BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
HDFC Securities recommends buy on Heidelberg Cement India
"With no expectations of capacity additions in the central region, the already established players are expected to maintain a pricing discipline in the region and the price realizations are expected to stay at current elevated levels. With the government impetus to the infrastructural development, the demand for cement is expected to grow/maintain at current levels. This will help HCIL derive good growth in its revenues through higher volumes and attractive realizations," says the brokerage.