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Cement Q4 Results Preview — DRChoksey Maintains Constructive Stance; UltraTech, Shree Cement Among Top Picks
DRChoksey's coverage universe is expected to post volume growth of 10.0% YoY, with ACC/UltraTech, Shree Cement seeing volume growth of 10.0%/10.1%/15.3% respectively
25 Mar 2025, 03:39 PM IST 
Among the listed cement players under DRChoksey's coverage, Ramco Cements is the most impacted, as 50.0% of its clinker capacity is located in Tamil Nadu
(Photo Source: freepik)
Cement prices exhibited early signs of stabilization, following a subdued pricing environment through October and November 2024, driven by weak demand dynamics. However, a turnaround materialized in December, supported by rural housing expansion, and infrastructure-driven demand, leading to a moderate recovery in prices.
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