BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA initiates coverage on Ramco Cements with a buy
Ramco Cements is one of the largest players in South India. The stock has potential to double in next three years on the back of an improvement in demand environment. Debt levels have already peaked as capex would be modest ahead.