India Cements is planning to demerge Chennai Super Kings (CSK) Division as a wholly-owned-subsidiary (WOS) of company. The company presently owns CSK - BCCI-IPL Franchise 20/20 Cricket Tournament Team. The company has included this demerger proposal for consideration at the board of directors ensuing meeting to be held on September 26, 2014.

India Cements is largest manufacturer of cement in South India. India Cements owns 28% of the market share and is leader in south India. The cement manufacturer aims 35% market share. It has distribution network of 10,000 stockists.

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India Cements Share Price

117.00 -2.90 (-2.42%) Jul 14, 17:35
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 3771.20
ACC 1293.95
Shree Cement 22110.80
Ambuja Cement 190.60
JP Associate 2.48
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Sensex vs India Cements
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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