India's Sagar Cements dips on sequential quarterly loss
** Shares of Sagar Cements SGRC.NS decline 5.9% to 227.88 rupees ** Co posts Q2 consol net loss of 441.7 million rupees ($5.03 million) vs profit 74.9 million rupees in Q1; loss in Q2 last year stood at 569.8 million rupees ** Stock on track for worst day in a year ** Stock rated "hold" on avg., median PT at 265 rupees - data compiled by LSEG ** YTD, SGRC up ~2% ($1 = 87.8950 Indian rupees) (Reporting by Manvi Pant) ((Manvi.Pant@thomsonreuters.com; +918447554364;))
Recent news on Sagar Cements
See all newsBrief: Sagar Cements Commissioned Balance Capacity Of 1.55 MW Waste Heat Recovery Power System
Brief: Sagar Cements Says SCMPL Grinding Capacity Increases To 1.5 Mtpa
India's Andhra Cements jumps on merger with Sagar Cements
Brief: Sagar Cements Ltd Board Approves In-Principle Merger Of Andhra Cements With Sagar Cements
Brief: Andhra Cements Approves Merger Of Andhra Cements With Sagar Cements