CMP: 47

HeidelbergCement India Ltd. manufactures portland slag cement and portland pozzolana cement.

Bain Capital is picking up 12% stake for 220 Crores in Heidelberg cem. Valuing company at 1800 Crores while Mcap is just 1000 Crores

Although fundamentally weak, this news could keep the stock bullish for a while. It runs at a debt of 1000 Crores with 73 Crores cash in hand. Revenue has not grown much in the last 5 years and profits have declined from 125 Crores to 31 Crores in the last 5 years. One should book profits sooner than later.