14/11/2024, 3:30:04 pm

Buy The Ramco Cements; target of Rs 1060: Sharekhan

Sharekhan's research report on The Ramco Cements: Ramco reported in-line standalone revenue, led by higher-than-estimated sales volumes. Operational profitability surprised positively, driven by lower opex, especially on the power and fuel costs front. Management has retained its capacity target of 30 mtpa by FY2026, as it plans de-bottlenecking and brownfield expansions.