Page 7 - Cement Stocks

Cement shares trade firm; UltraTech, ACC, Ambuja Cements gain up to 2%

The significant pick up in the infra activity backed by the NIP is likely to see healthy traction in terms of new project awards and execution medium term, which is expected to boost cement demand.

Larger cement companies better placed despite higher valuations

Investors appear to have paid heed to the negative aspects in the recent past

Cement shares in demand; UltraTech, ACC, Ambuja hit record highs

Going forward, easing of localised curbs and post monsoon, analysts expect a sharp rebound in demand for cement.

Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs

In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent

UltraTech, ACC: These 6 cement stocks are signalling up to 16% upside

UltraTech Cement and Grasim Industries are only a few bucks short of their lifetime high of Rs 7,055 and Rs 1,547, respectively

Cement shares in focus; Ambuja Cements, JK Lakshmi Cement hit record highs

Analysts expect a sustainable demand recovery in volumes in coming quarters on the back of gradual relaxations in lockdowns, expectations of construction activities gaining momentum post-monsoon

Cement shares in focus; Ambjua, JK Lakshmi Cement hit record highs

With ease in restrictions from July onwards, demand is expected to pick up

Spurt in volume, price hike to cushion cement firms against rising costs

All-India average cement price, according to analysts' estimates, is likely to be up around 1 per cent quarter-on-quarter (QoQ) and nearly 5 per cent YoY in Q4-FY21E

ACC, Ambuja Cements gain up to 7% in a weak market; trade near record highs

Over the medium-term, the companies expect all India cement demand to grow at around 5-6 per cent on an average, mainly on the back of rural housing, followed by infrastructure segment

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Cement stocks in demand; Dalmia Bharat, JK Cement, Ramco Cement at new high

The government's thrust on infrastructure spending and affordable housing bodes well for cement demand, Motilal Oswal Securities said in a note

UltraTech, ACC: Infra push in Budget 2021 to fuel rally in cement stocks

Frontline cement stocks have shown tremendous strength in the stock price from a medium term view that may touch higher levels in coming months

Cement shares extend gain on strong outlook; JK Cement surges 9%

In the past one week, most of the frontline cement stocks have outperformed the market and risen more than 4 per cent, as compared to 1.2 per cent rise in the S&P BSE Sensex

Cement stocks fall after CCI raids on allegations of price cartelisation

This will not impact positive sentiment in the sector, say analysts

Cement shares extend rally; Shree Cement, JK Cement hit new lifetime highs

ACC, Dalmia Bharat and Grasim Industries touched their respective 52-week highs on the BSE

UltraTech Cement hits 7-month high; stock surges 7% in 3 days

The stock of the cement major was trading higher for the third straight day, ralling 7 per cent during the period and was trading at its highest level since March 6, 2020

Cement stocks rise; UltraTech, ACC gain 3%, Ambuja Cements hits 52-wk high

Analysts at Emkay Global Financial Services remain positive on the cement sector and expects industry volume to start improving from the January-March quarter (Q4FY21)

UltraTech, ACC: Price breakout suggests more upside for cement stocks

Shares of cement makers have done well at the bourses over the past few weeks after sector majors UltraTech Cement, ACC and Ambuja Cements reported good operational performance in the June quarter

Cement shares rally as ACC logs strong operational performance in June qtr

Individually, ACC rallied 6%, Ambuja Cements & JK Cement surged 5% each, while Ramco Cements, Shree Cement, India Cements, Heidelberg Cement India & UltraTech Cement were up in the range of 2% to 4%

Cement shares in focus: Ambuja, Shree Cement, UltraTech up over 2%

Robust pricing so far and lower input costs YoY should moderate earnings decline on account of volume loss in 1HFY21.