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Ambuja Cements, UltraTech Remains Systematix' Top Stock Picks In The Sector — Here's Why
Ultratech and Ambuja Cements remain the brokerages' top picks within the coverage universe with a target price of Rs 12,660 and Rs 654, respectively.
04 Mar 2025, 09:24 AM IST 
Cement demand has been facing challenges due to labor shortages, transportation bottlenecks, and muted government spending.
(Photo Source: freepik)
Cement prices have witnessed a notable recovery, with all-India average prices rebounding to Rs 371 per bag from the August 2024 low of Rs 337/bag, reflecting a 10% improvement. Moreover, companies shift focus from consolidation to organic growth—driven by improved performance, efficiency, and margins— cement prices are expected to rise steadily over the medium term.
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