Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
151.00
Change Change %
-2.50 -1.63%

Updated:21 Feb, 2019, 12:29 PM IST

BSE
150.30
Change Change %
-3.05 -1.99%

Updated:21 Feb, 2019, 12:39 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Reliance Securities
N/A
09-04-2018 Buy 156.30 205.00
N/A
Open Long (1Y)
09-04-2019

Reliance Securities Maintains 'Buy' On Heidelberg Cement

According to Reliance Securities, with no meaningful capacity addition coming in central region in next 2-3 years except UltraTech and JK Cement, Heidelberg Cement India would hit a sweet spot to improve its financials in ensuing 

years. This will be on the back of a healthy demand outlook owing to favourable monsoon, a likely uptick in government spending in UP and MP, and resolution of sand mining issues, the brokerage adds. 

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