---
title: "New Buy Rating for Sagar Cements Ltd (SAGCEM), the Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273528179.md"
description: "Vijay Goel from ICICI Securities has maintained a Buy rating on Sagar Cements Ltd (SAGCEM) with a price target of INR220.00, while the shares closed at INR190.70. Goel, a 2-star analyst, has an average return of 2.4% and a 61.11% success rate. The overall analyst consensus for Sagar Cements Ltd is a Moderate Buy, with an average price target of INR239.50."
datetime: "2026-01-23T14:27:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273528179.md)
  - [en](https://longbridge.com/en/news/273528179.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273528179.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/273528179.md) | [繁體中文](https://longbridge.com/zh-HK/news/273528179.md)


# New Buy Rating for Sagar Cements Ltd (SAGCEM), the Basic Materials Giant

In a report released yesterday, Vijay Goel from ICICI Securities maintained a Buy rating on Sagar Cements Ltd, with a price target of INR220.00. The company’s shares closed today at INR190.70.

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According to TipRanks, Goel is a 2-star analyst with an average return of 2.4% and a 61.11% success rate. Goel covers the Basic Materials sector, focusing on stocks such as Birla Corporation Limited, Mishra Dhatu Nigam Ltd., and Sagar Cements Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sagar Cements Ltd with a INR239.50 average price target.

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