India Cements falls 1.8 per cent

India Cements falls 1.8 per cent
Published: 09 June 2008

India Cements fell for a second day on Monday. The share price decreased INR3 (or 1.8 per cent) to INR161.60. Compared with the Nifty Index which fell 189 points (or 4.1 per cent) on the day, this represented a relative price change of 2.3 per cent. As a result of the price decline the Price/Earnings multiple based on trailing 12 months earnings has improved to 7.9; the stock has a value percentile rank of 80.2 or rank of 156 out of 794 stocks with earnings.