392.8000 -5.65 (-1.42%)
NSE Nov 28, 2025 15:31 PM
Volume: 183.1K
 

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India Cements Ltd.
19 Aug 2016
392.80
-1.42%
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...
Number of MF schemes increased from 46 to 58 in Sep 2025 qtr.
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