Increase in demand of cement after a long time, has hike the stock prices of cement companies like Ultratech Cement, Ambuja Cement and ACC Cement up to 15 percent. This year these stocks have given negative return. Demand will be increased more with good monsoon and spending on money by government on Infra. At current, many brokerage houses have increased the stop loss and the targets on cement stocks.
According to the research notes of Reliance Securities cement industries in their fourth quarter have given their best performance, also demand was boosted and their costing was declined. Leaving some of the areas there was a hike in demand in other areas.
According to some experts, a good business is seen in the cement sector and companies capitalization is increasing due to increase in demands. Companies realization is almost bottom out. If there is rise in demand while improved nation’s economy then the capacity in the field of cement can be utilized at its best. According to experts, traders can invest in the stocks of cement companies as they will be getting the big orders hence increasing their stock prices.
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