Over 15 entities including seven IPL franchisee owners are bidding for five Women's Indian Premier League franchisees; bids likely to touch Rs 1,000 crore.
Budget 2023: Infra and related stocks turn attractive to investors
The government's focus to build infra, support real estate demand and ambitious plans under the national infrastructure pipeline (NIP) will increase the demand for cement companies as well.
ETMarkets Fund Manager Talk: Defence companies, ITC helped this manager’s WealthBasket clock index-beating returns in 2022
Second, financials have to reflect progress of the story, and validate realistically the potential of what can be. We like to see this in the form of better revenue growth, margin expansion, and return ratios; but while ensuring healthy cash flows, prudent capital allocation, and high corporate governance standards.
Will Adani Group stocks continue to do well in new year? Sandip Sabharwal explains
"In cement, mny of the groups are expanding very rapidly after the entry of Adani. We could expect that ACC, Ambuja will also start expanding more rapidly. In the next two years, we will see significant supply and demand increases at a steady pace. So pricing and margins could come under pressure. Cyclically they will keep on moving up and down but long-term directionally, I am not playing cement at this stage."
Hot Stocks: Brokerage view on Medanta, PB Fintech, JK Cement and Bandhan Bank
Jefferies initiated a buy rating on Medanta (Global Health) with a buy rating and a target price of Rs 550. Medanta is a top-notch healthcare provider with strong brand equity, the brokerage said.
Cement demand revives as slack season ends, govt infra spend picks up
Industry margins set to rebound on recovery in prices and drop in fuel costs; UltraTech, JK Cement and Dalmia Bharat are among top analyst stock picks.
Fundamental Radar: 5 reasons why this multibagger cement stock is a play on capacity expansion
The cement industry is witnessing a demand revival with improvement in labor availability and rural demand, governments thrust on infrastructure (aided by pre-election govt. spending), and steady demand from the housing segment.
We continue to remain overweight on the cement sector: Hemang Jani
I am a little worried with the kind of momentum we are seeing with smaller bank stocks be it PSU banks, Yes Bank and many other midcap infra companies.
Motilal Oswal is bullish on JK Cement has recommended buy rating on the stock with a target price of Rs 3550 in its research report dated December 01, 2022.
JK Cement, Dalmia Bharat likely to give 12-15% return in 1 year. Read why
We are positive on the cement industry dynamics for the next few years due to 1) better demand prospects led by infrastructure and housing sector, 2) increased consolidation in the industry and 3) regulatory changes in the allotment of limestone blocks.
Cement sector to stage demand, earnings recovery: Brokerages
The cooling of fuel costs and the Union government’s construction spree in the run-up to the 2024 general elections are expected to help margins and volumes.
Motilal Oswal is bullish on J K Cement recommended buy rating on the stock with a target price of Rs 3370 in its research report dated November 14, 2022.
Rs 8,700 cr-FPI selloff makes this sector 2022’s worst performer. What should you do?
Muted demand and higher costs hit their profitability hard enough that the operating profit per tonne for the sector dropped to a decade-low in the September quarter. The rise in costs outpaced the growth in realisations for most of the companies in the previous quarter.
ICICI Direct is bullish on JK Cement recommended buy rating on the stock with a target price of Rs 3600 in its research report dated November 15, 2022.
Hemang Jani on why he would avoid Tata Steel, go for HCL Tech, SBI now
“Some of the midcap IT names have shown a bit of a resilience and when we look at the numbers – be it MindTree, LTI, LTTS and Persistent Systems – many of these companies have delivered extremely good sets of numbers and improved margins. There is a case for some sort of a revival in the broader IT space and some of these midcap names also.”
Motilal Oswal is bullish on JK Cement recommended buy rating on the stock with a target price of Rs 3170 in its research report dated October 31, 2022.
When I talk about Deepavali Picks, I don't mean from Deepavali to Deepavali but I entering these as a pick to buy & hold as long as one can for amazing gains. I have faith in ......read more
Chakri Lokapriya on his Diwali bet and why he likes it
“UPL is a Nifty name and it has been down partly because of fears that their performance in Europe will be weak. However, the other geographies in which it operates look very strong including India. The stock trades at a very low valuation of about 9 times for a business of its size and a company of its size. The stock clearly offers sufficient upside over the next six to 12 months. ”
Hot Stocks: Brokerages on Tata Motors, Infosys, Mindtree and Ambuja Cement
CLSA maintained an outperform rating on Tata Motors with a target price of Rs 473. The company's near-term demand for CVs is strong but the cycle may peak in FY25. The stocks standalone business firing on all cylinders and new launches to aid market share improvement, it said.
Want to play the agri theme? Bet on these 4 stocks: Chakri Lokapriya
“Hotel companies will continue to do well. If they are put in two brackets – one is the mid income and above mid income which is where Mahindra Holidays, Thomas Cook fall into and then the luxury end of the segment which includes India Hotels, Chalet Hotels, Taj Hotels and the Marriotts of the world.”
Market to go very close to October highs & then begin a larger correction: Jai Bala
“The Indian market is slightly outperforming the world markets and I do not think that it is sustainable.In the extreme short term, market going to go very close to the record highs registered in October 2021 or slightly exceed that. Then it is going to begin a larger correction.”
#ULTRACEMCO cement is trading at 17% lower and #JKCEMENT is trading at 25% lower from their respective 52-week Highs, what exactly happened to the cement Industry? Let’s delve deep into the Cement Industry.