India Cements net up 20-fold on strong demand

#1
India Cements net up 20-fold on strong demand

To increase capacity by 2 million tonnes by December 2007

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Please share your views and post your comments on India Cements net up 20-fold on strong demand below!
 
#2
My personal comments on this share. If I going to pick up anything in Cement, it would be Guj Ambuja.

To me, India Cements always look that it is speculator driven share. As long as u Stop Losses and its not for Long term plan, you can think about it. But I would never go into it.

Raj
 
#3
Speculator driven .. would you elaborate on this plz.

I bought some IndiaCem in Dec2005 @ 89.90. It has consistently gone up without any volatility. It is now at ~220 . It is a well managed company and has aquired some smaller companies..
 
#4
India Cements has posted impressive results for the last two quarters, the EPS for the last two quarters is more than 10/-. Looks like a turnaround story but one should wait for the next quarter for a confirmation.
 
#5
Its already turned around ! so thts one reason y its lost the charm n moment on the upside like it used to ..
It just recently reported its results black .

only a price hike (cement price ) would drive the stock ,

elz our beloved commerce minister (KAMAL NATH ) would keep shorting india cements n other cement stocks

thank you