Brokerages see robust outlook for cement sector - ACC, Ultratech, India Cements are 3 stocks for big gains
The outlook for cement sector remains strong with at least two reports expressing optimism on demand situation, pricing and production. An ICRA report estimates production to go up 12 per cent to 330 mln tn in FY22
The outlook for cement sector remains strong with at least two reports expressing optimism on demand situation, pricing and production. An ICRA report estimates production to go up 12 per cent to 330 mln tn in FY22.
The same report estimated production to go up by 8 per cent to 360 mln tn in FY23.
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See Full Story HereShares of India Cement ended at Rs 214.80, up 8 per cent from the Wednesday closing price. Equity markets were shut on Friday on account of Dussehra.
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