Reports On Company: Sagar Cements
| Sagar Cement Poised for a healthy uptick in operational performance. Buy for target price of Rs 305 (29% upside): ICICI Direct | |
| Company: | Sagar Cements |
| Brokerage: | ICICI-Direct |
| Date of report: | August 7, 2023 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 29% |
| Summary: | Sagar Cement is trading at attractive valuations (US$ 50/t vs. replacement cost of US$ 110/t). We believe Sagar Cement is an attractive regional play in the southern cement markets and has demonstrated the ability to be one of the lowest cost producers. Hence, we ascribe BUY rating on the stock. |
| Full Report: | Click here to view full post with link to download pdf file |
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