Case study

STARCEMENT

STAR CEMENT LIMITED

Worth a closer look1y model +7.8%

Each stock's 10,000-path forecast, rendered as light.

57Score

STAR CEMENT LIMITED (STARCEMENT) Stock Analysis & Case Study

Is STARCEMENT a good buy? The data-driven verdict.

STAR CEMENT LIMITED (STARCEMENT) trades at ₹203,on the numbers it worth a closer look, a Downstox Snapshot Score of 57/100.

On the numbers, STAR CEMENT LIMITED (STARCEMENT) worth a closer look, a Downstox Snapshot Score of 57/100, weighing fairly valued at 20.4× earnings, ROE of 13.2%, a 59% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

STARCEMENT fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹8,207 Cr
Current price
₹203
P/E ratio
20.4×
P/B ratio
2.57×
Book value
₹79
Dividend yield
0.98%
ROCE
16.7%
ROE
13.2%
Piotroski F-Score
6/8

How STARCEMENT ranks against the 2,373 companies in our screener

Is STARCEMENT overvalued? STARCEMENT P/E vs peers

STARCEMENT trades at 20.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

STARCEMENT share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.0y of STARCEMENT history (5%/yr drift, 31%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
STARCEMENT 2027₹146₹218₹325+8%
STARCEMENT 2028₹132₹235₹418+16%
STARCEMENT 2029₹125₹253₹510+25%
STARCEMENT 2030₹122₹273₹609+35%
STARCEMENT 2031₹120₹294₹720+45%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability STARCEMENT goes up, or doubles?

59%
Higher in 1 year
Modelled chance the price is above today in 12 months
70%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹404 within 5 years

The bull case for STARCEMENT

  • STARCEMENT's P/E of 21.6x is lower than 59% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • STARCEMENT's return on equity of 13.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹510.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹125.

STARCEMENT volatility & expected range, how bumpy is the ride?

Over the last 9.0 years STARCEMENT compounded at 5%/year with annualized volatility of 31%. That volatility implies a 1-year 80% range of ₹146-₹325, the honest backbone behind any single price target.

STARCEMENT price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.8%
80% range₹146-₹325
P(price ↑)59%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
25.2%
80% range₹125-₹510
P(price ↑)66%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
45.4%
80% range₹120-₹720
P(price ↑)70%
P(price 2×)32%

STARCEMENT price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
STARCEMENT simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds STARCEMENT hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the STARCEMENT price target & forecast page.

STARCEMENT Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. STARCEMENT scores 6/8, mixed financial health.

STARCEMENT MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy STARCEMENT with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
ZerodhaCHEAPEST28.43%3.5×
Groww28.56%3.5×
Dhan28.43%3.5×
Kotak Neo34.97%2.9×
Paytm Money28.69%3.5×
Pocketful28.85%3.5×
Fyers30.30%3.3×
Anand RathiCHEAPEST28.43%3.5×
Bajaj Broking32.00%3.1×
Share India28.54%3.5×

Compare every broker on the STARCEMENT MTF page.

About STAR CEMENT LIMITED: sector, index & market-cap context

STAR CEMENT LIMITED (STARCEMENT) is a small-cap NSE-listed company, with a market capitalisation of ₹8,207 Cr. See more stocks on our screener.

How the STARCEMENT Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of STAR CEMENT LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

STARCEMENT analysis, FAQs

Is STAR CEMENT LIMITED (STARCEMENT) a good buy?

On the numbers, STAR CEMENT LIMITED (STARCEMENT) worth a closer look, a Downstox Snapshot Score of 57/100, weighing fairly valued at 20.4× earnings, ROE of 13.2%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is STARCEMENT overvalued or undervalued?

STARCEMENT trades at 20.4× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the STARCEMENT share price target for 2031?

STARCEMENT's probability-weighted 2031 median target is ₹294, with an 80% range of ₹120-₹720 (10,000-path Monte-Carlo).

What is the probability STARCEMENT doubles in 5 years?

The modelled probability of STARCEMENT reaching ₹404 (2×) within 5 years is 32%.

What is the bull case for STARCEMENT?

STARCEMENT's P/E of 21.6x is lower than 59% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. STARCEMENT's return on equity of 13.2% ranks in the 65th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in STARCEMENT?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on STARCEMENT