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
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...
Star Cement Ltd. is trading above it's 200 day SMA of 85.4
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