New Delhi, Sept. 30 -- Star Cement share price has declined over 10 per cent in September so far on profit booking at higher levels amid weak market sentiment. The cement stock hit a 52-week high of Rs.308.10 on September 2 and has been under pressure since then. On a monthly scale, the stock has declined 10.2 per cent from September 1st to the 29th and is set to end the month with double-digit losses after two consecutive months of gains.

In July, Star Cement shares gained nearly 13 per cent, followed by a 19 per cent jump in August. Year-to-date, the stock is up 11 per cent, while over the last year, the mid-cap cement stock has clocked a gain of 26 per cent.

Is the recent correction in the stock price an opportunity to buy?

Fundamen...