Stock Update - Delivery Buy INDIACEM cmp 285.80
Updated
Stock Update - *India Cement cmp 285.80*
UltraTech Cement has agreed to acquire a 23% stake in The India Cements at a price of up to Rs267 per share, according to a Thursday filing to the stock exchanges.
Expect improve in fundamental after UltraTech acquisition, Based on the purchase price, the deal could be worth up to Rs1885cr
Expect positive for India Cement due reduce debt
*Buy INDIACEM with the extended Target of 311, 320*
UltraTech Cement has agreed to acquire a 23% stake in The India Cements at a price of up to Rs267 per share, according to a Thursday filing to the stock exchanges.
Expect improve in fundamental after UltraTech acquisition, Based on the purchase price, the deal could be worth up to Rs1885cr
Expect positive for India Cement due reduce debt
*Buy INDIACEM with the extended Target of 311, 320*
Note
INDIACEM cmp 297Note
INDIACEM Target AchievedTrade closed: target reached
Target Achieved From 285.80 to 323
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