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'Hold' Sagar Cements Shares Retains Nirmal Bang — Here's Why

Nirmal Bang retains a Hold rating and value Sagar Cements at 8.8x Mar-27E EV/Ebitda with a target price of Rs 241.

<div class="paragraphs"><p>Sagar Cements&nbsp;plans to increase Dachepalli plant’s cement capacity from 2.25 mtpa to 3 mtpa and clinker capacity from 1.85 mtpa to 2.31 mtpa by end-FY26. (Photo Source: Vijay Sartape NDTV Profit)</p></div>
Sagar Cements plans to increase Dachepalli plant’s cement capacity from 2.25 mtpa to 3 mtpa and clinker capacity from 1.85 mtpa to 2.31 mtpa by end-FY26. (Photo Source: Vijay Sartape NDTV Profit)
The Securities and Exchange Board requires Sagar Cements to meet the minimum shareholding norms to reduce its stake in Andhra Cements from 95% to 75% as per the guidelines.
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