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Motilal Oswal reiterates Neutral target of Rs 850 for Ramco Cements

Neutral0

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Motilal Oswal reiterated a Neutral rating and set a target price of Rs 850 for The Ramco Cements. The broker increased EBITDA estimates for FY27 and FY28 due to expected profitability improvements, despite a 17% YoY EBITDA decline in the latest quarter.

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