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Page 6 - Birla Corporation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Birla Corporation shares: Up just 3% in 2024, can the cement stock cross Rs 2,000 mark?

Shares of cement maker Birla Corporation have gained merely 3% in 2024. The cement stock rallied 68% in a year, clocking a majority of gains in 2023. The stock of the MP Birla Group has earned a buy call from brokerage Asit C Mehta with a target price of Rs 2055. The brokerage house cited an improvement in profitability, return ratios & balance sheet and a continued focus on capacity addition as primary factors for initiating coverage on the cement stock.

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Buy Birla Corporation; target of Rs 2055: Asit C Mehta

Asit C Mehta is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 2055 in its research report dated April 08 2024.

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Axis Securities bullish on cement industry; picks UltraTech Cement, Ambuja Cements, JK Cement as top stock bets

According to Axis Securities, cement demand remains positive as we conclude FY24, driven by pre-election spending, ongoing government emphasis on infrastructure development, and sustained real estate activity. Moreover, the higher budgetary allocation to infrastructure and construction in the interim budget 2024-25 is expected to sustain demand momentum into FY25.

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Share Market Highlights 27 March 2024: Sensex gains 526 pts, Nifty closes above 22,100

Share Market Highlights 27 March 2024: Sensex gains 526 pts, Nifty closes above 22,100
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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The third edition of the Brand Xcel Conclave is around the corner with the latest Brand Insights and Rankings

The third edition of the Brand Xcel Conclave is around the corner with the latest Brand Insights and Rankings
webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.

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