Top Aditya Birla group executives recently met the German cement maker’s global management to discuss the acquisition of HeidelbergCement India, sources told Moneycontrol
JSW's cement business had plans for an IPO in the past. According to past media reports, Parth Jindal, the managing director of JSW Cement, had previously mentioned the listing of the cement business in FY20.
Growth has been disappointing for this cement company for the past couple of quarters. Since the setback is more or less priced in, long-term investors can bet on it at the current price
The company had reported a net profit of Rs 59.56 crore in the year-ago period, HeidelbergCement India said in a BSE filing.
Market factored in concerns: stock presents a decent risk-to-reward ratio
Prabhudas Lilladher recommended reduce rating on Heidelberg Cement India with a target price of Rs 183 in its research report dated July 20, 2022.
Prabhudas Lilladher recommended Reduce rating on Heidelberg Cement India with a target price of Rs 195 in its research report dated May 23, 2022.
The worst may be over for Heidelberg Cement India: stock presents decent risk-reward ratio
To enhance its scale, Heidelberg Cement India is expanding its presence to Gujarat, which will add another 3 MT of capacity over the next 2-3 years
The near-term trajectory for the cement companies once again appears uncertain, but government spending in infrastructure development and policy reforms are expected to boost volumes post the easing of restrictions
Prabhudas Lilladher recommended reduce rating on Heidelberg Cement India with a target price of Rs 225 in its research report dated May 31, 2021.
Going by the management commentary and the allocations in the Union Budget for infrastructure and housing, FY22 could be a year of strong volume recovery for HeidelbergCement
Cement volumes have been resilient owing to an upswing in infrastructure and housing activities.
Prabhudas Lilladher recommended hold rating on Heidelberg Cement India with a target price of Rs 195 in its research report dated October 26, 2020.
Prabhudas Lilladher recommended accumulate rating on Heidelberg Cement India with a target price of Rs 191 in its research report dated July 24, 2020.
Prabhudas Lilladher recommended Hold rating on Heidelberg Cement India with a target price of Rs 215 in its research report dated February 13, 2020.
Prabhudas Lilladher recommended accumulate rating on Heidelberg Cement India with a target price of Rs 215 in its research report dated October 31, 2019.
Confirmation of the breakdown will come once the index starts to trade below 10,782. A break below 10,782 would take the Nifty towards the next support which is placed at 10,580 levels
Prabhudas Lilladher recommended accumulate rating on Heidelberg Cement India with a target price of Rs 220 in its research report dated July 31, 2019.
The company has a healthy margin profile, high returns and impressive cash generation, which feed its business fundamentals.
Prabhudas Lilladher is bullish on Heidelberg Cement India has recommended buy rating on the stock with a target price of Rs 235 in its research report June 06, 2019.