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Construction : Cement Update | May 2016 | Source : CW-India

Cement firms to see best fourth quarter performance

Cement stocks have been buzzing with activity on the bourses of late. While large-cap stocks such as ACC, Ambuja Cements, Shree Cement and UltraTech continue gaining traction trading near their 52-week highs, many others in the mid-cap and small cap space too are hitting 52-week highs. After a subdued demand and realisation environment in most parts of India during the last few quarters, optimism started setting in as the Union Budget was tabled. The government outlay to the infrastructure sector and rural economy all bode well leading to expectations that demand will improve.
 
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