Page 8 - Cement Stocks

Cement sector: If demand fails to pick up, stocks may come under pressure

Going ahead, raction in rural demand should continue in the back of good crop, normal monsoon, labour availability and government's welfare schemes

Cement's strength will be tested if demand, volumes fail to pick up

Firm realisation and lower costs bode well for profitability

Cement stocks in focus; India Cements hits 2-yr high, soars 33% in 6 days

On May 14, 2020, India Cements announced that Radhakishan S Damani, promoter of D-Mart supermarkets' chain, along with Gopikishan S Damani, has increased the stake in the company to 19.89 per cent

Improving profitability, low valuations offer comfort in UltraTech

Strong cost controls, lower diesel, petcoke and coal prices helped

Covid-19 impact: With retail shut, cement and stocks pile up at factories

Starting construction may have no impact on demand if the loha and cement mandis don't open

Construction to resume, focus now on labour, raw materials and funds

Not all companies to gain. while those in hotspots will remain shut, industry feels relaxation applies only to open-air work, not underground or tunnelling operations

Cement, paint, pipes: Will construction relaxation aid these sectors?

With the demand likely to remain tepid even after the lockdown is lifted, analysts suggest picking stocks from long-term perspective and focus on firms with low debt levels and a healthy order book

Emami sells cement biz to Nirma. What it means for the stock and sector?

In December last year, Emami Cement had filed for its IPO with market regulator Securities and Exchange Board of India (Sebi) to issue fresh equity shares worth Rs 500 crore

Shree Cement, UltraTech likely to benefit from any uptick in demand

While UltraTech and Shree Cement have risen 13-16 per cent since their December lows, ACC and Ambuja Cements have lagged, with gains of 6-9 per cent

Cement shares extend gain: Shree Cement, Birla Corp rally over 10% in 1 wk

After a period of meaningful underperformance/valuation de-rating in the second half of last year, analysts at JP Morgan see the case for a positive trade for the stocks over the next few months.

Path still unclear for cement stocks amid subdued pricing, weak demand

While capital expenditure by government should aid demand in March quarter, a meaningful demand revival is unlikely anytime soon

Cement stocks in focus: UltraTech, ACC up over 3% on likely demand pick-up

Orient Cement, Star Cement, India Cements, JK Lakshmi Cement, HeidelbergCement India, Ramco Cements, Shree Cement and Dalmia Bharat from the S&P BSE 500 index were up more than 3 per cent each.

UltraTech, Ramco Cements: Analysts see significant upside in cement stocks

Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.

Realisations still under pressure for cement firms as demand remains muted

With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant

Auto, cement shares rally up to 16% after FM 's fiscal booster dose

Eicher Motors and Maruti Suzuki India surged 16 per cent and 11 per cent, respectively in the intra-day trade today. Among the cement stocks, Shree Cement surged 14 per cent.

Cement demand growth may nearly halve to 7% in FY20 on weak Q1 offtake

The bright side is that manufacturers could also benefit as average prices in FY20 are likely to be better than FY19, while costs are likely to be lower

Near-term gains unlikely for cement stocks due to high valuations

The muted cement demand has continued even in June on the back of fewer government projects and labour and water shortage in a few states/regions, said analysts

ACC, UltraTech, Ambuja Cement: Is it a good time to buy cement stocks?

Notable names in the space such as Ultratech Cement, Ambuja Cements, Orient Cement, Star Cement, and Prism Johnson have delivered robust performance during the recently-concluded quarter.

Should you bet on cement stocks? Here's what technical charts indicate

Although cement stocks are trading lower from their respective lifetime highs, the trend is expected to change in the coming sessions

Volume growth concerns recede, realisation gains key for cement stocks

UltraTech and Shree Cement are top picks in a sector grappling with higher capacities