Archive · 30 Sep 2025
Axis Securities: Star Cement Stock Potential Up 28%
Axis Securities believes Star Cement's stock price could go up by 28%.
They think this because the company is doing well, especially in the North-East, where there's lots of building happening.
Star Cement is also growing its capacity with new factories and selling more expensive cement.
They are projecting strong revenue and profit growth, which is why the company has a buy rating.
The company's strategy includes building more factories and selling premium cement, and they aim to reduce their reliance on a single region by expanding into Rajasthan.
Axis Securities maintains a 'Buy' rating on Star Cement with a target price of ₹325.
The target price implies a potential 28% upside from the current price.
Star Cement is focused on infrastructure development and government initiatives.
The company is expanding production capacity, including plants in Meghalaya and Rajasthan.
Premium cement sales surged 85% year-over-year.
- Who
- Axis Securities and Star Cement
- What
- Stock rating and analysis
- When
- FY25 and FY27
- Where
- India (North-East and Eastern regions)
- Why
- Capitalize on demand growth, expansion, and premiumization
Market Caution
Bullish Outlook
Investment Strategy
Market Caution
Avoid initiating long positions.
Bullish Outlook
Maintain a buy rating based on growth from demand in the North-East region.
- Target Price
- ₹325
- Current Price
- ₹252.50
- Upside Potential
- 28%
- Market Share in NER
- 27%
- Premium Cement Sales Growth
- 85% YoY (FY25)
