Synopsis: UltraTech Cement stock is in focus after both Morgan Stanley and Bank of America have given an upside of 11 percent and 15 percent respectively. The shares of this flagship brand of Grasim Industries are in focus as both Morgan Stanley and Bank of America...
The recent surge in cement prices signals a promising landscape for investors, with Western India seeing the highest price surge of Rs 350-400 per 50 kg bag and other regions experiencing even more substantial increases. This price escalation, driven by increased real...
Jefferies projects an 8-10% volume growth for Indian cement companies in H2FY25, driven by improving demand and revival in government capex. It highlighted Ultratech Cement as a top large-cap pick and JK Cement as a mid-cap favorite, with cement stocks rallying up to...
During Monday’s trading session, the shares of the third largest cement manufacturer in the world by capacity (excluding China) surged nearly 4.6 percent to Rs. 11,712.8 on BSE, after the company announced expanding capacity in Kukurdih, Chhattisgarh. With a...
Cement manufacturers with active capacity expansion initiatives signal robust long-term growth potential in India’s infrastructure sector. For investors, this represents strategic positioning in anticipation of rising demand, while the industry’s...
India is one of the world’s largest producers and exporters of cement, with a rapidly growing industry that plays a crucial role in the global construction sector. As the second-largest producer of cement after China, India has become a market leader in cement...
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