UltraTech cements its lead—and looks to build on it

The momentum is fuelled by a recovery in infrastructure spending, industry consolidation, and rising prices—all of which favour dominant players. With government-led capex driving demand and competition weeding out smaller players, UltraTech is poised to gain further ground. Read this | Is the cement sector consolidation at its fag end? But challenges remain, from pricing…

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Top stock picks: Market experts recommend these eight stocks to buy today

View Full ImageSource: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December quarter, AB Infrabuild reported…

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Stocks to buy or sell: Dharmesh Shah of ICICI Securities suggests buying Ultratech Cement tomorrow – 27 January 2025

Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced losses on Friday, marking the third consecutive week of declines amid rising worries about slowing corporate earnings. The Nifty 50 closed down 0.49% at 23,092.2, while the Sensex dropped 0.43% to settle at 76,190.46. Throughout the trading session, both indices oscillated between gains…

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Grey to green: Let the UltraTech-Adani rivalry spur a race for clean cement

Market leader UltraTech’s India Cements deal springs it further ahead in its race with the Adani Group for cement production capacity. As industry consolidation proceeds, however, another race calls for attention—to de- carbonize this hard-to-abate sector. Rivalry over containing carbon emissions is underway, thankfully, as businesses join the battle against climate change.  The 32.7% stake…

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