Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs

Most managements continue to be positive on the cement demand, led by the government's thrust on infrastructure projects, pick-up in urban real estate, and likely recovery in the rural segment.

Ultratech cements
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SI Reporter Mumbai
Shares of cement manufacturer were in focus, having rallied up to 4 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market.

Star Cement, UltraTech Cement, Ambuja Cements, Dalmia Bharat, India Cements, JK Cement, Shree Cement, Ramco Cement and HeidelbergCement India were up in the range of 1 per cent to 4 per cent. In comparison, the S&P BSE Sensex was down 0.28 per cent at 61,150 at 10:11 AM.

Most of the company managements' continue to be positive on the cement demand, led by the government’s thrust on infrastructure projects, pick-up in urban

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First Published: Feb 17 2023 | 10:29 AM IST

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