Star Cement Ltd.

NSE: STARCEMENT | BSE: 540575 | ISIN: INE460H01021 | Industry: Cement & Cement Products
| Mid-range Performer
224.4000 -5.05 (-2.20%)
NSE Nov 21, 2025 15:31 PM
Volume: 236.9K
 

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Star Cement Ltd.
08 Nov 2019
224.40
-2.20%
HDFC Securities
We continue to like Star for its leadership positioning in the lucrative NE region, which will further enhance as Star ramps-up clinker capacity in NE region. Star's superior op margin should gain from increased local coal availability and cost reduction from upcoming WHRS. Star currently trades at a mere 7.1/7.1x FY21/22E EBITDA (EV of USD 125/MT). Maintain BUY with a revised TP of Rs 135. We maintain BUY on Star Cement with a TP of Rs 135 (10x Sep21E consol EBITDA), implying EV of USD 176/MT
Promoters pledged 0.01% of shares in last quarter. Total pledge stands at 1.34% of promoter holdings
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