ICICI Securities has add call on
Orient Cement with a target price of Rs 138. The current market price of Orient Cement Ltd. is Rs 127.5.
Orient Cement Ltd., incorporated in the year 2011, is a Small Cap company (having a market cap of Rs 2601.83 Crore) operating in Cement sector. Orient Cement Ltd. key Products/Revenue Segments include Cement, Scrap and Power for the year ending 31-Mar-2020.
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 834.28 Crore, up 36.32 % from last quarter Total Income of Rs 611.98 Crore and up 26.05 % from last year same quarter Total Income of Rs 661.87 Crore. Company reported net profit after tax of Rs 99.88 Crore in latest quarter.
Retain BUY Rating on Orient Cement - Utilisation soars to 93%, bolstering profit - HDFC Securities
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Orient Cement - Strong show; balance sheet strengthened - ICICI Securities
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Q4FY21 Company Update - Orient Cement - ICICI Direct
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