|
10 Jul 2025 |
Star Cement
|
Consensus Share Price Target
|
212.51 |
237.27 |
- |
11.65 |
buy
|
|
|
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10 Jun 2025
|
Star Cement
|
Axis Direct
|
212.51
|
237.00
|
219.27
(-3.08%)
|
11.52 |
Buy
|
|
|
We recommend a BUY rating on the stock with a TP of Rs 237/share, implying an upside potential of 10% from the CMP.
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01 Jun 2025
|
Star Cement
|
Emkay
|
212.51
|
250.00
|
217.37
(-2.24%)
|
17.64 |
Buy
|
|
|
We assume coverage on Star Cement (Star) with BUY and target price of Rs250, while valuing the stock at FY27E EV/EBITDA of 12x. Star, with the upcoming commissioning of grinding units (GUs) in Silchar and Jorhat (both in Assam) is set to consolidate its leadership position in the Northeast.
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|
26 May 2025
|
Star Cement
|
Anand Rathi
|
212.51
|
275.00
|
220.03
(-3.42%)
|
29.41 |
Buy
|
|
|
The Meghalaya clinker-unit stabilisation along with the better demand-pricing environment in its operating region (East/North east) aided Star’s overall performance.
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|
23 May 2025
|
Star Cement
|
BOB Capital Markets Ltd.
|
212.51
|
260.00
|
220.22
(-3.50%)
|
22.35 |
Buy
|
|
|
Revenues rose ~15% YoY in Q4FY25 on the back of ~9% volume gains, though realisations stayed flat (-1% YoY)
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|
09 Feb 2025
|
Star Cement
|
Anand Rathi
|
212.51
|
270.00
|
212.59
(-0.04%)
|
27.05 |
Buy
|
|
|
As market leader, Star Cement’s Q3 volume growth outstripped northeastern demand growth, but its operational performance was hit by the delayed Meghalaya clinker stabilisation, higher maintenance shutdown cost, higher freight on a highway being constructed, etc.
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|
07 Feb 2025
|
Star Cement
|
BOB Capital Markets Ltd.
|
212.51
|
248.00
|
212.59
(-0.04%)
|
16.70 |
Buy
|
|
|
Revenues rose ~10%/12% YoY/QoQ in Q3FY25 backed by volume gains though realisations stayed flat
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|
07 Feb 2025
|
Star Cement
|
Axis Direct
|
212.51
|
235.00
|
212.59
(-0.04%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stocks.
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|
21 Jan 2025
|
Star Cement
|
BOB Capital Markets Ltd.
|
212.51
|
248.00
|
214.87
(-1.10%)
|
16.70 |
Buy
|
|
|
Timely capacity expansion (new 4mnt grinding unit by FY27) to help volume growth ahead of industry tapping buoyancy in north-east region
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|
12 Nov 2024
|
Star Cement
|
Axis Direct
|
212.51
|
235.00
|
189.27
(12.28%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stocks.
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|
12 Nov 2024
|
Star Cement
|
BOB Capital Markets Ltd.
|
212.51
|
201.00
|
189.27
(12.28%)
|
Target met |
Hold
|
|
|
Revenue rose 10% backed by healthy 9% volume gains and realisations remained flat YoY/QoQ at Rs 6,560/t with improved regional mix
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|
17 Sep 2024
|
Star Cement
|
Axis Direct
|
212.51
|
250.00
|
215.47
(-1.37%)
|
17.64 |
Buy
|
|
|
We maintain our BUY rating on the stock with a TP of Rs 250/share, implying an upside potential of 20% from the CMP.
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|
14 Aug 2024
|
Star Cement
|
ICICI Direct
|
212.51
|
255.00
|
209.35
(1.51%)
|
19.99 |
Buy
|
|
|
|
|
13 Aug 2024
|
Star Cement
|
ICICI Securities Limited
|
212.51
|
257.00
|
209.55
(1.41%)
|
20.94 |
Buy
|
|
|
Star Cement’s (Star) Q1FY25 performance appears to be in the slow lane owing to muted volumes (flat YoY) and ‘one-off’ cost impact (external purchase of clinker).
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|
13 Aug 2024
|
Star Cement
|
Axis Direct
|
212.51
|
250.00
|
209.55
(1.41%)
|
17.64 |
Buy
|
|
|
We change our recommendation from HOLD to BUY as we see the recent correction in stock price as a good entry point.
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|
25 May 2024
|
Star Cement
|
BOB Capital Markets Ltd.
|
212.51
|
210.00
|
216.50
(-1.84%)
|
Target met |
Hold
|
|
|
Steady 11% growth in a challenging quarter assisted by 12% YoY volume increase; realisations softens
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|
23 May 2024
|
Star Cement
|
Axis Direct
|
212.51
|
240.00
|
220.10
(-3.45%)
|
Target met |
Hold
|
|
|
We change our recommendation from BUY to HOLD as recent appreciation in the stock price leaves us with little upside.
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|
23 May 2024
|
Star Cement
|
Asit C Mehta Investment Interrmediates
|
212.51
|
262.00
|
220.10
(-3.45%)
|
|
Buy
|
|
|
STRCEM reported a mixed set of numbers, EBITDA and blended realisation in line with our estimate, while revenue and volume are marginally ahead of our estimate. Revenue up by 10.1% YoY (+40.2% QoQ) to Rs9.13bn, mainly led by 13.8% YoY (+43.7% QoQ) increase in volume of 1.41mt (1.387mt cement + 0.024mt clinker) sales.
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|
18 May 2024
|
Star Cement
|
Asit C Mehta Investment Interrmediates
|
212.51
|
262.00
|
225.55
(-5.78%)
|
|
Buy
|
|
|
We initiate coverage on Star Cement Ltd (STRCEM) with a “BUY” recommendation and target price of Rs262 based on 10x FY26E EV/EBITDA.
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12 Feb 2024
|
Star Cement
|
SBI Securities
|
212.51
|
240.00
|
195.20
(8.87%)
|
Target met |
Buy
|
|
|
Star Cement Ltd (SCL) reported decent sales growth of 5.5% YoY at Rs 651 cr driven by an underlying sales volume growth of 6.1% YoY at 1.0 mn tonnes. The sales growth was partially offset by muted cement prices which led to a marginal decline of 0.5% YoY in realization at Rs 6,764 per ton.
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12 Feb 2024
|
Star Cement
|
ICICI Direct
|
212.51
|
240.00
|
208.35
(2.00%)
|
Target met |
Buy
|
|
|
|