Deccan Cements Ltd.

NSE: DECCANCE | BSE: 502137 | ISIN: INE583C01021 | Industry: Cement & Cement Products
| Turnaround Potential
797.0500 28.60 (3.72%)
NSE Mar 21, 2025 15:31 PM
Volume: 35,622
 

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Deccan Cements Ltd.
20 Aug 2020
797.05
3.72%
buy
by Anand Rathi
Target: 458
Anand Rathi
Good operating show; WHRS to aid savings; retaining a Buy Amid the tough business environment, Deccan Cements reported an enhanced operating performance, beating our estimates, aided by price hikes and cost savings, though the volume decline was in line with the industry. On the commencement of the 6MW WHRS, savings in fuel costs are expected to aid its operating performance. The GU expansion is currently on hold. We believe it strong net cash balance sheet and current short term profitability augurs well. We retain our Buy...
 
Deccan Cements Ltd. is trading above all available SMAs
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