Cement stocks that should look solid in your portfolio

Cement stocks that should look solid in your portfolio

Labourers loading cement bags in a boat in the Brahmaputra river.

Synopsis

Expansion is the name of the game in Indian cement industry. Here are four cement-makers with a strong balance sheet and a lean cost structure.

In India's cement industry, large, pan-India manufacturers have pricing power across regions leaving hardly any room for small, regional players to become market makers. Among the large firms, Ultratech Cement, Ambuja Cements, and Shree Cement are preferred picks of analysts. Apart from wider reach, these companies have strong balance sheets and a lean cost structure. In addition, they have expanded in a well-calibrated manner without stretching
( Originally published on Apr 18, 2024 )

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