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Buy India Cements, target price Rs 244: Jayesh Bhanushali
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India Cements Ltd. with a target price of Rs 244.
The current market price of India Cements is Rs 222. Jayesh Bhanushali recommended to keep stop loss at Rs 220.
India Cements, incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 7101.29 Crore) operating in Cement sector. India Cements key Products/Revenue Segments include Cement, Ready Mix Concrete, Clinker, Other Operating Revenue, Power Generation and Traded Goods for the year ending 31-Mar-2022.Financials For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 1443.87 Crore, down -3.33 % from last quarter Total Income of Rs 1493.66 Crore and down -5.30 % from last year same quarter Total Income of Rs 1524.63 Crore.
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