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    Seasonal road block cleared; 4 mid & 2 largecap cement stocks with upside potential of up to 49%

    Synopsis

    As the seasonal factor of monsoon gets over, focus would come back to cement stocks. With stable oil prices and energy costs, the operating matrix of the cement sector is favourable. We take a look at what analysts are saying across cement companies. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

    While large cement companies might be in the news for one or the other reason, it is midcaps cement stocks which have shown better than expected numbers in the last one year. A number of them have reached the capacity levels from where increase in capacity leads to more operating gains. Now why cement at this time, because the cyclical factor which brings the demand down in monsoon is getting over. As the focus of the government continues to be
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    The Economic Times