The price-to-moving averages hints at a favourable trend for India Cements; similarly, select technical factors augur well for cement stocks such as Ambuja Cements, Ramco Cements and NCL Industries.
JM Financial Institutional Securities has picked UltraTech Cement and JK Cement as its top picks in the cement sector; here's why
UBS stays positive on cement sector, sees price recovery, margin gains, and consolidation ahead. Top stock picks for FY26 include Ambuja, UltraTech, Dalmia Cement
Ramco Cements aims for Rs 16,000 crore revenue in the next five years and launches the "Hard Worker" brand in construction chemicals, with a target to generate Rs 2,000 crore revenue in the segment.
At 10:41 AM, the stock was trading 5.38 per cent lower at ₹1,075, underperforming the broader BSE Sensex, which was down 0.54 per cent at 80,188.05.
India Cements, Dalmia Bharat, Sagar Cements, Birla Corporation, and The Ramco Cements shares were trading higher in the range of 2 per cent to 4 per cent
In FY 2025-26, cement demand growth is expected to rebound by 6-7 per cent owing to traction from the infrastructure and rural housing segments