Stocks to buy, July 16 -- Anticipating strong demand revival in the Indian building products sector amid increasing disposable income and shift towards organised players and premiumisation, brokerage firm Axis Securities recommends three stocks to buy from the sector- Greenply Industries, Cera Sanitaryware, and Astral.

Axis Securities pointed out that the Indian building products sector is poised for a strong demand revival from FY26, aligning with the typical 1.5-2-year lag following a real estate upcycle.

"Real estate absorptions rose nearly 30 per cent in FY22 and 12% in FY23, with unsold inventory reaching a 10-year low in FY24, indicating building material consumption is gaining momentum," Axis observed.

(This is a developing stor...