ICT.TUNGGAL PRAKARSA sees an upgrade to Slightly Positive due to a better fundamental star rating
The general evaluation of ICT.TUNGGAL PRAKARSA (ID), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date April 5, 2022, the closing price was IDR 10,850.00 and its potential was estimated at IDR 12,637.20.PT Indocement Tunggal Prakarsa is a cement manufacturer operating in Indonesia. It also owns several subsidiaries that produce ready-mix concrete, as well as aggregates and trass. Aggregates products comprise mainly of andesit, which is a type of rock used primarily in the production of Ready-Mix Concrete, and is commonly used in the construction of toll roads and high-rise buildings. Trass is utilized as an alternative material in cement production. Co.'s cement product range includes Portland Composite Cement, Ordinary Portland Cement (OPC Type I, II, and V), Oil Well Cement, White Cement, and TR-30 White Mortar. These products are marketed under the Tiga Roda brand.
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