India Cements rises to one-week high
** Shares of cement maker India Cements Ltd ICMN.NS rise
as much as 7.2% to 263.40 rupees, highest since Sept. 23
** More than 9.7 mln shares change hands by 0555 GMT vs the
30-day avg of 9.04 mln shares
** All seven analysts covering the stock rate it "sell" or
"strong sell"; median PT is 135 rupees - Refinitiv data
** Stock up 27.8% this year, up to last close
($1 = 81.5500 Indian rupees)
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
Recent news on India Cements
See all newsIndia cement sector Q2 profit to fall on weaker pricing, higher fuel costs, says Investec
Mideast conflict casts long shadow over Indian cement firms' margins, Axis Capital says
Brief: India Cements Gets Demand Notices Seeking Recovery Of 189.5 Million Rupees For Environmental Clearance Violation
Preview: India's UltraTech Cement rises ahead of quarterly results
India Cements jumps most in 13 months on Q4 profit surge