Margins impacted by cost escalations
HeidelbergCement India’s (HEIM) Q2FY22 EBITDA at Rs1.2bn (down 8% YoY) was higher than our / consensus estimates led by higher volumes, up 11% YoY...
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Axis Annual Analysis:Heidelberg Cem.
We arrive at a TP of Rs 265/share, valuing the company at 8x FY23 EV/EBITDA, which implies an upside of 3% from the CMP. Hence, we maintain a HOLD...
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Heidelberg Cement: In-Line Operating Performance; Price Recovery a Key Monitorable
The stock is currently trading at 9.8x FY22E and 8x FY23E EV/EBITDA. We value the company at 8x FY23 EV/EBITDA to arrive at TP of Rs 265/share,...
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HEIDELBERG: Heidelberg Cement reported revenue growth of 14.1% YoY, mainly on the back of 14.9% Y...
Heidelberg Cement reported revenue growth of 14.1% YoY, mainly on the back of 14.9% YoY jump in volumes to 1.25 MT during Q4FY21. Capacity...
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HEIDELBERG: The stock is currently trading at 9.3x FY22E and 7.2x FY23E EV/EBITDA
The stock is currently trading at 9.3x FY22E and 7.2x FY23E EV/EBITDA. We retain our BUY recommendation with a target price of Rs 280/share,...
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