Moneycontrol Pro Ideas For Profit: Here’s why Star Cement is in focus

Star Cement is one of the largest manufacturers of cement in the North-eastern region with an installed capacity of around 4.3 metric tonne and a market share of around 23-24 percent in the region.

Performance in Q1 was definitely impacted by the COVID-19 with volumes going around 30 percent down in comparison to the last year. However, the business has rebounded strongly in Q2 with the volumes growing around 6 percent in comparison to last year.

Moneycontrol.com’s Sachin Pal gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.