226.7300 4.72 (2.13%)
NSE May 19, 2025 15:31 PM
Volume: 294.4K
 

226.73
2.13%
ICICI Securities Limited
Volume growth returns; Siliguri plant to boost sales further While offtake in H1FY20 remained weak owing to weak demand and heavy monsoons, the trend seems to have reversed in the company's major market from Q3FY20. A pick-up in construction activity post floods in the north east region and commissioning of the Siliguri plant by Q1FY21E, should drive sales volumes. While the management expects the North East region to end the year at ~8-9% growth and the eastern markets at 5-6% growth, FY21E volume growth for the company is expected to be strong....
Star Cement Ltd. has an average target of 254.50 from 6 brokers.
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