Star Cement Ltd.

NSE: STARCEMENT | BSE: 540575 | ISIN: INE460H01021 |Industry: Cement & Cement Products
|Mid-range Performer
89.60 1.35 (1.53%)
NSE Jul 09, 2020 15:59
Volume: 81,633
 

Star Cement Ltd.    
30 Jun 2020
89.60
1.53%
buy
ICICI Securities Limited
Volume growth to return; Siliguri plant to boost sales further Post imposition of nationwide lockdown, the plant utilisation and sales volume declined almost 90% in April. However, May and June witnessed a healthy pick-up in volume offtake, with June seeing sales volume similar to levels reported last year. At present, rural demand continues to remain strong. We also expect a ramp-up in infrastructure along the China border soon, going forward. This will drive cement demand in the Arunachal, Sikkim area. Further, commissioning of the Siliguri plant in FY21E should...
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Star Cement Ltd. is trading above it's 200 day SMA of 85.4
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