Sagar Cements stocks: Buy Sagar Cements, target price Rs 225: Emkay Global

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Emkay Global has buy call on Sagar Cements with a target price of Rs 225. The current market price of is Rs 207.25. Time period given by analyst is one year when . price can reach defined target.

Sagar Cements Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 2717.41 Crore) operating in Cement sector.

Sagar Cements Ltd. key Products/Revenue Segments include Cement, Power, Scrap, Coal and Other Operating Revenue for the year ending 31-Mar-2022.

Financials

For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 570.16 Crore, up 12.70 % from last quarter Total Income of Rs 505.89 Crore and up 43.50 % from last year same quarter Total Income of Rs 397.33 Crore. Company reported net profit after tax of Rs -13.10 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 45.2 per cent stake in the company as of 30-Jun-2022, while FIIs owned 4.47 per cent, DIIs 18.21 per cent.

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