India Cements Ltd
INDIACEM

160.50

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

160.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

160.50

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 160.00
We recommend ACCUMULATE as we expect earnings growth primarily driven by expansion of margins. This is expected from an increased focus on cost rationalization. The stock is currently trading at P/E of 25.9x and EV per ton of $76 on FY17E numbers. (Target Price- Rs.172.4)
Detailed View
50 DMA (.)
157.27
100 DMA (.)
138.85
200 DMA (.)
135.66
Weekly Range (.)
153.00
162.40
Monthly Range (.)
153.00
171.75
52 Weeks Range (.)
83.00
173.80
Detailed Chart