478.5500 4.95 (1.05%)
NSE Jan 16, 2026 15:31 PM
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India Cements Ltd.
19 Aug 2016, 12:00AM
478.55
1.05%
Phillip Capital
9 Debt reduction and operational excellence are the only two areas we understand the companywillworkaggressivelyandthisisboundtoreratevaluations. 9 Giventhestocktradesatdeepdiscounttopeers(US$55/tonne),weseedeepvaluein thestock.EvenattargetstocktradesatUS$75/tonne(~40%discounttoreplacement) 9 At this stage we do not foresee any material risk to our estimates. There is scope for earningsupgradegivenarecoveryincementprices. 9 OurearlierpricetargetofRs125isnowmetandweupgradeourtargetmultipleto7.0x EV/EBITDA(vs.5.0xearlier).WemaintainBUYonthestockwitharevisedpricetargetof...
India Cements has gained 22.11% in the last 3 Months
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