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Net Sales are expected to increase by 17.7 percent Y-o-Y (down 5 percent Q-o-Q) to Rs. 783.9 crore, according to Nirmal Bang.
Net Sales are expected to decrease by 0.5 percent Y-o-Y (up 29.1 percent Q-o-Q) to Rs 546.6 crore, according to YES Securities.
Net Sales are expected to decrease by 8.5 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 473.7 crore, according to HDFC Securities.
Net Sales are expected to increase by 9.4 percent Y-o-Y (up 37.5 percent Q-o-Q) to Rs. 572.4 crore, according to ICICI Direct.
The company is trading at a FY20 Enterprise Value/EBITDA multiple of nearly 7 times and offers an attractive investment proposition from a medium to long term perspective.
Net Sales are expected to increase by 22.5 percent Y-o-Y (up 26.5 percent Q-o-Q) to Rs. 458.3 crore, according to ICICI Direct.
The industry is traversing through a challenging landscape and the anticipated upcycle in the sector does not seem likely in the near term. In the current environment, we prefer companies with strong market positioning and strict cost focus
Net Sales are expected to increase by 8.8 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 466.2 crore, according to ICICI Direct.
With a pick-up in infrastructure development activities, overall demand is expected to remain firm. Government spending on infrastructure, along with affordable housing schemes, should propel cement industry growth to 7-8 percent in the current fiscal
With a pick-up in infrastructure development activities, demand is expected to remain firm in Star Cement’s core operating markets.
Expect to receive subsidy worth Rs 150 crore in H2FY18, which will go towards the repayment of debt, Sanjay Gupta, CEO of Star Cement told CNBC-TV18.
Star Cement reported good set of Q1 numbers. In an interview to CNBC-TV18, Sanjay Gupta, CEO of Star Cement spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Sanjay Gupta, CEO of Star Ferro and Cement spoke about the results and his outlook for the company.
In an interview with CNBC-TV18, Sanjay Gupta, CEO of Star Ferro said that the total price drop in the first quarter was around Rs 20-25 per bag for the northeast.
Higher coal prices and pressure on cement price impacted margins in fourth quarter, says Sanjay Gupta, CEO of Star Ferro and Cement.
Sanjay Gupta, CEO of Star Ferro ays cement prices have improved by Rs 5-10 per bag in the month of January and are expected to follow upward movement in coming quarters as well.
Sanjay Gupta, CEO, Star Ferro and Cement the company has taken its annual maintenance cost in the second quarter which has impacted the results.
Sanjay Gupta, CEO of Star Ferro and Cement says the company has seen a significant rise in cement demand from the north-Eastern India. He adds several enquiries have been made on account of the proposed government constructions vis-Ã -vis road projects and power plants.