Page 4 - Cement Stocks

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.

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