Risk factor
Resilient to price shocks
Profitability factor
Very low or no dividends
About
Established in 1946 and headquartered in Chennai, India, The India Cements Limited is a key player in the Indian market, primarily engaged in the production and sale of cement and related building materials. The company's diverse product range features popular cement brands such as Sankar Super Power, Coromandel King, Raasi Gold, Coromandel White, and Coromandel Super, alongside ready-mix concrete. Expanding beyond its core business, India Cements also operates in power generation through windmills and thermal plants, provides ship leasing services, and owns and manages coal mines. Its reach extends internationally, with exports of cement and clinker to various global destinations.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, overvalued on EV/EBIT
Target Price
The average target price of INDIACEM.NS is 459 and suggests 11.9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomme