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CRISIL retains valuation grade of 5/5 to Sagar Cements

Monday 18th Jul 2011 143

Hyderabad : CRISIL Research has come out with its report on Sagar Cements . The research firm has initiated coverage on the company with a valuation grade of ‘5/5’ and maintained the fair value of Rs 202 per share, in its July 13, 2011 report.

Sagar Cements Ltd’s (Sagar’s) Q1FY12 revenues and margins exceeded CRISIL Research’s expectations. Sagar reported 2.5% q-o-q growth in Q1FY12 revenues.

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