HSIE Results Daily: JK Cement, The Ramco Cements, Nuvoco Vistas, Heidelberg Cement, Karur Vysya Bank
JK Cement: We maintain our REDUCE rating on JK Cement (JKCE), with a lower TP of INR 2,485 (11.5x Mar-23E consolidated EBITDA).
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Heidelberg Cement India Ltd - Capex Visibility Still Missing
Heidelberg Cement (HEIM) reported marginally better set of numbers for 4QFY22 as adjusted EBITDA at Rs980mn was in line with consensus estimate and...
207 Views
Heidelberg Cement India: Inline Result; Cost Pressure to Sustain
We value the company at 8x FY24 EV/EBITDA and roll over our estimates to FY24 to arrive at TP of Rs 205/share, implying an upside of 9% from the...
198 Views
Cement Sector- 4QFY22 Earnings Preview- Steady performance expected amid severe cost inflation
Steady performance expected amid severe cost inflation 4QFY22 earnings of the cement sector will be characterized by the resilience of margins amid...
170 Views
Heidelberg Cement: Elevated Costs Impact Margins Despite Strong Volume Growth
The stock is currently trading at 9.5x FY22E and 7.7x FY23E EV/EBITDA. We value the company at 8x FY23 EV/EBITDA to arrive at TP of Rs 260 share,...
285 Views