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India Cements Shares In Focus: ICICI Securities Re-Initiates Coverage With 'Hold' Rating

December 11, 2025

ADVERTISEMENTIndia Cements Shares In Focus: ICICI Securities Re-Initiates Coverage With 'Hold' RatingWhile a merger with UltaTech Cement appears an eventuality, its timeline as well as merger ratio remains imponderable, says the brokerage. ICICI Securities11 Dec 2025, 01:31 PM IST i11 Dec 2025, 01:31 PM IST11 Dec 2025, 01:31 PM ISTSaveICICI Securities re-initiates coverage on India Cements stock with a 'Hold' call. (Photo Source: Envato) UltraTech Cement gained management control of India Cements, effective December 24, 2024.

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Ever since, management remains steadfast on its guidance of Rs 1,000 Ebitda/tonne by FY28. To continue reading this storyYou must be an existing Premium UserAlready a Premium User?
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India Cements Shares In Focus: ICICI Securities Re-Initiates Coverage With 'Hold' Rating

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India Cements Shares In Focus: ICICI Securities Re-Initiates Coverage With 'Hold' Rating

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