Whalesbook
Emkay Global Financial's research report highlights Star Cement's ambitious plans to nearly double its clinker-backed installed capacity to around 18 million tonnes per annum by FY29/30. The report details strategic moves including a new grinding unit in Bihar for improved market access, logistics cost reduction through new railway lines, and significant benefits from GST incentives. Emkay maintains a BUY recommendation with a target price of ₹280, citing the company's regional dominance, potential entry into Rajasthan, and the Northeast's robust cement demand.