Stock Market Today, Feb. 25 -- UltraTech Cement, Ambuja Cements, Dalmia Bharat, and ACC among other cement stocks may benefit from rising cement prices.
The cement manufacturers have seen decent demand but improvement in cement prices is being eyed since the October-December 2024 quarter as that is expected to drive up earnings growth. With the progressing January-March quarter being historically favourable for cement price improvement, anticipation is that the prices may improve now.
Analysts said that while attempts were made to hike prices across the markets, conversations with dealers, sales executives, and C&F agents reveal the companies struggled to sustain these in most pockets due to increased supply and competitive pricing tren...
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