New Delhi, Aug. 15 -- Axis Securities said the cement sector has kicked off FY26 on a strong footing, with Q1 results surpassing expectations across key financial metrics. Robust demand, sustained pricing power, and disciplined cost management have underpinned the sector's performance. Axis Securities highlighted that select market leaders now offer compelling risk-reward opportunities, making it an ideal time for investors to position their portfolios ahead of a sustained upcycle.

Axis Securities said its preferred picks in the cement space combine strong balance sheets, efficient operations, and capacity expansion pipelines that position them to capture incremental demand. UltraTech Cement Ltd, with a buy rating and target price of Rs....