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Motilal Oswal Report
Stocks to Buy: UltraTech Cement Ltd. is our top pick in the cement space. We are also positive on Ambuja Cements Ltd. and JK Cement Ltd.
We are structurally positive on the industry. We prefer players with a balanced geographic mix, higher capacity utilizations, and a strong track record of capacity expansion and successfully integration.
Further, we are positive on the companies that have a strong presence in North, Central and West regions. We believe these regions are less vulnerable to the demand-supply mismatch and volatility in the cement price.
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