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NCL Industries share price falls 6% on weak production data

The cement dispatches declined 22 percent at 4,30,861 MT against 5,52,395 MT, YoY.

January 08, 2020 / 09:52 IST
     
     
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    NCL Industries share price fell 6 percent in the early trade on January 8 after the company reported poor production numbers in the month of December 2019.

    The company has reported a 23 percent fall in cement production at 4,23,199 MT in the quarter ended December 2019 against 5,52,019 MT in the same quarter last year.

    Also, the cement dispatches declined 22 percent at 4,30,861 MT against 5,52,395 MT, YoY.

    Its cement board production was up 8 percent at 19,091 MT, while cement board dispatches was down 10 percent at 14,967 MT.

    At 09:36 hrs, NCL Industries was quoting at Rs 95, down Rs 3.85, or 3.89 percent on the BSE.

    Moneycontrol News
    first published: Jan 8, 2020 09:52 am

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