|
13 Sep 2025 |
Star Cement
|
Consensus Share Price Target
|
272.15 |
293.70 |
- |
7.92 |
buy
|
|
|
|
|
12 Feb 2024
|
Star Cement
|
ICICI Direct
|
272.15
|
240.00
|
208.35
(30.62%)
|
Target met |
Buy
|
|
|
|
|
12 Feb 2024
|
Star Cement
|
SBI Securities
|
272.15
|
240.00
|
195.20
(39.42%)
|
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.
|
|
09 Feb 2024
|
Star Cement
|
Axis Direct
|
272.15
|
225.00
|
195.20
(39.42%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and roll over our estimate to FY26.
|
|
08 Feb 2024
|
Star Cement
|
BOB Capital Markets Ltd.
|
272.15
|
193.00
|
196.10
(38.78%)
|
Target met |
Hold
|
|
|
Steady growth in a challenging quarter aided by 7% YoY volume pickup; realisations softened
|
|
10 Nov 2023
|
Star Cement
|
BOB Capital Markets Ltd.
|
272.15
|
159.00
|
158.90
(71.27%)
|
Target met |
Hold
|
|
|
Monsoon impact in northeast markets kept Q2 volumes flat YoY at 0.9mt while realisation slipped 2%
|
|
10 Nov 2023
|
Star Cement
|
Axis Direct
|
272.15
|
180.00
|
158.90
(71.27%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
15 Sep 2023
|
Star Cement
|
Axis Direct
|
272.15
|
185.00
|
163.10
(66.86%)
|
Target met |
Buy
|
|
|
we maintain our BUY rating on the stock with a target price of Rs 185 per share, implying an upside potential of 19% from the current market price.
|
|
10 Aug 2023
|
Star Cement
|
Axis Direct
|
272.15
|
185.00
|
162.20
(67.79%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
02 Aug 2023
|
Star Cement
|
ICICI Direct
|
272.15
|
185.00
|
158.70
(71.49%)
|
Target met |
Buy
|
|
|
|
|
09 Jun 2023
|
Star Cement
|
Axis Direct
|
272.15
|
165.00
|
141.65
(92.13%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock and value it at 10x FY25E EV/EBITDA to arrive at a TP of Rs165/share (Rs 145/share earlier) implying an upside potential of 15% from the CMP.
|