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Emkay Global Financial Services has come out with its March quarterly earning estimates for cement sector. According to the research firm Q4FY12 is expected to post healthy All India cement demand growth of ~9.6%% yoy (7.3% yoy for Emkay universe).
Shree Cement's profit after tax is expected to show a growth of 3.8 times to Rs 105.5 crore in the third quarter of FY12 as against Rs 27.5 crore in the corresponding quarter of last fiscal.
Angel Broking has come with its December quarterly earning estimates for cement sector.
Know Your Investment, helps investors take a prudent call on their investments. This week, Hemang Mamtora, Vice President- Equity Advisory Desk, Emkay Global Financial Services Ltd gives his take on various sectors and stocks.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended September 2011. According to the research firm, Shree Cements September quarter net sales are expected to go up by 6% at Rs 762.4 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on Cement sector for the quarter ended September 2011. According to the research firm, Shree Cement September quarter net revenue is expected to go up by 13.8% at Rs 816.9 crore, year-on-year, YoY basis.
Shree Cement is expected to report a fall of 21% in profits for the first quarter of FY12. During the period, profit after tax is likely to be at Rs 84 crore against Rs 105.9 crore in the corresponding quarter last fiscal.
Sharekhan has come out with its earning estimates on Cement sector for the quarter ended June 2011. According to the research firm, Shree Cement June quarter net sales expected to go up by 3.6% at Rs 978.8 crore, year-on-year, (YoY) basis.
In an interview with CNBC-TV18, HM Bangur, MD, Shree Cements says, FY11 revenues are almost flat. “FY12, we don’t expect anything better, almost similar result will be there,” he adds. He further says, in FY12, power sales will increase by 200%.
Emkay Global Financial Services has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Shree Cements quarter sales are expected to go up by 14% at Rs 1071.6 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Shree Cements quarter sales are expected to go up by 7.3% at Rs 1012.7 crore, year-on-year, (YoY) basis.
PINC Research has come out with its earning estimates on cement sector for the quarter ended March 2011. According to the research firm, Shree Cements March quarter sales are expected to go up by 8.3% at Rs 1023.3 crore, year-on-year, (YoY) basis.
In an interview with CNBC-TV18, HM Bangur, MD, Shree Cement, spoke about the results and his outlook for the company.
Prabhudas Lilladher has come out with its earning estimates on Cement sector for the quarter ended December 2010. According to the research firm, Shree Cements quarter sales are expected to go down by 5.7% at Rs 816.3 crore, Year-on-Year, (YoY) basis.
Karvy Stock Broking has come out with its earning estimates on cement sector for the quarter ended December 2010. According to the research firm, Shree Cements December quarter sales are expected to go down by 1.06% to Rs 856.8 crore, Year-on-Year, (YoY) basis.