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08 Oct 2026, 16:58 IST

Heidelberg Cem

HDFC Securities (HSIE Research) · REDUCE · target INR 140

The report expects weak margin of INR 255/MT for Heidelberg and retains a REDUCE rating on SOTP-based valuation.

From Cement Q2FY27 Results Preview HSIE, written by HDFC Securities (HSIE Research) and hosted by HDFC Securities. Orivam summarised it; the view is HDFC Securities (HSIE Research)'s, not Orivam's.

Open the original PDF on HDFC Securities →

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