Big earning opportunities seen in small-cap cement companies - JM Financial's top picks are Sagar, Orient and Heidelberg

Big earning opportunities are being seen in small-cap cement companies, said Mansi Dave, News Anchor & Senior Producer at Zee Business, in a conversation with Zee Business Managing Editor and Market Guru Anil Singhvi.

Citing the JM Financial report, Mansi Dave said that small-cap cement companies will perform well just like large-cap companies. Between FY 2016-21, Small Caps companies worked on their recovery, she added.

Large-cap mid-cap companies’ performed very well in these 5 years as their volume increased by 8-9%, whereas small caps’ volume increased by 5%.

Talking about the cement capacity of companies in these five years, Dave said, Small cap companies’ capacity increased by 19 percent.

Reasons for the rise in cement share, as suggested by Mansi Dave are:

• Increase in demand, benefit of increase in price
• Advantages of real estate boom
• Companies focus on expansion plan
• Having a net debt ratio handy - a good message

JM Financial released a report highlighting their top picks for small caps cement companies. Citing to that report, Dave said Sagar Cement, Orient Cement, and Heidelberg Cement are the JM financier’s most favourite cement companies.  

Sagar Cement

-The growth of the company is good. Currently, they are focusing on new capacity and diversification.  
-With the implied return of 28%, their target is Rs. 325.

Orient Cement

-The current focus of Orient Cement is on the expansion of their company which reflects in a positive manner.  

-With the implied return of 50%, their target is Rs. 240.

Heidelberg Cement

-Current focus of the company is premiumisation which will soon reflect in a positive manner for the company. Buying opportunities will be seen soon. With the implied return of 4%, their target is Rs. 225.

- With large caps and mid-caps, small caps will also perform well in the coming days, Dave concluded.

For more details: WATCH FULL VIDEO here: -

छोटी सीमेंट कंपनी, कमाई के बड़े मौके
JM फाइनेंशियल की पसंदीदा कंपनियां
स्मॉलकैप सीमेंट कंपनियां फोकस में ?

जानिए पूरी रिसर्च मानसी से...#CementShare | @davemansi145 pic.twitter.com/MSDqYVzUTd

— Zee Business (@ZeeBusiness) December 23, 2021