UltraTech Cement, Ambuja Cements, and JK Cement have received ‘buy’ ratings from JM Financial due to promising growth prospects amid sector recovery driven by infrastructure and housing initiatives. UltraTech is highlighted for its robust strategy, while Ambuja and JK Cement show significant upside potential. The industry’s consolidation and cost optimization are set to enhance profitability over the coming years.
Top 10 large-caps with rising retail investor holding in June quarter
Retail shareholding in several NSE large-cap stocks surged in Q1 FY25, led by Samvardhana Motherson, Siemens Energy India, and Hindustan Zinc. The trend signals growing