Is India Cement good stock to buy?
Is India Cement good stock to buy?
Chandan Taparia of Motilal Oswal has buy call on India Cements with a target price of Rs 237. The current market price of India Cements Ltd. is Rs 225.7. Time period given by analyst is Intra Day when India Cements Ltd. price can reach defined target.
What is the target of India Cements share price?
| Date | Stock | Target |
|---|---|---|
| 27 Jan 2021 | India Cements Ltd. | 160.00 |
| 08 Nov 2020 | India Cements Ltd. | 120.00 |
| 24 Jun 2020 | India Cements Ltd. | 120.00 |
| 08 Feb 2020 | India Cements Ltd. | 80.00 |
Why did Ramco Cement share fall?
NEW DELHI – Shares of Ramco Cements tumbled close to 8 per cent in early trade Tuesday as the company reported a 59 per cent decline in standalone profit in October-December to Rs 83 crore on account of faltering demand. Sales from products, however, rose 16 per cent to Rs 1,541 crore for the quarter under review.
Which is the best cement stocks?
So without further ado, let’s try to understand these stocks in detail.
- UltraTech Cement Ltd. – Best Concrete Stock in India.
- Shree Cement Ltd. – Cement Stocks in India.
- Ambuja Cements Ltd.
- ACC Ltd.
- JK Cement Ltd.
- Dalmia Bharat (Amalg) Ltd.
- The Ramco Cements – Top Cement Stocks to Buy.
- Nuvoco Vistas Corp Ltd.
Which is best cement share?
Top Cement Stock Picks By ICICI Securities
| Sr No. | Stocks | Rating |
|---|---|---|
| 1 | UltraTech Cement | BUY |
| 2 | Shree Cement | BUY |
| 3 | Ambuja Cements | BUY |
| 4 | ACC | BUY |
Which is the best cement stocks to buy in India?
Why are cement stocks falling?
Input costs have remained elevated for the past few months and cement companies haven’t been able to pass on the cost increase. Besides this, aggregate free cash flow generation has declined due to working capital blockage and an increase in capex during the financial year 2022.
Which is best cement company in India?
India’s Top 10 Best Cement Companies
- Ultratech Cement. UltraTech Cement is part of the Aditya Birla Group, listed among the Fortune 500 company.
- Ambuja Cement. Ambuja Cement ltd is one of the best cement companies in India.
- ACC.
- Shree Cement.
- Dalmia Bharat.
- Rain Industries.
- JK Cement.
- The Ramco Cement.
Which cement Company has highest market share in India?
UltraTech Cement Limited
UltraTech Cement Limited is the market leader in cement production in India. As of fiscal year 2020, it accounted for 31 percent of the market. The Indian cement company is based in Mumbai and is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group.
