Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksHold India Cements; target of Rs 138: Anand Rathi

    Hold India Cements; target of Rs 138: Anand Rathi

    Anand Rathi recommended hold rating on India Cements with a target price of Rs 138 in its research report dated August 23, 2016.

    August 26, 2016 / 15:51 IST

    Anand Rathi's research report on India Cements

    India Cements’ Q1 FY17 revenue slipped 2% yoy; its EBITDA rose 3% yoy due to a better operational performance. We expect both prices and volumes in the South to improve from H2, increasing utilisations. We maintain our Hold rating, with a target price of Rs 138 (earlier Rs 101).For all recommendations, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Read More Read More

    first published: Aug 26, 2016 03:51 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347