The industry is traversing through a challenging landscape and the anticipated upcycle in the sector does not seem likely in the near term. In the current environment, we prefer companies with strong market positioning and strict cost focus
With increasing capacity utilisation across regions, cement prices are expected to firm up after the monsoons and should aid margin recovery, which appears to have bottomed out
From a stock market perspective, investors will be worried about the listed companies having significant exposure to the Kerala
Prabhudas Lilladher recommended hold rating on The Ramco Cements with a target price of Rs 735 in its research report dated August 02, 2018.
We feel the competitive pressure will continue to remain high in the northern and western regions. However, the companies with strong presence in east, central and south (specifically Andhra and Telangana) region will benefit from an improved demand environment in these geographies.
Prabhudas Lilladher recommended accumulate rating on The Ramco Cements with a target price of Rs 890 in its research report dated May 23, 2018.
Motilal Oswal is bullish on The Ramco Cement has recommended buy rating on the stock with a target price of Rs 918 in its research report dated May 23, 2018.
KR Choksey is bullish on The Ramco Cements has recommended buy rating on the stock with a target price of Rs 910 in its research report dated February 07, 2018.
Centrum is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 790 in its research report dated November 03, 2017.
Sharekhan recommended hold rating on The Ramco Cements with a target price of Rs 750 in its research report dated November 02, 2017.
KRChoksey is bullish on The Ramco Cements has recommended buy rating on the stock with a target price of Rs 805 in its research report dated 07 August, 2017.
JM Financial recommended hold rating on The Ramco Cements with a target price of Rs 625 in its research report dated August 03, 2017.
Arihant Capital recommended hold rating on The Ramco Cement with a target price of Rs 768 in its research report dated June 07, 2017.
Reliance Securities is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 760 in its research report dated May 30, 2017.
KR Choksey is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 809 in its research report dated May 31, 2017.
Centrum is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 770 in its research report dated February 07, 2017.
Karvy recommended hold rating on Ramco Cements with a target price of Rs 723 in its research report dated February 07, 2017.
Arihant Capital recommended hold rating on The Ramco Cement with a target price of Rs 726 in its research report dated February 08, 2017.
KR Choksey has recommended accumulate rating on The Ramco Cements with a target price of Rs 772 in its research report dated February 08, 2017.
Motilal Oswal is bullish on The Ramco Cements has recommended buy rating on the stock with a target price of Rs 815 in its research report dated February 07, 2017.
SPA Financial is bearish on Ramco Cements has recommended sell rating on the stock with a target price of Rs 521 in its research report dated November 10, 2016.
Arihant Capital has recommended accumulate rating on Ramco Cement with a target price of Rs 675 in its research report dated November 09, 2016.
Prabhudas Lilladher is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 730 in its research report dated November 10, 2016.
Axis Direct is bullish on Ramco Cement has recommended buy rating on the stock with a target price of Rs 719 in its research report dated November 10, 2016.
Axis Direct is bullish on Ramco Cements has recommended buy rating on the stock with a target price of Rs 597 in its research report dated August 05, 2016.