted by : nkv
Price when posted : BSE: Rs 20.40 ( 5.70 % ), NSE: Rs. 20.30 ( 4.64 % )
View full thread (6 messages)

Tracked by: 0 Boarder

I am having 700 shares at 38.5. Is this rally help me to get that price to come out again ? or this package will help the cement industry to go up, because I am also having Gujarat Siddhie cement 1100 @ 17 when the rumour of anil ambani looking about the company i entered but not come out of it is this rally help in this also kindly advise me shall I go for average this stock ?...

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1 queries on Prism Cement

is this rally help cement industry - tomorrow is the results as per NSE site. At least...

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