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ITDCEM Consensus Forecast

No. of reports in last year
4
No. of analysts
3
Average Consensus Forecast
76
Consensus Potential
32.40%

ITDCEM Price Target Potential

BrokerageTargetPotential
Prabhudas Lilladher6723.73%
AnandRathi7733.64%
HDFC Securities8036.13%

ITDCEM Targets in FrontPage Forums

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ITDCEM Ratings

Long term ITDCEM rating by FrontPage users
0/5 (0 Ratings)0

4 ITDCEM share price target reports by brokerages below. See what is analyst's view on ITDCEM share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
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ITDCEM Share Price Target

ITDCEM Share Price Target - Broker Reports - 2020

19-Jun-20
Price @ Call: 52.61
Target: 67
BUY
12-Feb-20
Price @ Call: 60.48
Target: 77
BUY
We lower our FY20e earnings ~21% (and ~7% for FY21) to 40 factor in incidental/mobilising costs for some of the recent orders (until these 20 ITCE turn contributing), and the lower marine share. We introduce and roll forward our valuation to FY22e. On our revised estimates, the stock trades at PER of 9x FY20e, 8x FY21e and 6x FY22e. Risk: Slower-than-expected execution.
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12-Feb-20
Price @ Call: 60.48
Target: 80
BUY
ITD’s 3Q/9MFY20 order inflows have been robust at Rs 26/56bn ex Rs 3.5bn L1. Kolkata HC has given green signal to stuck Kolkata metro and ITD maintains no write offs in this project. We maintain BUY on ITD with TP of Rs 80/sh (12x Mar-21E EPS).
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12-Feb-20
Price @ Call: 61
Target: 80
BUY
ITD Cementation (ITCE) is a dominant player in the urban infra space with an MNC parentage. We remain positive on the company given it’s a) healthy and diversified order book (Rs126.6bn as on 3QFY20) b) strong execution capabilities c) lean balance sheet (D/E of 0.5x) d) advanced technology and skilled labour derived from the strong MNC parentage. During 3Q, the company reported subdued revenue growth owing to ~Rs60bn projects (~47% of Order book) being in advance stage of mobilization and not contributing to revenues. Due to lower than anticipated 9M execution, we have revised our FY20 estimates downwards for revenues/PAT by 13.3%/1%, while retaining our estimates for FY21E and FY22E. Given the strong order book and execution capabilities, we expect ITCE’s revenues to grow at a CAGR of 16% over FY19-22E. At CMP, the stock trades at a P/E of 12.2x/9.1x on FY20E/FY21E EPS and is trading at an EV of 5.8x/4.8x FY20E/FY21E EBITDA. We maintain BUY rating on the stock with a TP of Rs80.
... Read more

ITDCEM Share Price Target - Broker Reports - 2019

18-Feb-19
Price @ Call: 103.05
Target: 168
BUY
ITD order wins for YTD15MFY19E stand at Rs 49bn with L1 status in Rs 1.8bn of contracts. Bid pipeline of Rs 180bn is strong and we expect ITD to win Rs 50bn of new projects during FY20E. We have cut FY20/21E EPS by 13.2/9.5% to factor in lower execution. Maintain BUY with a reduced TP of Rs 168/sh.
... Read more

ITDCEM Share Price Target - Broker Reports - 2018

5-Nov-18
Price @ Call: 114.65
Target: 189
BUY
20-Aug-18
Price @ Call: 132.75
Target: 211
BUY
21-Aug-18
Price @ Call: 132.3
Target: 190
BUY

ITDCEM Share Price Target - Broker Reports - 2017

24-Aug-17
Price @ Call: 160.65
Target: 180
BUY
22-Feb-17
Price @ Call: 151
Target: 155
HOLD

ITDCEM Share Price Target - Broker Reports - 2016

24-Nov-16
Price @ Call: 140
Target: 158
BUY
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  • ITDCEM Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 353.57
    Upside Target 252.78
    Upside Target 152.07
    Pivot51.28
    Downside Target 150.57
    Downside Target 249.78
    Downside Target 349.07
  • ITDCEM Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 357.23
    Upside Target 255.72
    Upside Target 153.53
    Pivot52.02
    Downside Target 149.83
    Downside Target 248.32
    Downside Target 346.13
  • ITDCEM Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 383.83
    Upside Target 271.37
    Upside Target 160.43
    Pivot47.97
    Downside Target 137.03
    Downside Target 224.57
    Downside Target 313.63
  • ITDCEM Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 352.78
    Upside Target 252.21
    Upside Target 151.86
    Pivot51.28
    Downside Target 150.71
    Downside Target 250.36
    Downside Target 349.78
  • ITDCEM Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 355.72
    Upside Target 254.3
    Upside Target 153.43
    Pivot52.02
    Downside Target 150.6
    Downside Target 249.73
    Downside Target 348.32
  • ITDCEM Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 371.37
    Upside Target 262.43
    Upside Target 156.91
    Pivot47.97
    Downside Target 139.03
    Downside Target 233.51
    Downside Target 324.57
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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