Nalanda Securities is bullish on HeidelbergCement India has recommended buy rating on the stock with a target price of Rs 194 in its research report dated November 06, 2018.
Total income during the quarter under review was at Rs 492.03 crore, up 14.90 percent as against Rs 428.22 crore in the corresponding period of the last fiscal.
HeidelbergCement total income during the quarter under review was at Rs 547.15 crore. It was Rs 516 crore in the corresponding quarter of the last fiscal.
Power and fuel costs account for 25-30 percent of the total operating cost for the power guzzling industry.
The industry capacity utilisation currently is around 73-74 percent and for the company, it has been 88 percent, said Jamshed Naval Cooper, MD & CEO, HeidelbergCement India.
The company had posted a net profit of Rs 16.5 crore during the same period previous fiscal, HeidelbergCement India said in a regulatory filing.
Vishvesh Chauhan of Monarch Networth Capital advises buying Bank of India with a target of Rs 151.
According to Prakash Gaba of prakashgaba.com, one may hold HeidelbergCement India.
HeidelbergCement India today reported a 49.25 percent rise in its net profit at Rs 37.03 crore for the fourth quarter ended March 31, 2017.
Cement stocks like UltraTech Cement, Dalmia Bharat, ACC, India Cements, OCL and HeidelbergCement India will get astrological support, says Satish Gupta of astrostocktips.
Ashwani Gujral of ashwanigujral.com recommends buying V-Guard Industries, India Cements, BHEL, Federal Bank and Gujarat State Fertilizers & Chemicals.
Cement stocks like HeidelbergCement, India Cements, ACC, Shree Cement and UltraTech Cement will get astro support, says Satish Gupta of astrostocktips.
According to Avinash Gorakshakar, Market Expert, one may hold HeidelbergCement India.
ICICI Direct recommended hold rating on Heidelberg Cement with a target price of Rs 135 in its research report dated February 10, 2017.
HeidelbergCement India today reported a standalone net loss of Rs 3.58 crore for the third quarter ended December 31, 2016.
Cement stocks like Ambuja Cements, ACC, JK Lakshmi Cement, OCL India and Heidelberg Cement India will get astro support, says Satish Gupta of astrostocktips.
Jay Thakkar of Sharekhan is of the view that one may buy Anant Raj with a target of Rs 45.40.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy TVS Motor Company with a target of Rs 425.
Heidelberg Cement India today reported over 7-fold jump in net profit to Rs 16.5 crore for the September quarter, aided by better realisation and reduction in operating costs.
Infosys' second quarter numbers were quite strong, despite the company cutting the guidance, which makes broking firm Prabhudas Lilladher pick Infosys over Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Aurobindo Pharma and buy HeidelbergCement and UltraTech Cement.