Why This May Be A Good Time To Buy Cement Stocks

Cement stocks have caught investors' fancy in the past one month. In the past one month, Ambuja Cements has surged 13 per cent, UltraTech 9.5 per cent, ACC 20 per cent, JK Cements 16.7 per cent and JK Lakshmi 20 per cent. In comparison, Nifty has gained 4 per cent.  Expectations of strong corporate earnings in the fourth quarter on the back of rising demand and prices are driving gains in cement stocks, analysts say. Ritesh Shah, r...