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SAGCEM Sagar Cements News Story

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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;))

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