|
31 Aug 2025 |
Orient Cement
|
Consensus Share Price Target
|
217.21 |
280.50 |
- |
29.14 |
sell
|
|
|
|
|
03 Feb 2023
|
Orient Cement
|
Axis Direct
|
217.21
|
130.00
|
120.15
(80.78%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock and revise our estimates for FY23 and FY24 owing to a delay in capacity expansion and no immediate respite in power/fuel cost.
|
|
11 Nov 2022
|
Orient Cement
|
Axis Direct
|
217.21
|
135.00
|
125.95
(72.46%)
|
Target met |
Hold
|
|
|
We value the company at 6x FY24E EV/EBITDA to arrive at a TP of Rs 135/ implying an upside potential of 9% from CMP and hence change our rating from BUY to HOLD
|
|
11 Nov 2022
|
Orient Cement
|
ICICI Securities Limited
|
217.21
|
130.00
|
125.95
(72.46%)
|
Target met |
Accumulate
|
|
|
Orient Cement’s (ORCMNT) Q2FY23 EBITDA at ~Rs330mn (down 76% YoY) was much below our / consensus estimates. Volumes were down ~3% / 10% YoY / QoQ while realisation declined 4% QoQ, but rose 4% YoY.
|
|
09 Aug 2022
|
Orient Cement
|
Chola Wealth Direct
|
217.21
|
170.00
|
115.70
(87.74%)
|
|
Buy
|
|
|
|
|
02 Aug 2022
|
Orient Cement
|
ICICI Direct
|
217.21
|
150.00
|
117.45
(84.94%)
|
|
Buy
|
|
|
|
|
12 Jul 2022
|
Orient Cement
|
Axis Direct
|
217.21
|
140.00
|
116.00
(87.25%)
|
Target met |
Buy
|
|
|
We value the company at 6x its FY24E EV/EBITDA and retain our BUY rating on the stock with a TP of Rs 140/share, implying an upside of 21% from the CMP.
|
|
17 May 2022
|
Orient Cement
|
ICICI Direct
|
217.21
|
150.00
|
121.30
(79.07%)
|
|
Buy
|
|
|
|
|
13 May 2022
|
Orient Cement
|
Axis Direct
|
217.21
|
160.00
|
119.10
(82.38%)
|
|
Buy
|
|
|
We value the company at 5x of its FY24E EV/EBITDA, roll over our estimates, and retain our BUY rating on the stock with a target price of Rs 160/share. TP implies an upside of 36% from the CMP.
|
|
04 Feb 2022
|
Orient Cement
|
Anand Rathi
|
217.21
|
233.00
|
172.40
(25.99%)
|
|
Buy
|
|
|
|
|
03 Feb 2022
|
Orient Cement
|
Axis Direct
|
217.21
|
200.00
|
172.85
(25.66%)
|
|
Buy
|
|
|
We value the company at 6x of its FY23E EV/EBITDA and retain our BUY rating on the stock with a target price of Rs 200/share. TP implies an upside of 16% from CMP.
|