Daily Market Updates: Cement stocks: Nuvama stays neutral as rising costs cloud outlook; JK Cement top pick , key things to know

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Cement stocks: Nuvama stays neutral as rising costs cloud outlook; JK Cement top pick , key things to know

Reported · Written up by our desk · North America

Cement demand and prices improved in October, supported by post-monsoon activity and stronger government spending. However, rising petcoke costs could pressure margins in H2FY27. Nuvama remains neutral on the sector and names JK Cement its top pick with a Buy rating.

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LiveMint MarketsCement stocks: Nuvama stays neutral as rising costs cloud outlook; JK Cement top pick , key things to know

Global Markets

Cement stocks: Nuvama stays neutral as rising costs cloud outlook; JK Cement top pick , key things to know

More like this

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