Why Cement Is A Sector To Watch In Trade Today - UltraTech, Ambuja And Others In Focus

The Indian cement industry is poised for a notable turnaround as recent data indicates a rise in pan-India prices by approximately Rs 7 per bag, alongside robust volume growth. This positive shift has prompted several brokerages to adopt a more optimistic stance regarding both demand and profitability within the sector. Analysts believe that the increase in prices and sustained demand could signal a recovery phase for cement companies, making firms such as UltraTech and Ambuja Cement particularly noteworthy in today's trading landscape. As infrastructure projects ramp up and construction activities gain momentum, the sector's performance is likely to improve, attracting investor attention. Industry experts suggest monitoring these developments closely, as they could influence market trends and investment strategies in the coming months.
Originally reported by NDTV Profit. Read original article
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