The Indian cement sector demonstrates resilience with rising prices despite subdued demand, particularly in the South and East regions. Capacity expansions are expected, potentially intensifying competition. UltraTech Cement and JK Cement are recommended as buys, with positive growth outlooks driven by cost efficiencies and strategic expansions, respectively.
Market’s next big cue may come from earnings and rural revival: Shiv Puri
Shiv Puri from TVF Capital Advisors suggests a positive outlook for consumption due to changing unsecured personal lending. He highlights opportunities in underpenetrated sectors like