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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Short (1M)
Nirmal Bang Recommends 'Buy' On Orient Cement
According to Nirmal Bang, Orient Cement's performance has been impacted with the double impact of cost inflation and limited pass-through in its key markets. However, its focus on cost rationalisation, presence in vibrant markets such as Maharashtra, Andhra Pradesh and Telangana, and penetration in Madhya Pradesh is expected to aid earnings revival, the brokerage adds.