Page 30 - Orient Cement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Mumbai: Analysts at brokerages have upgraded their earnings estimates for about one-fifth of the NSE 500 stocks in the past four weeks after the December quarter results. Stocks such Jindal Stainless, Godrej Agrovet, Welspun Corp, Jindal Steel & Power, ICICI Prudential Life Insurance, SBI Life Insurance, Orient Cement, SBI, APL Apollo Tubes and Finolex Industries among others have seen 10-100% upgrade in earnings estimates. These stocks, according to Bloomberg consensus estimates, could return 10-30% over the next 12 months. “December quarter is turning out to be the third quarter in a row ...

ETMarkets.com F&O: VIX remains high India VIX remained flattish and closed at 23.34 level. Now, the VIX needs to hold below 20 zone for continuation of the ongoing momentum. While some Call writing was seen at 15,000 and 14,700 levels, there was unwinding at strike prices 14,000 and 14,500. Maximum Put open interest was seen at 14,000 followed by 13,500 level, while maximum Call OI was at 15,000 followed by 14,500 levels. Options data suggested a wider trading range between 14,300 and 15,000 levels. Stocks showing bullish bias Momentum indicator Moving Average Convergence Divergence (MACD) on...

Maintain BUY on Orient Cement - Strong in-line performance - HDFC Securities Posted On: Mr. Rajesh Ravi, Institutional Research Analyst, HDFC Securities Orient Cement (ORCMNT) reported a solid 3QFY21 (in line with our estimates). Strong pricing and fuel mix optimisation more than offset impact of sales loss, mainly in Telangana. Thus, revenue/EBITDA grew 7/149% YoY to Rs 6.05/1.37 bn. Lower depreciation further boosted APAT to Rs 539mn vs net loss of Rs 57mn YoY. We continue to like ORCMNT for its efficient opex and balance sheet focus. We maintain our BUY rating on the stock with an unchange...

Read more about Orient Cement reports standalone net profit of Rs 53.88 crore in the December 2020 quarter on Business Standard. Sales rise 7.11% to Rs 604.61 crore

IndusInd Bank, Vedanta, UPL, SAIL, LIC Housing and Siemens are among major companies which will announce their December quarter results today. IRFC: Shares of IRFC will list on stock exchanges today. The IPO, which was sold in Rs 25-26 per price band, was subscribed 3.49 times. The unlisted stock last traded at a grey market premium of Re 0.20-0.25 against Rs 1.5 earlier. Airtel, Vodafone Idea: Bharti Airtel added the highest number of subscribers in November, ahead of Reliance Jio, even as Vodafone Idea lost customers during the period, according to the latest TRAI data. Airtel added a sta...