Cement stocks have been on the radar considering the government’s infra push and acquisition of Ambuja Cements and ACC by Adani Group. Analysts said the twin acquisitions by Adani have raised hopes of more such deals in the sector as a few players are finding it difficult to pare their leverage and may be willing to exit the cement business at good valuations.
Top 10 PSU performers in CY24. Here’s how much they have returned
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29%