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Star Cement share price: Hold Star Cement, target price Rs 100: Emkay Global

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Emkay Global has hold call on Star Cement with a target price of Rs 100. The current market price of . is Rs 88.8. Time period given by analyst is one year when Ltd. price can reach defined target.

Star Cement Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 3587.10 Crore) operating in Cement sector.

Star Cement Ltd. key Products/Revenue Segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.

Financials

For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 758.43 Crore, up 34.97 % from last quarter Total Income of Rs 561.93 Crore and up 24.14 % from last year same quarter Total Income of Rs 610.95 Crore. Company reported net profit after tax of Rs 88.42 Crore in latest quarter.

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Promoter/FII Holdings
Promoters held 67.33 per cent stake in the company as of 31-Mar-2022, while FIIs owned 0.2 per cent, DIIs 6.15 per cent.

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