India Cements Ltd.

NSE: INDIACEM | BSE: 530005 | ISIN: INE383A01012 | Industry: Cement & Cement Products
| Expensive Rocket
346.5500 -2.00 (-0.57%)
NSE Jul 11, 2025 15:31 PM
Volume: 165.2K
 

logo
India Cements Ltd.
19 Aug 2016
346.55
-0.57%
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...
Promoters have increased holdings from 55.49% to 81.49% in Mar 2025 qtr.
More from India Cements Ltd.
Recommended