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ICICI Securities: Heidelberg Cement Play On Better Priced Central India

Heidelberg Cement’s net cash flow is likely to more than quadruple to Rs 6.8 billion by FY22E, ICICI Securities says in a report.

Silhouetted workers carry building materials at a construction site in New Delhi, India. (Photographer: Amit Bhargava/Bloomberg News)
Silhouetted workers carry building materials at a construction site in New Delhi, India. (Photographer: Amit Bhargava/Bloomberg News)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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