ICICI Securities, a leading Indian research house, has issued a “BUY” call on Shree Cement (SRCM) with a target price of Rs 35,330, representing a 19% upside from the current market price (CMP) of

Shree Cement share price was trading 3.7 percent higher during the early trading session on Monday.

Prabhudas Lilladher has maintained an Accumulate rating on Shree Cement Ltd. (SRCM), with a revised target price of Rs 25,815.

Shree Cement stock recovered today after yesterday’s massive decline.

Shree Cement stock was down by 11 percent in early trade as the company informed the exchanges on Saturday that the locations of the company were surveyed by income tax department.

Market expert Aditya Agarwala of Invest4edu has suggested two BUY Calls and no SELL Call for short term investors and traders.