Buy India Cements Ltd. target Rs 155.5 : ICICI Direct
ICICIdirect.com has buy call on India Cements Ltd. with a target price of Rs 155.5.
The current market price of India Cements Ltd. is Rs 152.45.
Time period given by analyst is Intra Day when India Cements Ltd. price can reach defined target.
ICICI Direct recommended to keep stoploss at Rs 150.8.
India Cements Ltd. key Products/Revenue Segments include Cement which contributed Rs 5537.82 Crore to Sales Value (95.85 % of Total Sales), Ready Mix Concrete which contributed Rs 101.32 Crore to Sales Value (1.75 % of Total Sales), Clinker which contributed Rs 51.09 Crore to Sales Value (0.88 % of Total Sales), Income From Construction Work which contributed Rs 36.90 Crore to Sales Value (0.63 % of Total Sales), Wind Power which contributed Rs 18.00 Crore to Sales Value (0.31 % of Total Sales), Other Operating Revenue which contributed Rs 17.84 Crore to Sales Value (0.30 % of Total Sales), Traded Goods which contributed Rs 9.05 Crore to Sales Value (0.15 % of Total Sales), Cement (White) which contributed Rs 5.49 Crore to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2017.
The current market price of India Cements Ltd. is Rs 152.45.
Time period given by analyst is Intra Day when India Cements Ltd. price can reach defined target.
ICICI Direct recommended to keep stoploss at Rs 150.8.
India Cements Ltd. key Products/Revenue Segments include Cement which contributed Rs 5537.82 Crore to Sales Value (95.85 % of Total Sales), Ready Mix Concrete which contributed Rs 101.32 Crore to Sales Value (1.75 % of Total Sales), Clinker which contributed Rs 51.09 Crore to Sales Value (0.88 % of Total Sales), Income From Construction Work which contributed Rs 36.90 Crore to Sales Value (0.63 % of Total Sales), Wind Power which contributed Rs 18.00 Crore to Sales Value (0.31 % of Total Sales), Other Operating Revenue which contributed Rs 17.84 Crore to Sales Value (0.30 % of Total Sales), Traded Goods which contributed Rs 9.05 Crore to Sales Value (0.15 % of Total Sales), Cement (White) which contributed Rs 5.49 Crore to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2017.